From August, joint-stock machine tools company Rebir plans to relocate more than half of the company's production to China, as told the company's chairman of the board Janis Zudans. ''Most of the more ...

Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO), which will be created through a merger between Lithuania’s electricity and natural gas distribution grid operators, Lesto and ...

There may be only five or six large car dealers in Estonia that are likely to survive the current economic decline, writes Postimees/LETA. According to the car dealers, the rapidly decreasing numbers ...

Vilnius police late on Thursday detained the man who escaped from a police car with an AK-47, Deputy Police Commissioner General Edvardas Sileris told BNS. "The fugitive has been detained," he said.

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 ...

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 ...

Power solutions company Wärtsilä has been awarded a contract to supply two complete power plants with a total output of 250 MW for Estonian transmission system operator Elering AS. The total value of ...

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 ...

Public Utilities Commission's council has approved new electricity tariffs from the joint-stock power utility Latvenergo, which provide a new system of calculating tariffs as of April 1, 2011, as ...

Estonian car sellers sold 10% more new cars in 2010 than the year before, a growth after two years of plunges, Äripäev.ee/LETA reports. The last time car sales grew was in 2007 but in 2008 the total ...

The Latvian national airline airBaltic is the first airline in the world to sell cars on board. Starting December 16, 2011 passengers onboard airBaltic flights will have the opportunity to purchase ...