Wed, 3 Aug 2011: Vilnius searches for national airline…

Examples of this may include Kaunas International Airport,” Deputy Minister of Transport Rimvydas Vastakas said. Vilnius Airport has overcome a lengthy recession and secured almost all of ...

Wed, 6 Jan 2010: Does corporate management have an obligation to foresee financial crises …

However, such risks resulting from price changes are inherent to each company and the downturn of these large companies cannot be based solely on the financial crisis, but also on the competency o...

Wed, 19 Aug 2009: Investment hopes sparkle in the stormy downturn…

Last week a trilateral 'letter of intent' on the construction of an aluminum parts plant in the southern city of Alytus was signed by the Ministry of Economy, Alytus' municipality and U.S. Aviat...

Thu, 2 Jul 2009: The week’s top news in world financial markets from Maximus Capital…

So far in June, initial claims are running 50,000 below their level in March, the largest decline since the post-Hurricane Katrina plunge in 2005. If historic logic holds, this type of plunge is...

Wed, 10 Jun 2009: The week’s top news in world financial markets from Maximus Capital…

An important test of the recovery forecast will be whether these sectors can keep holding up when the supports fade. Overall home sales have been stable at low levels over the past six months; one...

Wed, 21 Jan 2009: EC: Baltic recession to be worse than expected …

Th e commission said that Latvia would likely see the largest contraction, with the GDP expected to shrink by 6.9 percent this year and 2.4 percent next year. The Latvian economy has already seen...

Wed, 3 Sep 2008: Sweet times for Kalev …

The company is also heavily invested in real estate, an industry that is facing a significant downturn at the moment. The results were helped by strong sales from its range of chocolates and confe...

Wed, 14 May 2008: Latvia’s economy takes a nose-dive, annual growth slows to 3.6 percent…

Expectedly, it also put government leaders on spin control alert. Considering economists agree that quarterly growth this year will continue to fall, it would appear that, despite official state...

Thu, 10 Jul 2003: Oil terminal pays dividends despite downturn…

Latvijas Unibanka financial analyst Arnis Malbergs said the decision to distribute dividends after three years of not doing so was good news from the prospect of market players, as it increased re...

Thu, 13 Feb 2003: Volvo back in black…

We do not expect a major recovery in North America during the first part of 2003, and Europe is likely to face a continued but not dramatic downturn." said Leif Johansson, Volvo's chief executive....

Thu, 13 Feb 2003: Snaige showboats on upbeat markets…

The Baltic Index finished the week up 2.77 percent at 179.68 points. In Tallinn, Norma and Merko Ehitus shed 1.63 percent and 0.36 percent respectively and were among the week's losers. The car sa...

Thu, 12 Aug 1999: Lithuania still leadsin Baltic markets…

Last week average daily turnover did increase by 20 percent, but only to $60,000.The chance of a significant rise in share prices in the near future remains remote thanks to continued poor macroe...
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