Tele2 opened on Wednesday a 3,000-kilometre long high-speed fibre-optic data communication channel between Tallinn and Frankfurt, LETA/Postimees Online reports. Tele2 said that the first encrypted ...

1 July, councilmen from the recently-elected Riga City Council voted in Nils Usakovs (Harmony Center) as Riga mayor. 37 councilmen voted for Usakovs, whilst 21 city councilmen voted for the other ...

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 ...

Viciunu Grupe (Viciunai Group), a business group controlled by Visvaldas Matijosaitis, mayor of Lithuania's second-largest city of Kaunas, has established a sales company, Vichiunai Sakartvelo, in the ...

The Corruption Prevention Bureau of Latvia has finally confirmed that a case has been opened on crimes that several state officials may have committed, which involve money laundering, misuse of power, ...

The temporary residence permit ban on Russian citizens will cause huge losses for the economy and construction industry of Latvia, facilitating further emigration, CEO of AB Build Andris Bojars told ...

Six rescuers suffered injuries in the extinguishing work of a major fire that broke out Tuesday afternoon (June 9th) in the Molycorp Silmet AS chemicals industry in Sillamäe, North East Estonia, ...

If the necessary funds are collected to transform the Zakusala TV Tower into an attractive tourism object, it is planned that approximately 200,000 visitors could visit the tower annually, which is ...

More Finnish companies are about to move operations to Estonia, a news portal BBN reports referring to Yle. There are approximately 4,000 Finnish companies, which actively operate in Estonia attracted ...

The Austrian news agency Baltic News Network GmbH, Vienna (BNN) entered the Baltic media market in 2010. BNN operates from Vienna the Internet portal Baltic News Network. It is synchronously published ...

Siauliu Bankas, a Lithuanian bank controlled by the European Bank for Reconstruction and Development (EBRD) and a group of local investors, is set to increase its authorized capital by 18.245 million ...

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 ...