Wed, 17 Aug 2011: Money floods building sector…
Aug 17, 2011 Baltics
“Deadlines are too short, the whole project could be stretched over 3-4 years, then the sums of money would be spread more evenly,” said Lagus. The CO2 money is not distributed to th...Tags: Boom, Co2, Construction Market, Floods, Insulation Solutions, Manag, Period Of Time, Profession, Real Estate Co, Sphere, Spheres, State Real Estate, Sums Of Money, Thermal Insulation, Time Prices, Ventilation, Workforce
Wed, 3 Aug 2011: Fast loans back in fashion…
Aug 3, 2011 Baltics
The other group includes people who have lost their job or their source of income, and are unable to repay their loans for a lengthy period of time. The third group includes those who borrow with...Tags: Accruals, Consequences, Delinquent Borrowers, Fashion, Fast Loans, Group Accounts, Interest Penalties, Interest Penalty, Job, Lats, Lengthy Period, Money, People, Period Of Time, Principal Loan, Second Group, Simanis, Third Group, Three Months
Wed, 29 Sep 2010: Lido seeks bankruptcy protection…
Sep 29, 2010 Baltics
During this period of time the company has become one of the symbols of Latvia, and like all of us, has experienced good and bad times,” indicated Lido owner and director, Gunars Kirsons. Ki...Tags: Annual Report, Bankruptcy Protection, Creditor, Insolvency, Latvia, Latvians, Lido, Many Generations, Nord Bank, Period Of Time, Riga
Thu, 17 Sep 2009: Pan-Baltic airline talks again on the table…
Sep 17, 2009 Baltics
The overcharge was colossal because we use around 110,000 tons of fuel annually; its cost amounts to approximately 80 million lats." He added that the airline is poised to earn a profit this year....Tags: Airline Passengers, Baltic, Flick, Gross Domestic Product, Half Years, Innovation, Internet Travel Agency, Lats, Latvia, Period Of Time, Radical Reforms, Short Period, Time One, Transit Passengers, Travel Agenc
Wed, 19 Aug 2009: Taking Counsel: European Trends and Perspectives in the Regulation of Pr…
Aug 19, 2009 Baltics
A debtor, after the lapse of the prescription period, is entitled to refuse to perform an obligation, and if he does so, a creditor loses his right to demand performance; consequently, the latter ...Tags: Argumentation, Creditor, Debtor, European Trends, Legal Facts, Obligation, Period Of Time, Perspectives, Sleep, Unreasonable Delay
Wed, 4 Mar 2009: Taking Counsel: Termination of board members…
Mar 4, 2009 Baltics
It is the Labor Law that by default governs the terms of such an agreement. For this reason, an employment agreement with a board member may include a probation period of three months, giving the ...Tags: Articles Of Association, Board Member, Board Members, Employment Agreement, Labor Law, Period Of Time, Probation Period, Section 44, Shareholder, Subsection, Three Months
Wed, 9 Apr 2008: Struggling Snaige offers convertible bonds…
Apr 9, 2008 Baltics
Convertible bonds are a hybrid security combining features of both equity and debt. The provide fixed income for a period of time 's usually at a rate lower than what the debt market offers 's bu...Tags: Common Stock, Convertible Bonds, Convertibles, Corporate Stock, Debt Market, Litas, No Doubt, Period Of Time, Prospectus, Share Value, Snaige, Term Debt
Wed, 17 May 2006: LAL may scratch FlyMe deal…
May 17, 2006 Baltics
"Therefore, we do not rule out canceling the negotiation agreement and putting the negotiations on hold for an indefinite period of time, unless the Swedes agree to improve the terms of their offe...Tags: Acquisition, Air Car, Airline, Europe, Financial Investor, Indefinite Period, Intention, Investment Management, Lal, Lithuanian Airlines, Negotiation Agreement, Negotiations, Percent Stake, Period Of Time, Sole Owner, Swedes
Wed, 2 Nov 2005: Cabinet gives green light to oil terminal sale …
Nov 2, 2005 Baltics
Bidders will be informed that all the state-owned shares are being sold within a set period of time, which could either be over one or several days, officials from the Privatization Agency explain...Tags: Bidders, Dividend Income, Investors, Majority Owners, Oil Terminal, Period Of Time, Pipeline, Private Owners, Privatization Agency, Proposal, Russia, Stake, Ventspils Nafta
Wed, 2 Nov 2005: Talking tax…
Nov 2, 2005 Baltics
A group of foreign investors set up a joint venture with a local party in Lithuania. The JV is partly capitalized but also highly debt-financed. Interest on these loans is due under normal conditi...Tags: Foreign Investors, Joint Venture, Jv, Loans, Minimum Period, Period Of Time, Point In Time, Proportionate Share, Share Capital
Wed, 15 Jun 2005: Issues to consider in cross-border employment…
Jun 15, 2005 Baltics
However, the work performed by that employee is, for a limited period of time, in another country for another company or enterprise. Such situations are known as "posting of workers." Since the em...Tags: Contractual Obligations, Cross Border, Employment Cases, Employment Contract, General Provisions, Labor Law, Latvia, Law Employment, Period Of Time, Rome Convention
Thu, 23 Oct 2003: Port, Neste litigation continues…
Oct 23, 2003 Baltics
According to the port, Neste was not complying with its obligations pursuant to the agreement on the minimal amount of oil to be shipped.However, the case currently at the Riga International Arbit...Tags: Arbitrator, Arta, Indefinite Period, International Arbitration Court, Litigation, Neste, Period Of Time, Port Management, Proposal, Riga
Thu, 16 Jan 2003: Rumors force run on Vilnius Bank…
Jan 16, 2003 Lithuania
"I would be happy if I knew what had caused the rumors, but quite simply, I do not," Julius Niedvaras, president of Vilniaus Bankas, told The Baltic Times.Regardless of the source, it is clear tha...Tags: Baltic Times, Budget, Business Daily, Fears, Finance Committee, Finance Editor, Long Time, Parliament, Period Of Time, Public Statements, Seimas, Verslo Zinios, Vilniaus Bankas
Thu, 15 Oct 1998: Fate unknown for eight Estonian funds…
Oct 15, 1998 Estonia
Marek Magi, head of the Securities Inspectorate, said the funds were managed well and the objective now is to make them work normally. Out of 23 Estonian funds, five are under the liquidation proc...Tags: Buying And Selling Shares, Fate, Inspectorate, Kroons, Liquidation, Liquidity, Magi, Money, Moratorium, Objective, Period Of Time, Principle, Russian Market, Shareholders
Thu, 1 Oct 1998: Russian oil pours through Estonia…
Oct 1, 1998 Estonia
Estonian Railway is now carrying between 25 and 27 trains per day. Previously, they were averaging 20 to 22 trains per day. "And then we considered it to be a very good week," said Liia Rakson, pu...Tags: Estonia, Estonian Railways, Investments, Long Periods, Oil Exports, Period Of Time, Public Relations Manager, Railway, Russia, Russian Oil, Russians, Trains