This week it has been confirmed that one of Estonia’s largest real estate agencies, Ober-Haus, is experiencing some potentially devastating problems. The agency was founded by a businessman from the U.S.A, Paul Oberschneider, who then sold the business on to the Realia Group, a Finnish real estate giant. However, this sale was made before...
This summer looks set to be a scorcher for many hotels in Tallinn, Estonia’s capital. Larger hotels are hoping to blast former sales records through the roof due to increased occupancy rates, which were 97.3% last year and 95% the year before that. If all goes to plan, this year that figure should be...
airBaltic have approved the appointment of Martin Sedlacky as the new Cheif Operations Officer and Member of the executive board. Mr Sedlacky has a strong background in the airline business having been employed in restructuring airlines systems through central and eastern Europe, Scandinavia, Singapore, Malaysia and America. Working on consultancy projects advising in transportation...
Latvia’s Transport Minister, Aivis Ronis, has had a busy week in the United States. Minister Ronis has been promoting the essential qualities provided by Port of Riga. Since 2001 the Northern Distribution Network (NDN), dubbed the new silk road, has utilised the strategic position and unarguably rising efficiency of Port of Riga as an...
Bank Parex to Reverta. Branding one item to another is a key step in many situations for example especially in Banks where recently the re-branding of the Bank Parex to Reverta. The coming of Reverta is believed to cost in the order of over 20,000 Euros. “Parex is associated with words like crash, crisis and...
16th to 28th July 2012 the Vytautas Magnus University (VMU) in Kaunas, Lithuania will be holding a course entitled ‘Refresh in Lithuania’. The course is to be aimed at Lithuanians currently living in Lithuania or those who have moved abroad who wish to rediscover a connection to the traditions and heritage of their native...
