The Baltics Today

Posts under ‘The Baltics’

President returns amended regulation on microenterprise tax to Saeima for revision

President Raimonds Vejonis today returned the amended Law on Microenterprise Tax to Saeima for revision. The president believes that the regulation offered by Saeima is flawed and contradicts earlier decision on which entrepreneurs and society had counted, LETA was told at the president’s office

airBaltic sets out to become biggest carrier in Tallinn

Latvian national airline airBaltic has set a goal to become the biggest carrier in Tallinn Airport and the company has also abandoned the plan to buy Russian planes, informs LETA/BNS.

Rietumu Bank achieves ‘Best Again’ according to SPEAR’S Russia Magazine

Yesterday, at the SPEAR’S Russia Wealth Management awards ceremony, the prize for the nomination of ‘Best Private Bank in the CIS and Baltic States’ was awarded to Rietumu Bank. Within the competition’s framework, its authoritative and professional jury selected the best representatives from priv...

Exadel to quadruple its Lithuanian team as part of €19 million investment

As the new Vilnius office of Exadel, an international software engineering company, opens its doors, the company has announced ambitious plans to grow its operations in Lithuania. The US-based company currently employs over 50 specialists in Lithuania, and is now planning to recruit a further 150...

Veolia’s Vilnius co fails to pay Danpower Baltic for heat energy

With its accounts being frozen by a court, Vilniaus Energija (Vilnius Energy), a local district heating supplier controlled by France's Veolia, is not paying Danpower Baltic, a German-Lithuanian joint venture, for the heat energy its has produced, reported LETA/BNS.

President Vejonis to promulgate legislation on teachers’ loyalty

President Raimonds Vejonis decided today to promulgate controversial amendments to the Education Law that, among other things, will allow sacking teachers for disloyalty to the Latvian state.