Wed, 3 Apr 2013: Estonian businessman plans one of the world’s largest wind energy parks…

After the studies we will choose the most suitable areas for building the wind energy park,” said wind energy park planner Karl Magi, adding that it will take at least five more years till t...

Wed, 27 Jul 2011: Vitols warns of excessive political meddling…

However, the company is considering purchasing several facilities, for example, oil refineries, trade companies and filling stations throughout the world. Vitol is also building new terminals in C...

Wed, 29 Jun 2011: Business Analysis: Cleaning the Augean Stables?…

Exports were leading the recovery, unemployment was falling, salaries growing and there seemed to be a feeling that the worst was over. Prime Minister Valdis Dombrovskis published his book on ho...

Wed, 3 Nov 2010: King and Queen fold their cards…

The man turned to the State Labor Inspection, who where unable to provide assistance. Kirsons provided a written public statement on the matter, explaining that things were not going smoothly fo...

Thu, 10 Jun 2010: Development agency head accused of demanding bribes…

“Now LIDA looks bad, () as the latest success story is threatened with disgrace due to bureaucracy,” said Ozols ironically. Considering that the agreement concluded between Aerodium ...

Thu, 4 Mar 2010: Another call for State retreat…

Although the telecommunications expert earlier said that Lattelecom should be privatized as quickly as possible, Smidre stressed that a private monopoly would be undesirable, and that he is concer...

Thu, 4 Mar 2010: New orders keep inmates working…

We began cooperation with the export firm Gateway Baltic, which sought out several businesses which we were able to cooperate with. We went there and met with each company, discussed everything an...

Wed, 22 Apr 2009: Skyways enters Vilnius market …

So we are very happy about this," Barauskas said. "I think these cities are really good for Vilnius 's lots of tourists will come from there. We would like more cities, but we deal with what we ha...

Wed, 5 Nov 2008: Tallink’s profits drop while owners top the rich list …

31. "The results were also influenced by the late delivery of the new cruise ferry Baltic Princess, significant increases of fuel costs and interest rates and difficulties during the launching p...

Wed, 12 Sep 2007: Copterline plans to resume flights in 2008…

At present there are three people working on the Estonian side. Lepp said that a minimum of 12 - 15 people would be required to maintain operations. Lepp said that the ticket price would not chan...

Wed, 11 Jul 2007: Irish selected as investor for radio station…

He said that he would stay on as board chairman. Radio SWH has three radio stations in Latvia 's Radio SWH, Radio SWH+ and Radio SWH Rock. Established in 1993, Radio SWH was one of the first priv...

Wed, 10 May 2006: Businessmen sell soybean refinery to Russian company…

"We decided that they were in a position to cope better with the production tasks, while we would be dealing with supplies," Kanajev said, adding that the Russian group owned three or four more pl...

Wed, 14 Sep 2005: Gutta wins day in court against former chairman…

Fridjonsson has not commented on the court's decision. The complete text of the court decision will be available on Sept. 23, and starting from this date the decision could be appealed within 20 d...

Wed, 16 Mar 2005: Ukio Bankas falls out with Fitch, moves on…

Edita Karpaviciene, chairwoman of Ukio Bankas' management board, said they disagreed with the agency's position. "Therefore, the bank's rating-assignment process has been started by another intern...

Wed, 12 Jan 2005: Development leaders assess Latvia’s future…

One of those strengths is the country's skilled, polyglot workforce. "Latvian workers have a high level of education and motivation and are able to react quickly to their clients' changing needs,"...

Thu, 18 Sep 2003: Riga food fair feeds investor curiosity…

Although some of the products on displayare already available in Latvia, many participants had made the journey toplug their wares. Kumar V. Deiwanayagam, director of Eswaran Brothers Exports, sat...

Thu, 5 Aug 1999: Tallinn nightclub in trouble…

The first court hearing will take place on Aug. 30. Noxtun belongs to Tal-linna Maailma Kaubanduse Keskus (69 percent) and IS Music Group, almost half of which belongs to Uhispank and the rest to ...

Thu, 14 Jan 1999: Summer resort weathers the winter freeze…

Still, its serene summer atmosphere seems oddly vivacious when compared to its appearance come winter; the place is a veritable ghost town. For local business folk, the off-season dry spell cause...

Thu, 5 Nov 1998: Consortium moves in on stevedoring company…

With five competitors originally wrangling for the prize, some merged to increase their chances of victory. The consortium which won through to the negotiation round consists of Viachema, the Dutc...
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