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Sunday, 20.07.2025, 07:12
Estonia: Danske case cannot be handled in court due to data leak
Estonian law office Magnusson said on Thursday evening, October 8th, that due to an illegal leak of data to the media, a trial in the money laundering case involving Danske is no longer possible, reports LETA/BNS.
Government approves "Estonia 2035" long-term strategy
The government in Estonia on October 8th approved and forwarded to the Riigikogu the country's long-term development strategy for the period until 2035, informs LETA/BNS.
Eesti Energia cooperating with Fitek on sales invoicing management
Estonian fintech company Fitek, part of Unifiedpost Group, became the partner for sending sales invoices for the state-owned energy group Eesti Energia for the next four years, informs LETA/BNS.
National accounts aggregates 2019 in Lithuania
Statistics Lithuania estimated the 2019 GDP and revised the time series of the national accounts aggregates for 1995–2018. In 2019, GDP at current prices amounted to EUR 48.8 billion.
Estonian MFA: the state should support companies on foreign markets as unified team
In the view of the Ministry of Foreign Affairs, the support offered by the state to Estonian companies operating on foreign markets should be consistent and reliable, the ministry said in its comments on a report on business October 7th, informs LETA/BNS.
Expert hails Lithuanian Ignitis Grupe’s first day of trading as unequivocal success
The first day of trading in shares of Lithuania's state-owned energy group Ignitis Grupe (Ignitis Group) on the Nasdaq Vilnius Stock Exchange, which saw the company’s share turnover reach a whopping nearly 5.7 million euros, was an unequivocal success, a financial analyst has said LETA/BNS.
Latvia: Government fails to reach agreement with local governments on reduction in municipal budget revenue next year
Latvian Association of Local and Regional Governments (LALRG) has not accepted several changes in the 2021 budget bill proposed by the government, and decided not to sign next year's memorandum of agreement with the government for the time being, as the LALRG advisor Liene Uzule informed LETA.
Broadcasting watchdog repeatedly fines Baltkom Radio in Latvia for illegal pre-election campaign
The National Electronic Mass Media Council (NEPLP) in Latvia has fined Baltkom Radio for three violations of pre-election campaign law, informs LETA.
4 Estonian banks join anti-money laundering pilot program
Four Estonian banks -- LHV, Luminor, SEB Estonia and Swedbank Estonia -- have joined a pilot program called AML Bridge, which seeks to test a data sharing platform created by the anti-money laundering technology startup Salv.
Head of Ignitis: we're opening up path for other state companies
Darius Maikstenas, CEO of Lithuania's state-owned energy group Ignitis Grupe (Ignitis Group), says the group is opening up the path to the capital market for other state companies as trading in the group's shares starts on the Nasdaq Vilnius Stock Exchange and London Stock Exchange on Wednesday following its recent successful IPO.
5,000-8,000 Latvians working in tourism sector could lose their jobs by end-2020
Subsidies are necessary in order to maintain the tourism sector in Latvia, said Eriks Lingeberzins, an associate professor from Turiba University at the Saeima budget and financial (taxes) committee meeting today, reports LETA.
Novaturas, Luminor agree to delay liabilities
Novaturas, one of the largest tour operators in the Baltic states, hit by the ongoing coronavirus crisis, has on Tuesday reached agreement with Luminor bank to delay payments of a long-term loan and extend the overdraft, informs LETA/BNS.
Lithuania to support big companies through bond purchases
Officially launched on Tuesday, Lithuania's business assistance fund, worth 1 billion euros, will provide assistance to large companies key to the country's economy and facing difficulty of borrowing from the market, informs LETA/BNS.
Lithuania officially launches EUR 1 b business support fund
Lithuania has officially launched its business support fund, worth 1 billion euros, aimed at providing temporary support to the country’s medium-sized and large enterprises, which have been affected by the coronavirus crisis, informs LETA/BNS.
Kalev Spa applying for EUR 12 mln loan from state
Kalevi Veekeskus, the operator of the Kalev Spa water park located in the city center of Tallinn, is applying for a loan of 12 million euros from the Kredex foundation in order to refinance previous loans, informs LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
