Latvian Saeima today approved in the final reading amendments to the law On Excise Tax, which provide for increasing excise tax rates on liquor, cigarettes and gasoline. The tax rates will increase on ...

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 ...

It is likely that Latvian-German joint venture light-bulb manufacturer Vermerk will be sold to investors from Russia or Ukraine, as newspaper "Biznes&Baltija" reports today. Management of the plant, ...

Several large Estonian bookstores started selling Estonian-language e-books on Monday, LETA/Postimees Online reports. Apollo, Rahva Raamat and Krisostomus bookstore chains offer more than 120 Estonian ...

The Latvian health care system is ranked as the worst in Europe, according to Euro Health Consumer Index. Latvia scored 449 points out of 1000 and places 31st among European countries. The worst ...

In a competition with 68 cities of the world for a spot on the board in the new edition of the popular game "Monopoly", Riga ranked second, according to the information on board games and toys ...

In the first 10 months of the year 2015, the number of Esrtonian companies that have gone bankrupt has decreased by 15% on year to 119 companies, 107 of which were private limited companies and 12 ...

The SEB bank forecasts that Estonia gross domestic product (GDP) will grow by 5% in 2011 or by 0.5 percentage points more than the bank forecast in February, National Broadcasting/LETA reports. SEB ...

Russian aviation company UTair launched flights between Tallinn and Moscow, which according to the Tallinn Airport means reaching a new level, National Broadcasting reports. Tallinn Airport’s board ...

In October 2009, the level of unemployment in Lithuania increased. The number of unemployed people registered in territorial labour exchanges stood at 29.7%, a decrease by 3.5% as compared to ...

Jörg Tumat is entrusted with this post at Latvia’s biggest foreign chamber of commerce for a term of three years and follows Bertolt Flick (airBaltic Corporation AS) who completed five years of ...