Lithuanian company fined USD 6.1 million for involving western actor in CBD advertising
A court in the US has ordered Lithuanian company Mediatonas to pay 6.1 million US dollars (5.25 million euros) for unauthorised use of…
Category: Business
Baltic States plan to agree on unified mechanism to secure stable gas supplies
Latvia, Lithuania and Estonia plan to reach an agreement on a single mechanism to secure gas supplies, according to legislative acts passed by…
Estonia marks second fuel price record in one week
In an upset to Estonian drivers of combustion engine vehicles the fuel prices in the country continue to rise at record pace. On…
Buy two nights, get one for free. Lithuania is creative in subsidising tourism this autumn
Lithuania fighting another wave of the pandemic is aware of its potentially serious effects on the tourism sector, therefore a creative way of…
Electricity prices in Latvia reach the peak since market liberalization
In September the average monthly price reached 123.50 EUR/MWh, which is 41.4% more when compared to August. This is the highest electricity price…
Losses of Latvian airBaltic air line down to EUR 61.515 million in first half of 2021
The turnover of Latvian airBaltic airline was EUR 49.963 million in the first half-year, which is 41.6% when compared to the first half-year…
Week in Lithuania: President calls for new EU migration policy, part of Vilnius Great Synagogue unearthed
Last week, the top news stories in Lithuania were the President calling for reviewed EU migration policy, the unearthing of the Vilnius Great…
Latvian company Dižozols Investments implements one of the biggest investment attraction projects in the Baltics
Latvian company Dižozols Investments has implemented one of the biggest investment attraction projects in the Baltic States. By using crowdfunding platform Crowdestor, the…
CSP: average wages in Latgale 36% below wages in Riga
In Q2 2021 the average monthly gross wages and salaries for full-time work comprised EUR 1 237. Compared to Q2 2020, the average…
