Thu, 21 Apr 2011: Praise for Estonia but work remains…
Apr 21, 2011 Baltics
He said that Estonia is doing well, and that economic growth focused on exports is rather good. He considered domestic investment strong and said that the recovery of the economy is quite wide-bas...Tags: Ceilings, Discipline, Domestic Investment, Economic Cooperation, Economic Cycle, Economic Growth, Economy, Estonia, Expenditure Limits, Oecd, Organization For Economic Cooperation And Development, Public Expenditure, Surpluses, Upswing, Watchdog
Fri, 19 Dec 2008: Kubilius threatens to sack Leo LT management…
Dec 19, 2008 Baltics
If the administration of such business disagrees with that, shareholders have to decide what to do with the administration. It is not for the administration to decide what to do with shareholders,...Tags: Ceo, Energija, Energy Companies, Evaluations, Fri, Journalists, Leo, Lt, Minority Shareholder, Shareholders, Stake, Watchdog
Wed, 6 Aug 2008: Gazprom sues over contract dispute …
Aug 6, 2008 Baltics
That agreement stipulates that the heating price shall remain basically unchanged during the first five years of its term, and shall be recalculated afterwards in accordance with the formula set...Tags: Antanas, Ceo, Contract Agreement, Contract Dispute, First Five Years, Gazprom, Kte, Methodology, Price Determination, Watchdog
Wed, 28 Mar 2007: Latvian fuel market dominated by oligopoly: report…
Mar 28, 2007 Latvia
In recent years the Competition Council has dogged fuel retailers, particularly after the sharp rise in prices at the pump two years ago. Government ministers have repeatedly turned to the counci...Tags: Competition Council, Decisions, Fuel Market, Fuel Prices, Fuel Retailers, Government Ministers, Latvians, Lukoil, Market Leaders, Neste, Price Gouging, Statoil, Transparent, Watchdog
Wed, 11 Jan 2006: Two Latvian banks placed under anti-laundering monitoring…
Jan 11, 2006 Latvia
Officials from the commission said that in some cases flaws have been found in the control of business deals of several mutually linked clients. The bank watchdog said that banks had insufficient ...Tags: Bank Transactions, Business Deals, Latvian Banks, Latvian Prosecutor, Money, Prosecutor General, Watchdog
Wed, 15 Jun 2005: SEB buys majore life insurer…
Jun 15, 2005 Baltics
Codan and Balta are part of Royal & Sun Alliance, one of the world's largest insurance groups.SEB Unibanka President Viesturs Neimanis was quoted in a press release as saying that "by adding Balta...Tags: Acquisition, Alliance One, Asset Management, Balta, Baltic Countries, Business Building, Business Opportunity, Capital Markets, Codan, Competence, Insurance Groups, Largest Insurance, Latvia, Life Insurance Business, Life Insurer, Market Share, Press Release, Royal Sun Alliance, Seb, Watchdog
Wed, 4 May 2005: Potato chips nailed for improper gambling…
May 4, 2005 Baltics
"Both chips distributors did not observe these rules," Priede told the Baltic News Service. According to the watchdog's ruling, violations have been found in the lottery organized by Estrella dist...Tags: Administrative Fines, Advertisements, Authorities, Baltic News Service, Earnings, Gambling Chips, Kraft Foods, Lats, Latvia, Latvija, Lietuva, Lotteries, Lottery, Organizers, Potato Chips, Snacks, Turnover, Watchdog
Wed, 6 Apr 2005: Ryanair cleared of competition charges…
Apr 6, 2005 Baltics
23. The airliner promised pilots an opportunity to work for the "number one low-costs airline in Europe" and number one flier in terms of profit. The advertisement said the pilot recruitment day w...Tags: Advertisement, Airline, Airliner, Bribery, Carrier, Competition Council, Europe, Flier, Latvian Pilots, Norms, Pilot Recruitment, Recruitment Day, Ryanair, Skilled Employees, Watchdog