The Baltics Today

Honda to recall 4,800 cars in Estonia

Honda Baltic is to recall around 4,800 of Honda's 2004-2010 models in Estonia which might have problems with airbags.

Municipal water supplier sells HQ in Vilnius’ Old Town for EUR 3.9 mln

The municipal water supplier Vilniaus Vandenys (Vilnius Water) sold its headquarters in Vilnius' Old Town to the Danish-owned property developer Asgaard Property for 3.9 mln euros in an auction on Tuesday.

Latvian banks show higher profitability than EU average

Latvian banks' profitability figure is higher than in the European Union on average, Peteris Putnins, chairman of the Financial and Capital Market Commission (FCMC), said at a news conference today citing LETA.

Bank of Lithuania to operate not only as heavy-handed demanding regulator

The absolute majority of financial market participants supervised by the Bank of Lithuania acknowledge that supervision by the central bank is effective, while the respondents assess highly the competence and behaviour of the supervisory staff – this is reflected in the results of the first surve...

Latvian exports creep forward in a determined way

According to the data of the Central Statistical Bureau (CSB), the turnover value of the external trade of Latvian goods in December dropped by 2.6% month-on-month, with goods exports dropping by 8.8% and imports increasing by 11.4%. Year-on-year, the goods export and import values posted positi...

UPB and Re&Re the only construction companies that meet requirements for building Liepaja Prison

The only Latvian construction companies that at the moment meet the requirements on companies that want to apply for building a new prison in Liepaja are the joint-stock company UPB and Re&Re, both in terms of turnover and having the industrial security certificate, as LETA has found out.