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The Baltics Today

Four people aboard Lithuanian yacht rescued in Baltic Sea

Four people aboard a Lithuanian-owned yacht -- two Lithuanians, an Estonian and a Finn -- were rescued in the Baltic Sea last night, the Lithuanian Defense Ministry said on Friday writes LETA/BNS.

Oil price to play part in future dairy market

The recovery of the dairy market will depend on oil prices and the decline of milk production volumes in southern Europe and New Zealand, Raimondas Karpavicius, chairman of Marijampoles Pieno Konservai operated by Russian-Liechtenstein joint venture Eksimeta, told Verslo Zinios business daily wri...

Lithuania’s Lietuvos Gelezinkeliai expects to hold on to Belarusian cargo

As Russian railway companies plan on getting the Belarusian oil cargo from the Baltic states and divert them to the Gulf of Finland, Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) expects to keep the freight volume at the current level, informs LETA/BNS.

Global cybersecurity experts and the IBM Watson’s artificial intelligence robot will visit Riga

One of the largest global cyber-security event of the month - the 7th annual international conference DSS ITSEC - will be held on October 27 in Riga, bringing together more than 80 presentations by recognized industry experts. Special attention will be focused on the possibilities and risks of th...

Construction price index took an upturn in the 3rd quarter due to the increasing costs of construction materials

According to Statistics Estonia, in the 3rd quarter of 2016, the construction price index increased 0.7% compared to the 2nd quarter of 2016 and fell by 0.7% compared to the 3rd quarter of 2015.

4% of employees in Latvia get paid under the table

According to a survey carried out by the employment portal, 86 % of employees in Latvia have official employment contracts and pay all taxes, informs LETA.