Wed, 21 Apr 2010: Derivatives scandal hits Riga…

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...

Wed, 14 Nov 2007: Reval to open new hotel in downtown Riga…

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...

Wed, 8 Aug 2007: German firm outbids Latvian competitors…

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...

Wed, 3 May 2006: Four-star hotel opens in historic Riga mansion…

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...

Wed, 12 Apr 2006: In brief - 2006-04-12…

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...

Wed, 21 Sep 2005: Reform begin in earnest at “Fly LAL”…

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...

Thu, 6 Nov 2003: Construction company merger announced…

"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 ...

Thu, 19 Jun 2003: Stocks set new record…

"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...

Thu, 19 Nov 1998: Lukoil looks at Latvian pipeline project…

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...

Thu, 22 Oct 1998: Property market picks up in Riga…

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 ...
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