Date: 06.11.2017.

International Internet Magazine. Baltic States news & analytics Friday, 24.11.2017, 03:42

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Belokons wins court trial with Oyston family

Belokons wins court trial with Oyston family

06.11.2017

On November 6, the London High Court ruled that Oystons (Owen Oyston and Karl Oyston) must for GPB 31,27 buy out shares belonging to Valeri Belokon, shareholder of Baltic International Bank, due to violation of minority shareholder rights, reported BC press service of Belokon Holdings.

Keyword tags: EU – Baltic States, Financial Services, Latvia, Legislation, Markets and Companies



Circular economy: the ways towards “conscious capitalism”

Circular economy: the ways towards “conscious capitalism”

06.11.2017

Political, economic and business circles need sufficient resilience in modern time facing increasingly changeable, uncertain, and unpredictable challenges; more than that, the countries have to manage these challenges properly through adaptive approaches to national political economy structures.

First larger timber batch sent by sea from Estonia to China

First larger timber batch sent by sea from Estonia to China

06.11.2017

The first cargo vessel carrying timber belonging to Westwood Group OU last weekend departed for Lanshan port in China from the general cargo terminal of Transiidikeskus AS in Estonia, writes LETA/BNS.


Court orders insolvency process for Druva Food in Latvia

Court orders insolvency process for Druva Food in Latvia

06.11.2017

The district court in the western Latvian town of Saldus has ordered an insolvency process for Latvian ice cream maker Druva Food, writes LETA, according to information available at Firmas.lv.

In September, the number of tourists in Estonian hotels increased by 10%

In September, the number of tourists in Estonian hotels increased by 10%

06.11.2017

According to Statistics Estonia, 281,400 tourists used the services of accommodation establishments in September 2017, i.e. 10% more than in September 2016. The number of both foreign and domestic tourists increased.


06.11.2017

U2 leader Bono among owners of supermarket in Utena

Bono, the leader of the legendary Irish music bands U2, has been one of the largest investors in Utena, a city 100 km north of the Lithuanian capital Vilnius, for the past decade, 15min.lt news portal said, cites LETA.

06.11.2017

Porzingis scores career-high 40 points; Knicks win

In NBA action on Sunday, Latvian bigman Kristaps Porzingis scored career-high 40 points to help the New York Knicks overcome the Indiana Pacers 108:101 (25:33, 24:29, 23:22, 36:17), reports LETA.

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