Devold, together with two Lithuanian food cooperatives, will become the first investors in the Panevezys industrial park in central Lithuania. The three companies are said to be planning to invest a total of over 60 million litas (17.4 million euros) and create 470 jobs on three land plots tot...

The 10-year contract between the Norwegians and the state-owned company Klaipedos Nafta is expected to be signed in February, and the terminal is to be launched by the end of 2014, Klaipedos Nafta said in its statement. “We are very pleased to announce that we have made a very significan...

Moritz to blitz the field, leaving almost two seconds between himself and second-place getter Ben Sandford of New Zealand. Narrowly missing out on a place on the podium was older brother Tomass, who came home fourth, equal with Germany’s Frank Rommel. Matthew Atoine of the USA claimed the...

What is concocted in the labs finds its way to end-users through the local pharmacy. In Latvia there are around 780 ‘general pharmacies,’ or ‘Aptiekas,’ in Latvian, offering the medicines, pills, compounds - the last ‘deal’ - of this complicated industry mach...

“The granting of assistance in the framework of new programs under the European Stability Mechanism (ESM) will be conditional, as of March 1, 2013, on the ratification of this treaty,” says the draft text, which is being prepared for a Jan. 30 EU summit due to give its approval. Ne...