International Internet Magazine. Baltic States news & analytics
Saturday, 04.02.2012, 06:46
For a small Estonia on the periphery with Russia, being a member of the European core is very valuable
03.02.2012A little more than a year ago, Estonia adopted the euro – at a time when the Greek crisis, and the Irish, Spanish, Portuguese, and Italian crises, were exposing the common currency’s weaknesses. Today, Estonia's economy is the fastest-growing in the currency bloc, consumers and businesses are paying lower interest rates, and business ties with Finland – a euro member state and Estonia's main trading partner – are tighter than ever, the Bloomberg Businessweek reports.
Keyword tags: Analytics, Baltic States – CIS, Estonia, EU – Baltic States, Financial Services, Investments, Markets and Companies
Kesko may build a major warehouse in Estonia
03.02.2012Finnish trade concern Kesko is considering the possibility of building a major warehouse in Estonia that would service in addition to Finland also the Baltic states and Russian markets, LETA/Postimees Online reports.
Alma Media buys CV Online
03.02.2012Alma Media OY bought on Thursday the Baltic States' leading Internet-based recruitment company CV Online, Äripäev.ee/LETA reports.
Foreign investment in Latvia-registered companies grew by 10.8% in 2011
02.02.2012In 2011, the amount of foreign investment in Latvia-registered companies' share capitals increased by 10.8% or LVL 320 million, newspaper Dienas Bizness reports.
Viesturs Koziols acquires 98.86% shares in Latvian newspaper Diena
02.02.2012Latvian businessman Viesturs Koziols, who already owns a 51% stake in the joint-stock media company Diena, has acquired 47.86% shares in the newspaper previously owned by the Rowland family, according to an announcement made by Diena yesterday.
Tallinn bourse had the worst January 2012 of four years
The NASDAQ OMX Tallinn stock exchange index OMXT gained in January 2012 3.13% to 547.79 points, which is the smallest January increase of the index since 2008, LETA/Postimees Online reports.
Latvian ports' advantages to be explained to investors
In 2012, Latvian politicians plan to concentrate on explaining to prospective investors the advantages offered by the country's ports.
Investors interested in Snoras businesses
The first stage of selling investment and wealth management business Finasta and one of the major finance service businesses Snoro Lizingas has already finished.
East Capital Fund agrees to buy Tallinn logistics property Tanassilma
East Capital, a Stockholm-based fund manager investing in Eastern Europe, agreed to buy a logistics property in Estonian capital Tallinn as it launched a second real-estate fund in the Baltic region.
PKN writedowns to erase most of Q4 operating profit
Poland's top refiner PKN Orlen warned that its fourth quarter operating profit in 2011 would drop by some 90%, much worse than analysts had predicted, because of writedowns of the value of its investments abroad, Reuters/LETA wrote.
NASDAQ OMX Vilnius awards Siauliu bankas for improvement in work with investors
Siauliu Bankas was recognized as the company of the NASDAQ OMX Vilnius that has made the biggest improvement in the area of investors' relations over the previous year, the Siauliu bank said.
Lithuanian PM encourages Netherlands to invest in European north countries
Lithuanian and Dutch cooperation in the energy sector is very important because the Netherlands have a great experience in the gas market, said Lithuanian Prime Minister Andrius Kubilius and encouraged Dutch businessmen to expand their businesses in Lithuania.
Swedbank: Baltic stock market may gain 25% in 2012
Stocks in Estonia, Latvia and Lithuania may gain 25% in 2012, according to Swedbank experts.
How to receive residence permit in UK
Currently there are two types of visas (Tier 1 Investor and Tier 1 Entrepreneur) that allow to apply for settlement and UK citizenship in the future. Law office INLAT PLUS provides assistance in resolution of any issue related to applying for residence permit in the United Kingdom.
TEO recognized as most transparent in NASDAQ OMX Baltic exchanges
During the Baltic Market Awards, arranged by NASDAQ OMX stock exchanges in Vilnius, Riga and Tallinn, TEO LT, the largest provider of integrated telecommunication, IT and TV services in Lithuania, was recognized as the most transparent company and was awarded for the Best Investor Relations (IR) in the Baltic countries, 4-traders.com reports.
The europact: outcomes for the Baltic States 
