The Baltics Today

EC requests explanations from Latvian justice minister regarding Palink insolvency case

European Commission officials have requested explanations from Latvian Justice Minister Gaidis Berzins (All For Latvia!-For Fatherland And Freedom/LNNK) regarding Palink insolvency case.

Commission: renewable energy sources should account for 20% of the bloc’s total energy demand

The European Commission (EC) is fond of saying how important wind is as a renewable energy source – but critics says its words are not matched by funding, the EU Observer informs.

Äripäev publishes list of top dividend earners

Toomas Annus, Vjacheslav Rabotshev and Heino Harak are the top three dividend earns in Estonia on their companies’ 2010 results, shows a list of top dividend earners published by Äripäev today.

airBaltic plans to carry 3.35 mln passengers in 2012

In 2012, the national airline airBaltic plans to service approximately the same number of passengers as in 2011 – 3.35 million, Martin Gauss, the airline's CEO, said in an interview with the business information portal Nozare.lv.

Kesko may build a major warehouse in Estonia

Finnish trade concern Kesko is considering the possibility of building a major warehouse in Estonia that would service in addition to Finland also the Baltic states and Russian markets, LETA/Postimees Online reports.

Hot tea offered by public transport controllers in Vilnius

Extremely low and dangerous temperatures in the capital of Lithuania have led to social services being expanded in order to help those most in need, Vilnius Municipality said. Controllers are distributing free hot tea to all passengers.