The key objective of the central bank's monetary policy is to facilitate the favourable macroeconomic environment for growth of the national economy in the long term. The course of global economic ...

This is it, my friends! It happened! We finally found someone willing to take over and continue our business. In the year of our 25th anniversary, in June – precisely the month the first ever issue of ...

At the beginning of the year 2012, Lithuanian Ship Registry had 121 ships, 101 of which were used for sailing; this is the lowest number of ships in the history of Lithuania, the maritime news portal ...

Construction foams and silicones producer Henkel Makroflex closed its plant in Oitti, Finland and moves all of its production to the South West Estonian resort town Pärnu, LETA/Postimees Online ...

Finnish supermarket chain Prisma subsidiary in Latvia Prisma Latvija increased its turnover and losses in 2013, according to information provided by Firmas.lv, cites LETA/Nozare.lv. The company's ...

The head of the company AB Holdings Bislan Abdulmuslimov has purchased a 50% stake in joint-stock Daudznozaru kompanija "Daugava" (DK Daugava), DK Daugava spokeswoman Dace Skadina informed the ...

The European Bank for Reconstruction and Development (EBRD) is ready to acquire the minority stake at Parex banka, making an investment of EUR 100 million (LVL 70 million), Prime Minister Valdis ...

The Latvian national airline airBaltic and Sixt, one of the leading European providers of mobility services, have teamed up to offer more convenient travel for customers. To celebrate the new ...

Latvian cosmetics and soap manufacturer Stenders Soap Factory (Stenders) will be opening another shop in China in April 2011, the company's marketing director Talivaldis Silenieks informed the ...

Estonian ship pilot Indrek Sulla on Tuesday morning sighted two dolphins who had likely erred into Kopli Bay from the Atlantic, Postimees reported, cites LETA/BNS. Sulla said that he had spotted the ...

Sweden’s Finance Minister Anders Borg wants to put the squeeze on Swedish banks, where profits have swelled, shareholder dividends ballooned, and interest margins on mortgages doubled. The four major ...