Wed, 16 Feb 2011: EU pressured by Gazprom monopoly…

8-9, Lithuanian Prime Minister Andrius Kubilius and Energy Minister Arvydas Sekmokas called for Gazprom’s top representatives and the CEO to resign from Lithuania’s gas trading and ope...

Wed, 15 Aug 2007: Ukrainians snap up troubled bank…

He refused to divulge the new shareholders' names. "Now we are rich and happy people," Savickis said. He told the Telegraf, a Russian language daily, that the stake fetched a good price and the...

Wed, 29 Mar 2006: Parex sees bottom line soar…

In the past the bank's president, Valery Kargin, has deflected criticism by saying that asset-growth wasn't an end in itself and that the bank's goal was to boost profitability and increase share...

Wed, 8 Jun 2005: European investors snap up Parex eurobonds…

The road show for the offering took place two months ago, but the actual placement had been postponed due to unfavorable conditions on international bond markets. Once prices for debt picked up, P...

Thu, 4 Dec 2003: Ethnic Russians in Latvia hold own in business…

Among Latvia's wealthiest are Valery Kargin and Viktor Krasovitsky, chief shareholders in Parex Bank, one of the largest and most profitable banks in the Baltic nation. Yevgeny Gomberg, a successf...

Thu, 23 Oct 2003: Banking briefs…

15, and the price per share will be higher than that of the previous emission, or 2.10 per share. According to a bank statement, this will be the last emission for a while, or at least until Parex...

Thu, 13 Feb 2003: Kremlin, oil magnates clash over pipeline control…

If the oil companies cannot export they will have to cut production," Valery Nesterov of Troika Dialog Bank said.However, Transneft has so far been lagging in taking the technical measures needed ...

Thu, 21 Oct 1999: Latvia’s interbank rates rise…

13 and 8.57 percent on Oct. 13. It could be the demand for capital, said Andris Berzins, president of Unibanka."When we need more money to reactivate our economy, it is normal," he said. "The poli...
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