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Thursday, 30.03.2017, 15:39
Russian Sberbank to sell its Ukrainian subsidiary to consortium of investors that includes Latvia’s Norvik Banka29.03.2017
Latvia’s Norvik Banka and its major shareholder Grigory Guselnikov on March 27 signed an agreement on joining a consortium of investors that will acquire Ukrainian Sberbank from its parent company, Russian Sberbank.
Keyword tags: Baltic States – CIS, Banks, EU – Baltic States, Financial Services, Good for Business, Latvia, Russia
The Estonian bus operator Lux Express is about to start operating regular services within Russia, specifically the St. Petersburg-Moscow and St. Petersburg-Pskov routes, this summer, LETA/BNS writes accordgin to the Postimees.
One particular country’s interests will probably prevail in institutions supervised by the European Commission and the Nordstream 2 project will be found to be in line with EU laws, European Parliament member Roberts Zile told LETA.
Russia's gas giant Gazprom has missed a deadline for paying a 36-million-euro anti-trust fine to Lithuania and the authorities will now seek to recover the money through bailiffs.
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Lithuania intends to continue the practice started after the annexation of Crimea to send lower-level officials to the Moscow International Security Conference, writes LETA/BNS.
With the European Commission's anti-trust probe into Gazprom's operations in Central and Eastern Europe nearing completion, the Russian gas giant has promised to remove barriers to the free flow of Russian gas in Lithuania and other countries in the region and to supply it at competitive prices, writes LETA/BNS.