Thu, 21 Oct 1999: Dial-a-Coke calls machines back to use…
Oct 21, 1999 Baltics
The first such machine has already been installed and may be followed by 25 to 75 more if the idea catches on. The project is the result of cooperation between Coca-Cola Eesti and Estonia's larges...Tags: Checks, Coca Cola, Coke Machine Project, Coke Machines, Cooperation, Credit Cards, Eesti, Emt, Mobile Phone Provider, Possibilities, Raul, Similar Systems, Spheres, Trend
Thu, 21 Oct 1999: ‘Blats,’ lats - many more for some execs…
Oct 21, 1999 Baltics
That's 25,885 lats a month.The minimum wage in Latvia is 50 lats a month and the average wage, in Riga at least, is about 160 lats a month. It would take a teacher earning average teacher wages sl...Tags: Average Wage, Business Leadership, Capitalism, Execs, Free Enterprise, Fruits, Hey, Lats, Latvia, Latvians, Minimum Wage, Net Sales, Riga, Salary, Shipping Company, Sound Business, Teacher Wages
Thu, 21 Oct 1999: Railway privatization gaining more steam…
Oct 21, 1999 Baltics
1, Hammalov said. Another contest to choose the second adviser will be held by the European Bank for Reconstruction and Development. Companies interested in winning the advisory role include Supre...Tags: Adviser, Advisory Role, Bidders, Communications Companies, European Bank For Reconstruction And Development, Infrastructure Sector, International Experience, Investments, Kpmg, Pricewaterhouse Coopers, Privatization, Public Utilities, Railway, Reconstruction, Resume, Steam, Subcontractors
Thu, 14 Oct 1999: EU-Phare steps in to help Lithuanian exports…
Oct 14, 1999 Baltics
One of Lithuania's best hooks to eventual membership in a future economic alliance could be strong domestic companies with a proven track record in Western Europe. For Gavin Jones, project directo...Tags: Baltic States, Checkered History, Economic Alliance, Gavin Jones, Geographic Advantage, Geographic Position, Hooks, Lithuania, Lithuanian, People, Phare, Pilot Program, Project Director, Proven Track Record, Side Trade, Soviet Union, Traffic, Wes, Western Europe
Thu, 14 Oct 1999: Unemployment level in Latvia drops to 9.5 percent…
Oct 14, 1999 Latvia
1 a total of 114,296 unemployed were registered in Latvia.. ...Tags: Latvia, Unemployment Level
Thu, 14 Oct 1999: Stock markets: weekly report (October 1 - 8)…
Oct 14, 1999 Baltics
Deals with Norma stock generated 8.9 million kroons of turnover in the outgoing week.The week's biggest turnover of 10.7 million kroons was in Hansapank stock. The price of the shares rose by 0.66...Tags: Compensation Fund, Hansapank, Kroons, Last Friday, Norma, Skandinaviska Enskilda Banken, Stock Markets, Stock Price, Stock Report, Turnover
Thu, 14 Oct 1999: Baltic markets rebound…
Oct 14, 1999 Baltics
If the results are in line with the pessimistic forecasts that have been made then the Lithuanian market could enter a long decline.The macroeconomic situation in Estonia is looking the best in th...Tags: Baltic Markets, Baltics, Conclusion, Decline, Investors, Lithuanian Market, Macroeconomic Situation, Norma, Rebound, Speculators, Stock, Sweden, Talse Index
Thu, 14 Oct 1999: Summed up…
Oct 14, 1999 Baltics
8 that eight Pirelli Key Point shops will be opened in Estonia and Latvia to compete with Bridgestone, which moved into Eastern Europe this spring.ESTONIA TO SELL TIMBER SURPLUS: Estonia's state ...Tags: Bridgestone, City Government, Cubic Meters, Eastern Europe, Ferry Line, Forestry Management, Keskus, Key Point, Latvia, Liquor License, Pirelli, Private Sector, Rmk, State Forestry, State Forests, Stock, Tallinn City
Thu, 14 Oct 1999: Cheap car costs bureaucrat his job…
Oct 14, 1999 Baltics
"When Siim Kallas started working as a minister, he gave no permission to buy cars," said Daniel Vaarik, spokesman for the Ministry of Finance. "In spite of that, Peep Lass bought an Audi A6 in Ma...Tags: Agu, Audi A6, Bureaucrat, Car Costs, Cars, Chancellor, Cheap Car, Few Days, Job, Kroons, Lass, Ministry Of Finance, Mistake, New Audi A6, Peep, Spite, Spokesman, Tradit
Thu, 14 Oct 1999: From Belarus, with scads of cash…
Oct 14, 1999 Baltics
"We literally jumped in the jeep, went down to the bank, pulled the money out after work, put it in our bags, and came up here to Vilnius and opened up a bank account," he said. A native of the U....Tags: Arms Reduction, Belarus, Implementation, Jeep, Lukashenko, Money, Nuclear Disarmament, Nuclear Reduction, Pollitt, Reduction Treaty, Russia, Scads, State Of Indiana, Taxation, United States, Vilnius
Thu, 14 Oct 1999: Good management pushes factories forward…
Oct 14, 1999 Baltics
We had to keep up efficiency," Triin Kaasik, sales director, said. The coupon, which is handed out every morning, is worth five kroons ($0.35), good for a bowl of soup and a glass of milk in the ...Tags: Buffet Line, Cafeteria, Efficiency, Employee Turnover Rate, Espresso, Factories, Fresh Fruit, Glass Of Milk, Good Management, Health Insurance, Insurance, Nourishment, Plants, Pork Chops, Potatoes, Quota, Sales Director, Window Sills
Thu, 14 Oct 1999: Rescue decision gets a mixed reaction…
Oct 14, 1999 Baltics
Weighed down by millions of dollars in debts, its days of sugar producing seemed numbered. Local sugar-beet farmers and factory workers, who see their own economic future tied to the plant's abil...Tags: Danisco, Farmers, Fertilizer Producer, Jobs, Lietuvos Rytas, Local Government, Marijampole, Mayors, Savior, Stake, Sugar Beet, Tax Debts, Technical Director
Thu, 14 Oct 1999: SEB to consider shares buyout…
Oct 14, 1999 Baltics
"We have to see what will be most beneficial to the market."The new regulations, designed to protect small investors in takeover attempts, would bring the markets here in line with market regulati...Tags: Attitude, Baltic, Baltics, Brokerage, European Union, Investors, Managing Director, Seb, Securities Commission, Shareholders, Shares, Stake, Subsidiary, Takeover Attempts
Thu, 14 Oct 1999: Fishers land an investor…
Oct 14, 1999 Baltics
Viru Rand went bankrupt Jan. 12. "I can only guess [why it went bankrupt] because I came here later," said Laanemets. "Most say the collapse of the Russian market caused it, but I think there is a...Tags: Collapse, Fish Processor, Fishing Fleet, Investor, Rand, Russia, Russian Market, Trade Transportation, Ukraine, Water Purification
Thu, 14 Oct 1999: Alcohol excise cuts take the head off beer…
Oct 14, 1999 Baltics
It even won the Parliament's approval without any complications.But excise taxes on beer emerged from the government's ax unscathed, and beer producers are worried. Audrius Vidzys, vice-president ...Tags: Alcohol, Alcoholic Beverages, Beer, Excise Taxes, Lucky, Parliament, Producers Association, State Newspaper, Substantial Growth, Vice President, Vodka
Thu, 14 Oct 1999: Fiber plant saved by local fuel firm…
Oct 14, 1999 Baltics
Tolaram has turned operations over to the six-year-old Stalkers fuel concern, which operates out of the east Latvian city of Daugavpils. The new operator has promised put more than half the employ...Tags: European Investors, Fiber Plant, Government Aid, Latvian City, Latvian Privatization Agency, Tolaram
Thu, 7 Oct 1999: Latvia’s economy: the long road to recovery…
Oct 7, 1999 Latvia
"But for financial stability, more must be done, and we believe another round of budget cuts must be done."Most analysts forecast the stepped-up growth will continue through next year, as do the I...Tags: Bank Of Latvia, British Isles, Budget Cuts, Clout, Currency, Dollar Signs, Economy, Export Markets, Financial Stability, Germany, Imf, Interventions, Ruble, United States, Western Europe, Western States
Thu, 7 Oct 1999: Interbank rates rise in Latvia and Lithuania…
Oct 7, 1999 Latvia
At present, macroeconomic development is having an adverse effect on the Lithuanian credit resource market. According to several forecasts, the Lithuanian gross domestic product may suffered a dro...Tags: Adverse Effect, Credit Resource, Current Account, Eurobonds, Financial Times, Gap, Gdp, Gross Domestic Product, Interbank Rates, Latvia, Lead, Litas, Lithuania, Macroeconomic Development, Reflection, Resource Market, Rising Interest Rates, Second Quarter
Thu, 7 Oct 1999: New ‘green’ fuel introduced in Estonia…
Oct 7, 1999 Estonia
But, she said, laboratory tests are being undertaken in Scandinavia (where Statoil is based) and a similar product should reach the Estonian market in a couple of years once the glitches are worke...Tags: Alcohol, Canadian Renewable Fuels, Canadian Renewable Fuels Association, Cars, Detergent Additives, Ethanol Blends, Excise Tax, Excise Taxes, Glitches, Good Business, Green Fuel, Laboratory Tests, Levy, Mixture, Obstacle, Renewable Fuels Association, Scandinavia, Statoil, Tax Question
Thu, 7 Oct 1999: U.N.: Estonia most attractive to investors…
Oct 7, 1999 Estonia
The Czech Repulbic, with $247 per capita, placed third.In 1997, Estonia ranked third among Central and Eastern European countries, behind Latvia and Hungary, but the volume of foreign investment h...Tags: Eastern European Countries, Economy, Estonia, Estonian Investment Agency, Finland, Finns, Foreign Investment, Hungary, Investments, Latvia, Lithuania, Nordic Investors, Per Capita, Poland, Proximity, Regional Leader, Scandinavia, Telecommunications Sector
Thu, 7 Oct 1999: Baltic bourses mixed in third quarter…
Oct 7, 1999 Baltics
The Litin was up a modest 4.74 percent during the third quarter, while the Litin-10 jumped up 24.1 percent.The biggest loser, in terms of both share price and turnover, is the Riga Stock Exchange....Tags: Baltic, Biggest Loser, Bourses, First Quarter, Litin, Nine Months, Rici, Riga Stock Exchange, Russia, Share Price, Share Prices, Sharp, Tallinn Stock Exchange, Talse Index, Turnover
Thu, 7 Oct 1999: Summed up…
Oct 7, 1999 Baltics
1. The fund's representatives made the recommendations during talks with Lithuanian officials in Washington. The IMF and Lithuania are preparing to sign a standby agreement for 15 months. Finance ...Tags: Driven, Finance Minister, Financial Markets, Imf, Interest Rates, Investment Programs, Lithuania, Local Markets, Market Participants, Money, Prospects
Thu, 7 Oct 1999: Entrepreneur takes aim with new business…
Oct 7, 1999 Baltics
Fate has a lot of deciding factors also," said Balfoort, who was born in the Netherlands, but moved to New Zealand as a teenager. "Sometimes you end up in an area or a region that you just make it...Tags: Aim, Deloitte And Touche, Deloitte Touche, Entrepreneur, Fate, Futu, Inspiration, International Accounting Firm, Managing Partners, Netherlands, New Business, New Zealand, Riga, Senior Partner, Separate Ways, Teenager, Translation