23 investors compete for LMT and Tet as Latvia nears landmark telecom deal
The Latvian government is holding advanced negotiations with 23 potential investors over participation in the planned acquisition of LMT (Latvijas Mobilais Telefons) and…
Category: Business
Fitch places airBaltic on negative rating watch, warning of possible default
International credit rating agency Fitch Ratings has placed both Latvia’s national airline airBaltic and its secured bonds on Negative Rating Watch, according to…
“It’s absurd!” Pellet shortages return to Latvia as prices keep rising, minister responds
Latvia’s pellet producers must give priority to meeting domestic demand, Climate and Energy Minister Jānis Vitenbergs said on Wednesday after meeting representatives of…
Russia cashes in: Fertilizer exports generate billions for the aggressor state
The European Union’s ban on the transit of Belarusian mineral fertilizers through EU member states is generating hundreds of millions—and potentially billions—of U.S….
BNN Interview | “Latvia Still Lives in the Role of a Servant.” Leonīds Loginovs Speaks Bluntly About Transit, Sanctions and Fertilizers
Ilona Bērziņa “Latvia always wants to run ahead of the train. It is a characteristic national trait—or perhaps a national flaw, depending on…
What Was Leaked After the Cyberattack on Latvijas valsts meži? Cert.lv Explains
So far, the attacker has leaked 44 gigabytes of data stolen during the cyberattack on Latvijas valsts meži (LVM), although the total volume…
Latvia becomes one of Europe’s leading drone hubs, new study finds
More than 200 companies developing defence and dual-use technologies are currently operating in the Baltic states, according to the first landscape of this…
Gas bills in Latvia set for changes as Conexus plans tariff increase
Latvia’s unified natural gas transmission and storage operator, AS Conexus Baltic Grid (Conexus), plans to increase natural gas transmission system service tariffs from…
Latvenergo issues 300 million euros in Green Bonds
Latvia’s state-owned energy company Latvenergo issued 300 million euros worth of seven-year unsecured European Green Bonds on the 16th of June, according to…
