Wed, 18 May 2011: Tax cheating grows…
May 18, 2011 Baltics
14.6 percent of Latvian businesses concealed the number of their employees last year, compared to 9.7 percent of Estonian businesses, and 7.9 percent of Lithuanian businesses. 35.5 percent of com...Tags: Bribes, Budget, Consolidation, Food Enterprises, Gray Market, Lats, Latvia, Lithuanian, Market Statistics, Measures, Rsquo, Salaries, Shadow Economy, Tens
Wed, 28 Apr 2010: Latvia attractive to foreign investment…
Apr 28, 2010 Latvia
company is planning a global service center for Latvia. It totals several tens of millions of euros in investment creating several hundred new jobs. This would be a service center, employing sever...Tags: Asia, Business Activities, Euros, Financial Accounting, Foreign Investment, Global Service Center, India, Investment Company, Investment Planning, Investors, Latvia, New Jobs, Shore Business, Support Functions, Telephone Services, Tens
Wed, 19 Nov 2008: Parex Bank posts losses “tens of millions” …
Nov 19, 2008 Baltics
We still have to work with non-residents," he said. The bank, which is poised to be taken over by the Latvian government, will continue functioning and even reports new accounts being opened. FKTK...Tags: Bank Shareholders, Finance Ministry, Latvian Government, Loan Providers, Loan Repayment, Losses, Maturity, Members, Negotiations, New Accounts, Non Residents, Parex Bank, Syndicate, Syndicated Loans, Tens
Wed, 3 Oct 2007: Mazeikiai refinery woes deepen on all fronts…
Oct 3, 2007 Baltics
26, said the amount of lost revenue would in the end add up to tens of millions of litas. Sadzius did not provide exact figures, but other Finance Ministry officials have said that they have red...Tags: Exact Figures, Finance Ministry Officials, Late September, Mazeikiai, Nafta, Pkn Orlen, Poland, Profit Tax, Refinery, Six Weeks, Tax Payments, Tens, Woes
Thu, 10 Jul 2003: Controversial housing project finally purchased…
Jul 10, 2003 Baltics
The developer had been hoping to lure business executives, foreign embassies and others with top-shelf conveniences and even a private harbor for the local inhabitants. Heavy security measures, in...Tags: Business Executives, Cash Shortages, Conveniences, Developer, Financial Troubles, Foreign Embassies, Heavy Security, Housing Project, Inhabitants, Insolvency, Outer Perimeter, Perimeter Fence, Private Harbor, Security Measures, Square Meter, Surveillance Cameras, Tens, Top Shelf, Vacancies