Date: 16.03.2017.

International Internet Magazine. Baltic States news & analytics Sunday, 28.05.2017, 19:39

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Swedbank, ABLV Bank and Rietumu Banka unchangingly top list of Latvia's biggest banks

Swedbank, ABLV Bank and Rietumu Banka unchangingly top list of Latvia's biggest banks

16.03.2017

Although the assets of Latvia’s banks servicing foreign clients decreased last year, the Top-three of Latvia’s largest banks by assets remained unchanged and included Swedban, ABLV Bank and Rietumu Banka, according to information provided by the Association of Latvian Commercial Banks writes LETA.

Keyword tags: Banks, Financial Services, Good for Business, Latvia, Rating



Court orders Latvian watchdog to pay EUR 3.6 mln to Euromin in Ventspils Nafta buyout dispute

Court orders Latvian watchdog to pay EUR 3.6 mln to Euromin in Ventspils Nafta buyout dispute

16.03.2017

The Administrative Regional Court partly satisfied the claim that Euromin Holdings (Cyprus) Limited (Euromin), a company of Vitol Group, had filed against the Latvian financial regulator, the Finance and Capital Market Commission (FCMC), in a dispute over the price of shares in Ventspils Nafta holding company in the mandatory buyout offer, the court said LETA/BNS.

Finnair cancels several flights on Riga-Helsinki route due to looming strike

Finnair cancels several flights on Riga-Helsinki route due to looming strike

16.03.2017

Finnish carrier Finnair has cancelled several flights on the Riga-Helsinki route this Friday due to a looming strike at Helsinki Airport, reports LETA.


Eesti Energia: USD 2.1 b Jordan oil shale project secures funding

Eesti Energia: USD 2.1 b Jordan oil shale project secures funding

16.03.2017

Attarat Power Company (APCO) has announced that it has reached financial close for the 2.1-billion-U.S.-dollar project to build the first oil shale fired power station and open cast mine in Jordan, reports Eesti Energi.

Latvian unemployment down to 8.4% in February

Latvian unemployment down to 8.4% in February

16.03.2017

In February 2017, Latvia’s registered unemployment rate decreased by 0.1 percentage points (ppt) to 8.4%, according to information released by the State Employment Agency writes LETA.


16.03.2017

Lithuania's Kaunas CHP plant signs EUR 75 mln worth of treaties

Progress has been reported in the Kaunas combined heat and power ( CHP ) plant project that has been subject to heated discussions – 75 million euros worth of contracts were Thursday signed with German, Finnish, French and Czech companies, writes LETA/BNS.

16.03.2017

Supervisory Board selects the candidate for the post of Riga Airport Chairman of the Board

According to Juris Kanels, Chairman of the Airport's Supervisory Board, the Supervisory Board of SJSC "Riga International Airport" has decided to nominate Board Member Ilona Līce for the currently vacant post of Chairman of the Board.

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