The Baltics Today

Melbardis and Strenga win first medal for Latvia at Winter Olympics

Latvian bobsleigh pilot Oskars Melbardis and brakeman Janis Strenga on Monday won bronze in two-man bobsleigh event at the 2018 Winter Olympics, finishing just 0.05 seconds behind the first place, informs LETA.

EUR 600 mln withdrawn from ABLV Bank since US FinCEN announced on planned sanctions

Over the last week, since the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury announced on its plans on sanctions against Latvia’s ABLV Bank, EUR 600 million have been withdrawn from the bank, said ABLV Bank’s board chairman Ernests Bernis in a press conference on...

A. Le Coq: Estonia’s alcohol tax policy made lay off 30 people

The Estonian beverage house A. Le Coq made about 30 people on various levels, or 10% of its total workforce, redundant as a result of the Estonian government's alcohol tax policy in 2017, reports LETA/BNS.

President: Lithuania will support Poland in dispute with EC

Lithuania intends to support Poland in the dispute with the European Commission (EC) on the controversial judicial reform, says President Dalia Grybauskaite in a position that her Polish counterpart described as well-balanced, reports LETA/BNS.

Merko to build apartment building in Vilnius

UAB Merko Statyba, the Lithuanian subsidiary of the listed Estonian construction group AS Merko Ehitus, has started the construction of a three-storey apartment building in the Old Town of Vilnius which is to be complete by the end of 2019, informs LETA/BNS.

Lithuanian Investors’ Association: delisting AviaAM Leasing blow on minority shareholders

The proposal from a company controlled by businessman Vladas Bagavicius to delist the Lithuanian aircraft leasing company AviaAM Leasing from the Warsaw Stock Exchange strongly devalues the stake of the minority shareholders, the Investors' Association says, cites LETA/BNS.