The Baltics Today

Number of Tallink passengers up 18.1 pct yoy

In June 2009 AS Tallink Grupp transported 795 569 passengers which is 18.1% increase compared to the same period in the previous year, the company announced on Tallinn Stock Exchange.

Competition for Passanger Train board chairperson announced in Latvia

A competition for the vacant Pasazieru vilciens (Passanger Train) board chairperson position has been announced, the government's official newspaper Latvijas Vestnesis reports.

Former management acquires Diena and Dienas Bizness from Bonnier

Nedela S.A., led by Aleksandrs Tralmaks, former CEO of Diena, acquires the Latvian media group AS Diena and the Latvian business daily Dienas Bizness from Bonnier Business Press.

Latvia and Lithuania are one of the riskiest issuers of sovereign bonds

Lithuania, Dubai, Romania, Bulgaria, Latvia, Venezuela and Kazakhstan, have the greatest probability of default among 63 governments with credit swap contracts on their debt, a report by Credit Market Analysis shows, Bloomberg reports.