Thu, 21 May 2009: Crude oil company to blend fuel…

VNT provides storage, transshipment and transit services including acceptance of crude oil and gas oil through pipelines, as well as acceptance of motor gasoline and other petroleum product cargo...

Wed, 14 Jan 2009: FlyLAL sold to Swiss holding company …

23. FlyLAL intends to cooperate with Vilnius Airport, to which it owes about 20 million litas, based on a short-term agreement by that date. The Swiss investment fund is taking FlyLAL over as a st...

Wed, 2 Aug 2006: Snoras chiefs after majority stake…

Consideration of the application was postponed, with central bank officials saying they needed to study documents submitted. Luxembourg-registered Conversgroup Holding Company is Snoras' single l...

Wed, 5 Jul 2006: Hermis goes on buying spree, acquires Norwegian holding company…

Hermis Capital has applied for regulatory approval to buy a 50 percent stake in Latvia's Investiciju Uznemums and manage the company jointly with Ranga Group, another Lithuanian firm. Hermis Ca...

Wed, 22 Mar 2006: Snoras acquires two Russian banks…

The Lithuanian bank is also negotiating the purchase of a controlling interest in Cypriot Universal Bank or another unnamed bank, and is searching for possible acquisition targets in Estonia and ...

Wed, 15 Jun 2005: Tallin bourse lists Starman shares…

The company also announced that its chairman was increasing his holding by buying 3 percent of outstanding stock via the Com Holding company. The chairman's stake will increase from 14.8 to 17.8 p...

Wed, 4 May 2005: Minister: railroad best run as concern…

He said that the move would help avoid cross-subsidizing passenger transportation from cargo transportation revenues and separate infrastructure maintenance from other operations as required by th...

Wed, 19 Jan 2005: Juice maker unveils ambitious plans…

The plant could easily double output, which currently stands at 90 million liters per year. If all goes as Laukkanen foresees, the producer could satisfy the annual juice demand for the entire Bal...

Thu, 23 Oct 2003: Banking briefs…

15, and the price per share will be higher than that of the previous emission, or 2.10 per share. According to a bank statement, this will be the last emission for a while, or at least until Parex...

Thu, 28 Oct 1999: Ice-cream makers seek double dip…

Currently, Tallinna Kulmhoone controls 60 percent of the Estonian market for ice cream and Kauno Pieno Centras has 20 percent of the market in Lithuania, according to the statement. The Estonian c...

Thu, 4 Mar 1999: Phone tariff increase not justified…

The commission undertook March 1 to further evaluate Tilt's performance to terms of the umbrella agreement. Ingrida Udre, chairwoman, said that the parliamentary commission could give recommendati...

Thu, 14 Jan 1999: Parex bank eyes southern neighboring market …

Parex is not satisfied with 50 percent of shares and wants to buy the whole bank, said the paper.Last year, Industrial bank failed to increase its share capital from 27 million litas ($5.1 million...

Thu, 8 Oct 1998: Swedes build Estonian plant…

Here we found the lowest production costs." The other five contenders were Latvia, Lithuania, Poland, the Czech Republic and Hungary. The Swedish company is planning to invest 25 million kroons ($...

Thu, 27 Aug 1998: Norwegians acquire Postimees’ shares…

Postimees Board Chairman Mart Kadastik called Tonisson's decision to sell the shares to Schibsted "a responsible step made at the right time." "We have been holding negotiations since last Decembe...
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