The most expensive car, sold in Lithuania in 2013, is a Bentley Mulsanne sedane, which costs 776,000 litas, reports LETA, referring to the business news portal Verslo Zinious. The second most ...

The 24th Latvian Song and 14th Dance Festival officially began on July 5 and will continue until July 12, as the festival's press secretary Aiva Rozenberga told LETA. The first Song Festival was held ...

Unemployment level in Latvia will be at 16 to 17% in 2009 and will remain at the same level also in 2010, Economy Ministry forecasts in an informative report. The economic situation in the country is ...

"Latvia still produces very little wind energy and therefore wind power is perceived less as an alternative and environmentally friendly source of energy than in Estonia, for instance, where wind ...

The fact that Ventspils millionaires – Olafs Berkis, Olegs Stepanovs, Igors Skoks and Genadijs Sevcovs – have been elected into Ventspils Nafta Supervisory Council clearly shows that the international ...

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 ...

Viru Keemia Group (VKG) has been increasing its sales revenue and profits for three years in a row, writes LETA/Postimees Online. The largest processor of oil shale in Estonia that exports more than ...

Statistics Lithuania informs that average gross monthly earnings in the whole economy (less individual enterprises) in III quarter 2011 amounted to LTL 2116.0 and, compared to II quarter 2011, ...

Estonia's goal of adopting the euro in two years (2011) is 'feasible' as long as the economic outlook doesn't deteriorate and the government implements a third round of budget cuts, Moody's Investors ...

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 ...

Company Fortum is opening a new biomass cogeneration plant in Jelgava in Latvia at 12 noon today, informs LETA/Nozare.lv. According to Fortum, it will be the largest biomass cogeneration plant in ...

EB Banka has granted an EUR 18 million loan to Nordic Partners Properties (NP Properties), Latvia's leading developer and manager of industrial parks, BC was told at the bank. NP Properties has taken ...