Elisa has entered into an agreement with Santa Monica Networks (SMN) Group, a company specializing in secure IT networks and data center solutions, to acquire SMN's companies in Finland and Estonia, ...

Thermo Fisher Scientific Inc., the world leader in serving science, has completed its previously announced acquisition of molecular biology enterprise Fermentas International Inc, Fermentas ...

Some time ago Mazeikiu Nafta, the only oil refinery in the Baltic States, was Lithuania's pride. Now it becomes an increasingly big headache, writes LETA/ELTA, referring to Respublika. The company, ...

The tobacco producer and retailer Scandinavian Tobacco has changed its brand name to British American Tobacco Latvia, according to the information from the Registry of Enterprises' Lursoft information ...

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 ...

The animated film studio "Dauka", which has been making animated films for forty years in Latvia, will halt production of new films for an indefinite period due to lack of funds, as producer Ansis ...

From 1 January 2011, Hungary will have a flat rate personal income tax system with a 16% flat-rate personal income tax. The change is aimed at improving the competitiveness of the Hungarian tax system ...

Early in the 19990s, when the Berlin Wall had come down, enthusiasm about the perspectives for the future was unbridled in the Baltic Rim countries. Old ties were strengthened, new plans made, ...

At his meeting with Sri Lankan Minister for Economic Development Basil Rajapaksa, Estonian Foreign Minister Urmas Paet said that Sri Lanka is an attractive economic partner for Estonia in the transit ...

Today, Parex banka is implementing its new brand name, according to the bank's announcement at NASDAQ OMX Riga. From now on, the company, which is the only enterprise in the Baltic region and one of ...

Estonia-based construction company Merko Ehitus established a fully owned subsidiary in Ukraine called LLC Merko Ukraine, Merko Ehitus reports to NASDAQ OMX Tallinn. The establishing process was a ...

As of Friday, August 24, Arturas Vaskevicius will not hold a position of Deputy Minister in the Ministry of Environment. He has been working as a deputy minister since the early December 2010.