The Baltics Today

Riga Shipyard’s first half year’s turnover – 6.9 mln, losses – 1.3 mln

Limited liability company's Riga Shipyard (Rigas kugu buvetava) net turnover was EUR 6,916,066, and total net losses were EUR 1,288,002 in the first half of year, according to the company's finance report, handed in to the stock exchange operator NASDAQ OMX Riga, cites LETA.

Rietumu banka posts record-high profit in H1

The joint-sock company Rietumu banka Group posted EUR 36.63 million in net profit after tax in the first half of the year 2014, whereas the bank's net profit after tax amounted to EUR 37.643 million, according to Rietumu banka financial statement for the January-June period submitted to the NASDA...

Estonia competing with Scandinavia for foreign professionals

Commenting Kristina Narusk, head of the Service Industry Council, said that many countries including most European countries, but also Australia, US and Singapore have had similar program for years.

Snaige turnover made EUR 21.5 mln in H1

AB Snaige, engaged in manufacture and sales of refrigerators and freezers, achieved an EBITDA of LTL 3.3 million (EUR 955 thousand) as in the first half of 2014 despite LTL 74.4 million (EUR 21.5 million) turnover (according to unaudited consolidated financial results) caused by the dramatic even...

The speech that Angela Merkel did not make

Latvia is among all the countries in Eastern Europe watching with trepidation as Russian aggression unfolds in Ukraine. When Putin annexed the Crimea, and sent his forces into Ukraine, Germany’s Chancellor Angela Merkel might have at any stage, but did not, give this speech:

“In late De...

Ukraine’s ambassador to Lithuania: Ukraine will never reconcile with the loss of Crimea

Ukraine will never reconcile with the loss of Crimea. Valery Zhovtenko, Ambassador Extraordinary and Plenipotentiary of Ukraine to Lithuania, said in the exclusive interview to ELTA news agency that only negotiation measures will be used to solve the issue of Crimea, cites LETA.

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