The European Bank for Reconstruction and Development (EBRD) is ready to acquire the minority stake at Parex banka, making an investment of EUR 100 million (LVL 70 million), Prime Minister Valdis ...

Citadele investors include former chairman of the U.S. Federal Reserve, Paul Volcker, and Egyptian billionaire Nassef Sawiris, informs LETA. As reported, the sale agreement was signed on November 5 ...

Over the first two quarters of the year 2008, the company Ragutis exported 168,000 liters of Fizz cider to Great Britain, 2.5 times more compared to January-June 2007. As of October 2008, cider is ...

According to a survey, which purpose was to clarify what eye color the people of Latvia have, turned out that the most common eye color among citizens of Latvia is bluish-grey. The research, which was ...

Dome Hotel & SPA team, represented by Jānis Pinnis and Rustems Hamitovs made their Chili Le Dome a winner at the 7th Annual Chili Cook-Off organized by the American Chamber of Commerce in Latvia ...

In the first half of this year 507,800 Lithuanian tourists went abroad. 55.5% of them were men and remaining 44.5% were women. Compared to the same period last year, the number of tourists going ...

Fourteen Lithuanian, Latvian and Estonian companies were included on the list of 500 largest Central and Eastern European enterprises, and only two companies ranked in the top 100, the Financial Times ...

The Latvian Association of Construction Engineers decided today to revoke certification for seven of its members connected to the Zolitude supermarket disaster, informs LETA/Nozare.lv. A leading ...

From June 1 the excise tax on tobacco products increased in Estonia by 43%, which will raise the price difference of cheap cigarettes with those sold in Russia to nearly six times. Last year, ...

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 Patriarch of Moscow and all Russia Kirill handed over the Order of Honour and Fame of the Russian Orthodox Church to mayor of Tallinn Edgar Savisaar on Wednesday in Moscow, for his contribution to ...

Latvian banker and businessman Valerijs Belokons, who is also the owner of English Premier League football club ''Blackpool'', is involved in a money laundering and corruption scandal in Kyrgyzstan, ...