The Baltics Today

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The use of internet banking and ATMs in Estonia has increased

The use of internet banking and ATMs in Estonia has increased in recent years, Estonian central bank Eesti Pank said in its fresh statistics on payment and settlement systems, informs LETA.

“Aldaris” reduces losses by 33%

Beer brewery "Aldaris" has maintained a steady turnover in 2013, whereas the company's losses reduced by 33 percent, the company also paid EUR 3 million in compensation to employees last year, informs NOZARE.LV/LETA.

Estonia will face a major milk fine

Estonian Minister of Agriculture Ivar Padar told Postimees that Estonia is likely to face a 10-14 million euro milk fine for exceeding the European dairy quota next spring, informs LETA.

Net sales of AS Tallinna Vesi increased, operating profit remains stable

The city of Tallinn water utility AS Tallinna Vesi announced that its net sales of the first half year of 2014 have increased by 1.9% to 26.68 million euros, compared to the same period last year while operating profit remained stable, informs LETA.

Financial support for the European SMEs: first round announced

SME’s business plans can be financed from EU support and mature into real products and services, generating growth and jobs for member states’ economies. In the first round there are 155 SMEs selected from 21 member states (out of over 2,6 thousand applications); one from Latvia and 2 from Estoni...

Norway registers highest HDI; Latvia 48th - United Nations

The highest Human Development Index (HDI) has been registered in Norway, while the lowest - in several African countries, according to the United Nations Development Program's Human Development Report, informs LETA.