Wed, 1 Jun 2011: Swedbank working to build trust…

Being as close to them as possible and developing mutual trust is more important than trying to increase the bank’s market share, said Wolf. Besides, the bank’s new relationship stra...

Thu, 10 Jun 2010: Good sailing for ferry operators…

During peak season the ships are not usually short of passengers. In the months of May and June, slightly more reservations have been made compared with a year ago, competitor Viking Line announc...

Wed, 12 May 2010: Supply overhang creates buyer’s market…

Today’s economic situation has also affected the cost of labor and of building materials – both have fallen substantially. So building continues, and recent and cheaper-built propertie...

Wed, 10 Sep 2008: Slesers: Riga Airport to save economy …

"Tourism, in a time of crisis when we think how to increase revenues, could be the answer so many are expecting 's how to survive the crisis in Latvia. The aviation industry will be Latvia's cha...

Wed, 9 Jan 2008: New car market most dynamic in Lithuania…

Estonia's market expanded at the slowest pace, or up 22 percent to 35,400 cars, putting the country in second place overall. Across the Baltic countries, new car registrations increased by 29 perc...

Wed, 24 Oct 2007: Latvia looking to refinance public debt…

"We are carefully analyzing the situation, which is not unambiguous due to the U.S. market problem," he said. He emphasized that the Eurobond issue, for Latvia, is a necessity. "The problem is t...

Wed, 19 Sep 2007: FlyLAL chafes at airBaltic’s market dominance…

"We calculated that these dishonest actions by our competitors could have cost us up to 5 million litas in lost revenue." Puksta said that flyLAL, which is owned by three private Lithuanian comp...

Wed, 22 Aug 2007: Tallink to contest order banning smoking on ships…

17 to start implementing the ban on smoking in its ship bars and discotheques. The injunction was issued after an inspection on board Tallink's ships had established that although smoking in ship ...

Wed, 22 Aug 2007: Cabinet endorses more discounts for air carriers…

Last year the airport saw 2.5 million passengers pass through its gates, a 32.9 percent increase from 2005. From January to July, airBaltic, the state-owned carrier controlled by Scandinavia's SAS...

Wed, 18 Oct 2006: GE Money buys Baltic Trust Bank…

GE's choice demonstrates a level of high interest and the meaningful development of Latvia's market. In my opinion, the Bank and its clients will secure large growth opportunities with this deal,"...

Thu, 7 Sep 2006: Polish firms eye booming Lithuanian construction market…

"Our companies will face problems. Competition is becoming harsher. While we're losing labor, our neighboring rivals are managing to find workers 's since Poland is so large," Matukiene said. In ...

Wed, 31 May 2006: Taking counsel: Redefining the concept of dominance in Latvia…

Latvian competition law currently states that for a company to be found in a dominant position the market share of that company must be at least 40 percent and that the company must be capable of ...

Wed, 14 Dec 2005: Tallink stock trades publicly, CEO Pant awaits Riga route…

But the Tallinn Stock Exchange listing for Tallink, the Baltics' largest passenger ferry, breathed yet more life into Baltic equity markets, which lost their most liquid stock, Hansapank, earlier ...

Wed, 17 Aug 2005: Snoras bids for Austian bank…

He added that the information was leaked to the daily.Snoras officials neither confirmed nor denied the report. "This might be true; however, I cannot comment anything as I have signed a confident...

Wed, 27 Apr 2005: Lithuanian farms become investment attraction…

"The first year of EU membership has proved, however, that Lithuania's agricultural producers may compete on the EU market successfully and investments into this sector are worthwhile," he stresse...

Thu, 6 Jan 2005: Latvia could see more IT action…

However, not everyone agreed. Andris Anspoks, Latvia's IT and Telecommunications Association vice president, doubted the prediction, saying "all who wanted to be present on the Latvian market have...

Thu, 7 Aug 2003: In Brief - 2003-08-07…

The initial price of a 91.95 percent stake in Stumbras has been pegged at 107 million litas, or 3.92 litas per share. The 50 percent premium offered by the highest bidder demonstrates the potentia...

Thu, 20 Feb 2003: Modernization paying off in Klaipeda…

Yukos is already operating the Lithuanian crude oil refining and transportation complex Mazeikiu Nafta (Mazeikiai Oil) and could become the main exporter of crude oil through the Klaipeda terminal...

Thu, 23 Jan 2003: Lithuanian dairies accused of dumping…

The maximal term for the penalties - described as "temporary protection measures" - is six months. Tsuja said a decision on whether permanent protection measures were to be imposed would be made i...

Thu, 9 Dec 1999: Baltic bourses: two steps toward consolidation…

The Tallinn Stock Exchange proposes to include five companies - Telecom, Hansapank, Uhispank, Optiva Bank and Norma.The Riga bourse proposes to include Balta, Latvijas Gaze, Unibanka and Ventspils...

Thu, 28 Oct 1999: FALLING PRICES AND LOW TURNOVER HAUNT BALTIC BOURSES…

Publication of three-quarter results changed share prices little except for renewing interest in Valmieras Stikla Skiedra fiberglass factory. But Valmieras SS will be unable to pull the market up ...

Thu, 20 May 1999: Comparison between Baltic bourses easier to do…

Share turnover, the volume of an issue, capitalization and modifications regarding dividends are not incorporated into index calculations.Share inclusion into the index base is administered under ...

Thu, 4 Mar 1999: Latvia ready for extreme measures: Government may slap price floor on Lit…

The last joint committee meeting Feb. 17 brought little change to the situation.This time the Latvian government is playing tough. It ordered the Finance and Agriculture ministries to prepare a dr...
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