It was reported on Reuters that the Lithuanian government encouraged utility company Leituvos Dujos shareholders to seek arbitration against natural gas supplier Gazprom. Voting was held on Thursday to force Gazprom to reduce its prices. Lithuania currently pays some of the highest utility prices in Europe, much higher than paid by her nearest neighbours...
Earlier this year Estonia invested in 500 hundred electric cars and charging equipment, simultaneously some of Estonia’s main petrol station chains committed to installing charging points. Those charging points are now being put to the test as the ‘Tallinn – Monte Carlo Electric Race 2011’ started today in Tallinn, Estonia. The cars will be...
Latvian cosmetic company, Dzintars, plans to open more shops abroad via the franchise system. Recently Dzintars 13th franchise shop in Russia was opened in Izhevsk. There are 49 Dzintars shops in Latvia, 13 in Russia, 2 in Estonia, 1 in Georgia and 1 in Ukraine. The company is reported to have turned over LVL...
