Wed, 11 Jan 2012: Russians swarm Lithuanian malls and resorts…
Jan 11, 2012 Lithuania
What is a surprise is the Easterners’ increasing appetite for luxury items, marking the guests’ rebounding financial situation. Renata Jakubcioniene, a representative of Akropolis, t...Tags: Akropolis, Appetite, Crowd, Easterners, Financial Situation, Foreigners, Inflation, Kazakhstan, Litas, Luxury Items, Norway, Ordeal, Renata, Rsquo, Ruble Devaluation, Russia, Russians, Shoppers, Shopping Malls, Swarm
Thu, 22 Apr 2010: Sweden next in propping up Latvia…
Apr 22, 2010 Latvia
The money received so far has helped preserve the lats peg to the euro and reduce loan losses at Sweden’s Swedbank and SEB, the biggest banks in the Baltic region. Sweden’s loans wil...Tags: Baltic Region, Biggest Banks, Denmark, European Commission, Finland, Imf, Installments, Lats, Latvia, Loan Facility, Loan Losses, Loaning Money, Loans, Norway, Perce, Rsquo, Seb, Swedbank, Sweden
Thu, 17 Dec 2009: Tax assessment procedures - Room for improvement?…
Dec 17, 2009 Baltics
Clearly the state must collect taxes. But where the quantum of taxes payable is at issue, is care always taken in tax assessment? Take, for example, the case of a Latvian company seconding employe...Tags: Assessment Procedures, Double Taxation, Latvia, Latvian Company, Norway, Norwegian Government, Prevention, Protocol, Quantum, Secondment, Signatories, Tax Assessment, Tax Evasion, Taxes, Treaty States
Thu, 25 Sep 2008: Construction begins on new business park …
Sep 25, 2008 Baltics
"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...Tags: Airports, Arkitektur, Baltic News Service, Business Culture, Business Park, Business Parks, Construction Plan, Different Companies, Dnb, Europe, Griff, Inspiration, Latvia, Managing Director, New Business, Norway, Slew, Special Thanks, Subsidiary, Synergy
Thu, 3 Jul 2008: Piebalgs defends Nord Stream…
Jul 3, 2008 Baltics
Nord Stream would increase gas supplies by 55 billion cubic meters of gas a year. Does such a gas consumption change Europe's dependence on Russia strategically? No," he told Latvijas Avize in an ...Tags: Avize, Belarus, Cubic Meters, Dependence, Europe, Gas Resources, Gas Suppliers, Natural Gas Consumption, Norway, Pipeline, Poland, Russia, Yamal
Wed, 6 Feb 2008: Taking counsel - Introducing SEPA ’s the single euro payment area…
Feb 6, 2008 Baltics
The system will enable businesses, both large and small, to make payments to anyone located in Europe 's i.e., the EU27 plus Iceland, Liechtenstein, Norway and Switzerland 's using only a single b...Tags: Banking Systems, Banks, Cards Credit, Commercial Barriers, Consumers, Continent, Credit Card, Credit Transfers, Driven Initiative, Euro, Europe, Infrastructure, Infrastructures, Liechtenstein, Migration Period, Norway, Payment Cards, Payment Instruments, Sepa, Switzerland
Wed, 13 Jun 2007: Taking counsel: Has the time come for employee incentives in the Baltics…
Jun 13, 2007 Baltics
In France, almost 20 percent of large companies have share option plans. Profit-sharing schemes are mandatory for profitable companies with 50 employees or more, and are optional for others. Of co...Tags: Baltics, Complexities, Dilution, Employee Incentive, Employee Incentives, Employee Participation, Environment, Estonia, France, Ince, Incentive Plans, Latvia, Lithuania, Norway, Norwegian, Profit Sharing, Profitable Companies, Share Option, Share Valuation, Shareholders
Wed, 30 May 2007: U.S. firm buys regional paper…
May 30, 2007 Baltics
firm. "Soon renewed, revised and even more professional publications will reach our readers," he added. Panevezio Balsas' executives hope to strengthen their staff and do not rule out launching ...Tags: Acquisition, Celebrity Magazine, Conjunction, Dynamism, Estonia, Foreign Investment, Investors, Lietuvos Rytas, Lithuania, Lt, Magazines, Majority Stake, Norway, Professional Publications, Regional Paper, S Media, Schibsted, Subsidiary
Wed, 31 Jan 2007: Lukoil breaks into gasoline sector…
Jan 31, 2007 Baltics
The gas is high-quality, European-standard (Euro 4 and Euro 5) and will be sold at Lukoil's filling stations, Lukoil Baltija R said in a statement. Haim Kogan, chairman of Lukoil Baltija R, said ...Tags: Deliveries, Euro 4, Gasoline Products, High Quality, Lithuania, Lukoil, Mazeikiu Nafta, Metric Tons, Norway, Reliability, Statoil
Wed, 9 Aug 2006: Latvia, Estonia unfazed by Mazeikiai woes…
Aug 9, 2006 Latvia
There should be no problems of supply if the Mazeikiai plant comes to a standstill," he told a government press conference last week. The prime minister said the major Estonian fuel retailers had ...Tags: Canisters, Estonia, Fuel Price, Fuel Retailers, Fuel Tanker, Garages, Government Press, Latvia, Lithuania, Norway, Oil Supply, Prime Minister, Refinery, Russian Oil, Standstill, Train, Woes
Wed, 26 Jul 2006: GE mulling purchase of Latvian bank…
Jul 26, 2006 Latvia
In June of this year, Sweden's GE Money Bank registered in Latvia and joined the Latvian Commercial Banks' Association. Also, GE Money marketing director Girts Freibergs has said that opening a r...Tags: Assets, Association Marketing, Baltic, Co Owner, Commercial Banks, Consumer Finance, Denmark, Ge Money Bank, General Electric, Latvia, Marketing Director, Money Marketing, Norway, Representation Office, S Corporation, Sole Owner, Subsidiaries, Sweden, Trust Bank, Universal Bank
Wed, 24 May 2006: Lithuanian gasoline losing ground in Latvia to Norwegian competition…
May 24, 2006 Latvia
At the same time the share of Norway-produced gasoline soared to 52 percent from 9 percent. Latvia's Norwegian gasoline imports totaled 76.3 million liters in the reporting period, compared with 6...Tags: Gas Stations, Gasoline, Latvia, Liters, Losing Ground, Marine Terminal, Mazeikiu Nafta, Measures, Norway, Norwegian, Plunge, Statoil, Traders Association
Wed, 1 Mar 2006: Latvia leads in new bank cards…
Mar 1, 2006 Latvia
According to First Data Latvia information, at the end of 2005 there were 1.06 bank cards per capita in Estonia (up from 0.97 a year ago), 0.7 in Latvia (up from 0.57) and 0.82 in Lithuania (up fr...Tags: Baltic States, Bank Cards, Capita, Denmark, Estonia, Finland, First Data, Latvia, Leads, Lithuania, Norway, Payment Cards, Scandinavia, Sweden
Wed, 14 Dec 2005: Snaige undergoes shareholder shift…
Dec 14, 2005 Baltics
Now we repaid the debt and settled the accounts," explained Darius Janulevicius, Hermis Capital co-owner and CEO. Hermis Capital retained approximately 1 percent of Snaige, while Survesta, which w...Tags: Capital Co, Ceo, Co Owner, Darius, Electronics Company, Hermis, Investments, Litas, Norway, Oil And Gas, Oil And Gas Industry, Oil Gas, Russia, Shareholder, Shareholders, Snaige, Suris
Wed, 26 Oct 2005: Latvijas Balzams wins lucrative Norwegian tender…
Oct 26, 2005 Baltics
Company managers were set to release more detailed information about this contract and the company's exports at a news conference on Oct. 26. Norway possesses some of the most expensive retail pri...Tags: Alcohol, Beverages, Company Managers, Lats, Lithuanian State, Momentum, News Conference, Norway, Norwegian, Norwegians, Regional Court, Retail Prices, Sweden, Turnover, Victory, Wins
Wed, 28 Sep 2005: Statoil to diversify gas supllies…
Sep 28, 2005 Baltics
"The company is already planning to increase supplies from Scandinavia in the near future," he said. Ulmanis added that Statoil Latvija, which is owned by Norway's Statoil, is buying diesel fuel m...Tags: Blums, Diesel Fuel, Diversity, Global Trend, Government Officials, Latvija, Nafta, Norway, Punitive Damages, Refinery, Retail Prices, S Trading, Scandinavia, Statoil
Wed, 31 Aug 2005: Misleading potato-chip ad results in fine…
Aug 31, 2005 Baltics
Market research showed the market share of Lay's chips in Latvia is some 30 percent and not 60 percent as suggested by the ad. Latvian Snack representative Gunita Ellere told the Baltic News Servi...Tags: Apb, Baltic News Service, Chips, Consumer Choice, Earnings, Eesti, Finland, Gunita, Lats, Latvia, Market Research, Market Share, Norway, Pepsico, Potato Chip, Russ, Slogan, Snack, Sweden Denmark
Wed, 30 Mar 2005: Latvia to get a liquefied gas terminal…
Mar 30, 2005 Latvia
There are no bureaucratic political obstacles there," Savickas said. He explained that the company has been considering the project since learning that natural gas consumption in Latvia and neighb...Tags: Gas Pipeline, Latvia, Latvija, Liquefied Gas, Modern Technology, Natural Gas Consumption, Neighboring Countries, Norway, Political Obstacles, Russia, Transformation, Underground Gas
Wed, 9 Feb 2005: Baltic bus repair outfit eyes Scandinavia…
Feb 9, 2005 Baltics
"We wish to conclude at least one-year agreements with four Nordic bus companies to ensure stability in this new business area," Osula said. A couple of years ago Sebe created globally standardize...Tags: Baltic, Bus Companies, Bus Repair, Buses, Business Area, Denmark, Feb 2005, Finland, Fleet, Intercity Lines, Latvia, Netbus, New Business, Nordic, Norway, Osula, Scandinavia, St Petersburg, Turnover
Wed, 12 Jan 2005: Development leaders assess Latvia’s future…
Jan 12, 2005 Latvia
One of those strengths is the country's skilled, polyglot workforce. "Latvian workers have a high level of education and motivation and are able to react quickly to their clients' changing needs,"...Tags: Businessman, Development Leaders, Education, German Office, High Quality, Hour And A Half, Jan 2005, Language Skills, Latvia, Lida, Motivation, Norway, Quality Employers, Workforce
Thu, 27 Nov 2003: EU to hit U.S.A. with sanctions if WTO ignored…
Nov 27, 2003 Baltics
6, five days after the WTO officially adopts a ruling against U.S. steel tariffs, unless Washington complies with the decision."We will take action five days after the adoption of the ruling on De...Tags: Adoption, Bloc, Brazil, China Japan, Dispute Settlement Body, Geneva, New Zealand, Norway, Sanctions, South Korea, Spokesperson, Steel Imports, Steel Tariffs, Switzerland, Tribunal, World Trade Organization, Wto Member States
Thu, 1 May 2003: SAS slow to adopt U.S. terrorism rules…
May 1, 2003 Baltics
11, 2001, attacks, the European Union negotiated an agreement with Washington under which information on religion, health or ethnicity would not be handed over.But concerns remain that information...Tags: Air France, Airline, British Airways, Compatibility, Denmark, Ethnic Lines, European Union, Halal Food, Iberia, Information Requirements, Kosher Meal, Lufthansa, Meal Choices, Muslims, Norway, Religion, Sas, Sweden, Terrorism Attacks, Thorne
Thu, 20 Mar 2003: Mazeikiu Nafta eyes wholesale sales expansion…
Mar 20, 2003 Baltics
"We do not have any retail sale plans in Estonia, and I was very much surprised when I heard about this via the Estonian press," said Sarunas Kliokys, development director of the firm. "Maybe some...Tags: Baltic Area, Belarus, Countr, Development Director, Distribution Depot, Estonian Press, Finland, Gasoline, Market Share, Mazeikiu Nafta, Neighborhood, Norway, Poland, Presence, Refineries, Russia, Wholesale, Wholesale Firms, Wholesale Sales