Novaturas forecasts annual EBITDA loss of EUR 2 mln, mulls bond issue
Novaturas, one of Lithuania’s biggest tour operators, forecast a net loss of 1.5-3.5 million euros for the whole year after recording a net loss of 2.3 million euros in the [..]
S&P reaffirms Lithuania’s Maxima Group’s credit rating
S&P Global Ratings has reaffirmed a BB+ credit rating with a stable outlook for Lithuania’s Maxima Group, the biggest retail group in the Baltics, owned by Nerjus Numa’s Vilniaus Prekyba [..]
Lidl Lithuania to cut share capital by EUR 30 mln, return funds to shareholder
Lidl Lietuva, a leading supermarket chain in Lithuania, is reducing its authorized share capital by 30 million euros, with the funds to be paid to its sole shareholder, the German [..]
Latvian national airline airBaltic has issued bonds worth EUR 340 million, Transport Minister Kaspars Briskens (Progressives) announced in a tweet last night. airBaltic said in a statement that it has [..]
airBaltic plans to launch public offering in second half of year
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 [..]
A new era for corporate taxation in the EU enters into force
Ground-breaking new EU rules come into effect in 2024 introducing a minimum rate of effective taxation of 15% for multinational companies active in EU Member States. The framework will bring [..]
Eurostat: Business bankruptcies down, registrations up in Q3 2023
In the third quarter of 2023, the number of bankruptcy declarations of EU businesses decreased by 5.8% compared with the previous quarter. Overall, the number of bankruptcy declarations in 2023 [..]
Gaso to pay EUR 36.209 million in dividends from profit of previous years
Natural gas system operator Gaso, whose owne from this past summer is Estonian company Eesti Gaas, will pay out EUR 36.209 million in dividends from the profit of previous years, [..]
13°C 
