Viciunu Grupe (Viciunai Group), a business group controlled by Visvaldas Matijosaitis, mayor of Lithuania's second-largest city of Kaunas, has established a sales company, Vichiunai Sakartvelo, in the ...

This is it, my friends! It happened! We finally found someone willing to take over and continue our business. In the year of our 25th anniversary, in June – precisely the month the first ever issue of ...

The Corruption Prevention Bureau of Latvia has finally confirmed that a case has been opened on crimes that several state officials may have committed, which involve money laundering, misuse of power, ...

Joint-stock Latvijas Gaze does not object to the break-up of the company, but this must take place within a ''reasonable'' period of time, LG board chairman Aigars Kalvitis said during a Saeima ...

In 2008, the sales of the biotechnology and cosmetic products company BIOK Laboratorija reached 11.6 million litas (3.338 million euros), an increase of 22.4% year-on-year. The most successful period ...

1 July, councilmen from the recently-elected Riga City Council voted in Nils Usakovs (Harmony Center) as Riga mayor. 37 councilmen voted for Usakovs, whilst 21 city councilmen voted for the other ...

The temporary residence permit ban on Russian citizens will cause huge losses for the economy and construction industry of Latvia, facilitating further emigration, CEO of AB Build Andris Bojars told ...

Latvia's letter of intent, signed with the International Monetary Fund on July 27 in 2009, has been published on the Finance Ministry's Website today. Tomorrow, the Finance Ministry will submit for ...

For the first time, Riga International Airport has been included on the list of the world's TOP100 busiest airlines, compiled by the aviation market research and analysis magazine OAG Aviation ...

Prime Minister of Lithuania Andrius Kubilius confirmed that British bank Barclays is getting ready to invest in Lithuania. "It seems that an agreement with one of the biggest world banks Barclays on ...

Six rescuers suffered injuries in the extinguishing work of a major fire that broke out Tuesday afternoon (June 9th) in the Molycorp Silmet AS chemicals industry in Sillamäe, North East Estonia, ...

More Finnish companies are about to move operations to Estonia, a news portal BBN reports referring to Yle. There are approximately 4,000 Finnish companies, which actively operate in Estonia attracted ...