Wed, 4 Jan 2012: Big growth in passenger numbers at Vilnius airport…

Tomas Vaisvila, managing director of Vilnius International Airport, stated that his airport was among the European airports with the fastest growth in passenger flows. “We chose the right d...

Thu, 20 Jan 2011: BaltCap buys infrastructure group…

The company has already made its first steps in Poland and is evaluating the possibilities to enter the market in Latvia and Belarus. “We believe that with BaltCap’s financial backing,...

Thu, 22 Apr 2010: Lithuania enjoys FDI flows…

By country, projects were Russian (seven projects), Finnish (five projects), Norwegian and U.S. (four each), as well as the UK (three projects) companies. Managing Director of Invest Lithuania M...

Thu, 22 Oct 2009: Poll reveals conflicting signals…

"W e held such a poll in June this year, too. The result this time is a bit surprising, since wage expectations have increased, rather than decreased," said CV Keskus managing director Paavo Heil...

Wed, 23 Sep 2009: Asset sales get under way…

Forest management company AS Fest-Forest's manager Toomas Kams said that the state chose a risky path by selling small pieces of land, one by one, to individuals because more time is needed to se...

Thu, 21 May 2009: McDonalds opens first new restaurant in 10 years…

We will in fact be rolling out more new stores, McCafe's and remodels across the region in 2009, making this is a truly exciting year for our organization," said Melo Hili, Managing Director of Ba...

Wed, 8 Apr 2009: Prisma storming Lithuania…

Prisma has been very successful in Finland and Estonia," said Anu Huuska, Managing Director of Prisma LT. "I think this is a good time to introduce Prisma hypermarket to Lithuanian customers, beca...

Wed, 26 Nov 2008: IMF ready to help with funds …

Accordingly, the Latvian authorities have asked IMF, together with the European Union, to provide technical and financial support," said IMF Managing Director Dominique Strauss-Kahn in a press rel...

Thu, 25 Sep 2008: Construction begins on new business park …

"Business parks next to airports are growing rapidly across Europe, and Latvia's case is special thanks to the ideal synergy of location and business culture. We are investing, because we believ...

Wed, 11 Jun 2008: Report: SEB sends in debt collectors…

Quarterly profit plunged to 57 million kroons as a result. The SEB team, according to the paper, is already at work in Tallinn and is not showing much leniency toward businessmen. Annika Falkenb...

Thu, 22 May 2008: Real estate agents caution against state’s planned property sales…

The problem is what price they are willing to pay. "There are more and more real estate developers and even speculators with no history of activity in the Baltic countries coming to look at our m...

Wed, 4 Jul 2007: Major Finnish real estate group Realia to buy Ober-Haus…

"We have built a great company and have great employee loyalty, and teaming up with Realia Group and their financial shareholders will help the business expand into other markets and grow. Realia...

Wed, 9 May 2007: Nord Stream executives meet with Parts…

Germany and Russia announced the 4 billion euro natural gas pipeline in 2005. The project was impugned by several EU member states, including Poland, Sweden and the Baltics, who blasted then Germ...

Wed, 4 Apr 2007: Estonian venture capitalists acquire two Latvian companies in one week, e…

The following day the company announced that it acquired 100 percent of Graanul Invest, the largest biofuel development company in the Baltics. Both acquisitions underscore an increasingly aggres...

Wed, 11 Oct 2006: VP Market profits still on the rise…

Six new Maxima supermarkets were opened this year in Latvia, three in Riga, and one in Valmiera, Jelgava and Ventspils. The company plans on launching another five to seven stores in Latvia by the...

Wed, 12 Jul 2006: Icelandic air carrier buys Latcharter…

Furthermore, the company has gained extensive knowledge of the CIS market, which we will undoubtedly benefit from in the near future, opening the window for our current product line," said managin...

Wed, 11 May 2005: Minister Savisaar appoints advisor, weighs ferry link, sell-offs…

Spacecom is a Russia-owned transit operator that has locked horns with Estonian Railway over transit and infrastructure fees. Its CEO, Oleg Osinovsky, was recently detained by police on suspicion ...

Wed, 16 Mar 2005: Hansabank acquires Moscow’s Kvest…

dollars (2.5 million euros) for 100 percent of Kvest bank's shares," Hansabank said in a release on March 11. Indrek Neivelt, CEO of Hansabank Group, said the acquisition process was started half ...

Wed, 9 Mar 2005: Swedbank offer may be too sweet to pass up…

"If at all possible, the shares should be kept," he said. Meerits cited the housing loans market as an example of why Hansabank was set to develop rapidly. Estonian housing loans account for 21 pe...

Wed, 9 Feb 2005: Snaige appoints new manager for Kaliningrad…

Giedrius Barysas, Snaige's board chairman, commented that the company, the only producer of refrigerators in the Baltics, had been looking for a new managing director for the plant, which is 85 pe...

Thu, 11 Dec 2003: No tax breaks for Tallink come EU accession…

8 shareholders approved the company's financial results and elected Sunil Nair, managing director of CVC International, a representative of Citigroup Global Investments, to the supervisory board. ...

Thu, 28 Aug 2003: Nordic booze markets facing major changes…

The Federation ofthe Finnish Brewing and Soft Drinks Industry claimed that only a very largecut would significantly reduce the incentive to travel to Estonia to getbeer, where prices are 20 percen...

Thu, 21 Aug 2003: Repse: forget the paper, give us clean pulp…

13, Repse said that the ecological aspect of the project – called Baltic Pulp – should receive the most attention. "I understand that Latvia must insist that the mill use nonchlorine technologies....
?php get_sidebar(); ?>