Wed, 21 Apr 2010: Derivatives scandal hits Riga…
Apr 21, 2010 Latvia
But the city council also sold Deutsche Bank credit protection on Dienvidu tilts, ensuring that if the company defaulted for any reason, the city will be on the hook for the full sum. It was thro...Tags: Authorities, Budget Deficit, Civil Servant, Construction Company, Credit Default Swap, Credit Exposure, Debt Levels, Derivatives, Deutsche Bank, European Union, Eurostat, Hook, Money, Riga, Rsquo, Scandal
Wed, 14 Nov 2007: Reval to open new hotel in downtown Riga…
Nov 14, 2007 Latvia
Reval Hotel Elizabete plans to employ about 100 people. Hiltunen said that the new hotel would strengthen Reval Hotels' position in Latvia and the Baltics as the largest hotel operator, as it will...Tags: Baltic States, Baltics, Construction Company, Hotel Chain, Hotel Network, Hotel Operator, Largest Hotel, Latvia, Linstow, Market Leader, New Hotel, Options, Real Estate Company, Reval Hotels, Riga Hotel, Shareholder, Star Hotel, Star Hotels
Wed, 8 Aug 2007: German firm outbids Latvian competitors…
Aug 8, 2007 Latvia
The victory could be one of the first cases when a foreign company with its workers outcompetes local ones in an open competition based on economic criteria to become a general contractor of a p...Tags: Advantageous Conditions, Board Member, Boom, Construction Companies, Construction Company, Economic Criteria, General Contractor, German Firm, German Government, Latvian Companies, Latvian Market, Mgm, Open Competition, Rush, Stranger, Victory
Wed, 3 May 2006: Four-star hotel opens in historic Riga mansion…
May 3, 2006 Latvia
The Europa Royale will also offer a sauna and a conference hall with 80 seats, as well as a bar, the hotel's director Marianna Minigubajeva told the press. She said that a casino would open this s...Tags: Annual Turnover, Architect, Construction Company, Hotel Europa, Lats, Latvian Capital, Lithuania, Marianna, Markova, Reconstruction Work, Renovation, Riga, Sauna, Star City, Three Star Hotel
Wed, 12 Apr 2006: In brief - 2006-04-12…
Apr 12, 2006 Baltics
Neinar Seli, chairman of the supervisory council, told the Baltic News Service that this was one of the port's first projects in the eastern part of Muuga. He said the project should generate earn...Tags: Andris, Baltic News Service, Baltics, Company Director, Construction Company, Earnings, European Union, European Union Funds, Investments, Investors, Muuga, Plants, Riga, Steel Construction, Supervisory Council
Wed, 21 Sep 2005: Reform begin in earnest at “Fly LAL”…
Sep 21, 2005 Baltics
Fly LAL announced last week that it handled 384,400 passengers in the first eight months of 2005, a surge of 33.4 percent year-on-year. What's more, the company carried 64,500 passengers on its 32...Tags: Air Carrier, Charter Flights, Construction Company, Eight Months, Euros, Fly, Fly Lal, Passenger Flow, Percent Stake, Valda, Zia
Thu, 6 Nov 2003: Construction company merger announced…
Nov 6, 2003 Baltics
"Lately we have purchased several pieces of land. Our construction program for the next two to three years reaches 100 million lats (153 million euros)," Martinsons said.Executives of several big ...Tags: Company Merger, Construction Companies, Construction Company, Construction Market, Construction Program, Lats, Local Construction, Significant Impact
Thu, 19 Jun 2003: Stocks set new record…
Jun 19, 2003 Baltics
"Stock prices have moved to the levels justified by fundamentals or even above that," Hansabank equity department chief Lauri Lind said. "Growth relies upon the buying interest of Scandinavian and...Tags: All Time High, Car Seat Belt, Construction Company, Department Chief, Ehitus, Investors, Kroons, Lauri, Lind, London, Merko, Norma, Riga Stock Exchange, Scandinavian, Stock Prices, Stocks, Turnover, Volatility
Thu, 19 Nov 1998: Lukoil looks at Latvian pipeline project…
Nov 19, 1998 Latvia
Latvian and Western companies would get another 40 percent, and the European Bank for Reconstruction and Development will hold the remaining 10 percent. Kogan stressed that, before the implementat...Tags: Construction Company, Decline, European Bank For Reconstruction And Development, Implementation, Kogan, Lukoil, Oil Output, Oil Prices, Opec, Pipeline Companies, Pipeline Project, Reconstruction, Russia, S Market
Thu, 22 Oct 1998: Property market picks up in Riga…
Oct 22, 1998 Latvia
Companies such as the Swedish construction company Skanska and the Estonian developers Reval Hotel Group and Ober Haus will be building substantial amounts of class A office space in the next two ...Tags: Baltic States, Central Location, Construction Company, Developers, Hotel Group, Institutional Investors, Lithuania, Ober Haus, Office Space, Population, Retail Space, Riga, Skanska, Substantial Amounts