The Baltics Today

Andrus Aljas: Estonian Air will not be able to survive with a loss for long

CEO of Estonian Air Andrus Aljas admitted that the enterprise will be unable to work with a loss for long, writes Postimees/LETA.

Olerex tripled its profits in 2008

In the year 2008, the fuel retail sales chain Olerex earned a net profit of 14.92 million kroons in 2008, writes Postimees Online/LETA.

Latvia retained EU’s biggest decrease in retail trade turnover in May 2009

Retail trade turnover in Latvia in May 2009 decreased by 26.4% in comparison with May 2008, which is the biggest decrease in the European Union, according to the EU statistical office Eurostat report released today. Decrease in Lithuania was 19.9%.

Nordea and SEB allow fixing housing loan interests

Nordea and SEB said that they don’t plan now allowing fixed housing loan interests, ERR News reports.