FinancialLosses

Orlen Lithuania fails to recover over EUR 8 mln in losses from Inter RAO Lithuania

Orlen Lietuva, the Lithuanian oil import and refining subsidiary of Poland’s oil group Orlen, has failed to recover more than 8 million euros in damages and interest from Inter RAO [..]

BaltCap fund theft causes several Estonian pension funds millions in losses

The Swedbank, LHV, and SEB pension funds lost several million euros due to a partner’s misconduct in the BaltCap investment fund in Lithuania last November. The BaltCap fund holds 0.1 [..]

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