Transit ban could cost hundreds of millions – stevedoring companies urge Saeima not to rush
In connection with the draft Saeima decision “On the immediate suspension and future prevention of imports into Latvia, including transit through Latvia, of…
Category: Business
Latvian ports are not refusing to accept domestic grain
The Ministry of Transport has no information about Latvian ports refusing to accept domestic grain, the ministry told BNN. Companies providing transportation services…
Estonia puts Omniva up for sale – auction starting price set at 52 million euros
Estonia on Friday launched a public sealed-bid auction for the sale of shares in the state-owned postal company Eesti Post, operating under the…
airBaltic agrees on financing of up to 257 million euros – interest rate set at 25% per year
Latvia’s national airline airBaltic has agreed with certain existing bondholders and third-party financing providers on the terms of bridge financing of up to…
Latvian company whose glass is used even at the Louvre sold for 62.5 million euros
US company Apogee Enterprises will acquire Latvian high-tech glass coating manufacturer Groglass for 62.5 million euros. Groglass develops and manufactures innovative anti-reflective glass…
Is it safe to buy airBaltic tickets? Tallinn Airport representative gives his assessment
Latvia’s national airline airBaltic needs to make changes in order to survive, but there is no reason to fear that flights will be…
BNN Interview | Cargo does not disappear — it goes to competitors. Latvia is losing millions and its place on the transit map
Ilona Bērziņa Latvia’s ports are still financing themselves, while the railway is already being supported by taxpayers. A shortage of funding is not…
Bite warns of changes in Latvia’s telecommunications market – customers could also feel the impact
The biggest challenge currently facing the telecommunications industry is unfair competition, Mindaugas Rakauskas, CEO of mobile operator Bite Latvija, told the news agency….
Food rotting in closed stores as MERE crisis reaches 1.52 million euros
The Latvian Traders Association (LTA) reports that, according to the latest available data, the value of Latvian businesses’ frozen funds and goods tied…
