Estonia

Gardening retailer Hortes to undergo restructuring

July 10, 2024

Gardening retailer Hortes, which has been struggling with tax debts and has not submitted annual reports for the past two years, is set to undergo court-ordered restructuring, Postimees reports. With [..]

Latvia

Olainfarm plans to replace Russia and Belarus with Western markets with new portfolio of medicines

June 4, 2024

Latvian drug manufacturer JSC Olainfarm plans to replace Russia and Belarus with the Western market with a new portfolio of medicines, Janis Buks, Chairman of the Supervisory Board of the [..]

Latvia

Companies may have to take difficult decisions to cut costs

May 16, 2024

Companies may have to make unpleasant decisions on cost-cutting, because although inflation is no longer rising significantly, the level of costs has not fallen and it is becoming increasingly difficult [..]

Interviews

Eastern business sale price ‘doesn’t make us happy’ – Viciunai Group executive

April 25, 2024

As Viciunai Group, a Lithuanian fish and other food production and sale group partly owned by Kaunas Mayor Visvaldas Matijosaitis, has recently sold its business in Russia, Belarus and other [..]

Latvia

airBaltic plans to launch public offering in second half of year

April 22, 2024

Latvian national airline airBaltic plans to announce a public offering of its shares in the second half of the year, the airline’s CEO Martin Gauss told Latvian Television (LTV) in [..]

Latvia

Latvenergo plans to reach 30% of natural gas market

March 11, 2024

Latvenergo plans to reach a 30 percent share of the natural gas market in Latvia this year, Latvenergo’s Chairman of the Board Martins Cakste told LETA in an interview. Latvenergo [..]

Latvia

In next six months, clearer vision on future of Tet and LMT is necessary – Valainis

January 5, 2024

A clearer vision on the future of the companies Tet and Latvijas Mobilais Telefons (LMT) should be obtained in the next six months, Economic Minister Viktors Valainis (Greens/Farmers) said in [..]

Latvia

Latvijas Pasts to focus on operations at shopping centers

December 5, 2023

Latvijas Pasts national postal company will henceforth focus on operations at shopping centers, Latvijas Pasts CEO Beate Krauze-Cebotare said Tuesday in an interview on TV3 channel. She indicated that the [..]