FinMin announced that it has bought out EUR 1.0bn euro obligations issues, which was issued in 2003 and extended in 2004. The issue had annual coupon of 4.5%. In 2003, Lithuanian government issued EUR 400mn issue, while in 2004 it added another EUR 600mn to the issue. In January, the government issued EUR 400mn issue with maturity of 5 years in foreign financial markets, while in domestic market the government raised LTL 600mn (EUR 173.8mn) since the beginning of February. In 2013, Lithuania plans to borrow up to LTL 7.0bn, of which 25% in the domestic market. |
Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more