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Category: Business

Bite warns of changes in Latvia’s telecommunications market – customers could also feel the impact

17.08.202617.08.2026 Ogres

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

10.08.202610.08.2026 Ogres

The Latvian Traders Association (LTA) reports that, according to the latest available data, the value of Latvian businesses’ frozen funds and goods tied…

Fuel prices surge as Latvian government urged to prepare support measures

28.07.202629.07.2026 Ogres

Latvia’s government is being urged to prepare potential support measures as fuel prices continue to climb, after Economics Minister Viktors Valainis warned that…

Latvia’s central bank reveals what’s happening with loans and deposits as lending continues to grow

27.07.202627.07.2026 Ogres

Lending in Latvia continued to expand during the first half of 2026, despite rising financial market interest rates and geopolitical uncertainty, according to…

Latvia plans full-cycle artillery rocket manufacturing plant with up to 90 million euro US investment

24.07.202624.07.2026 Ogres

Latvia has taken a significant step towards expanding its defence industry after Economics Minister Viktors Valainis signed a memorandum of understanding on the…

While Baltic ports empty, Russian ports grow richer. Was this really the goal of sanctions?

21.07.202622.07.2026 Ogres

Opinion article Every year, Latvia hears the same message: the state is short of money. There is not enough funding for healthcare, defence,…

Rising oil prices could hit Baltic inflation harder if tensions persist, economist warns

21.07.202622.07.2026 Ogres

Renewed tensions between the United States and Iran have once again raised concerns about a broader conflict in the Middle East, sending oil…

Hungary’s OTP Bank to acquire Baltic lender Luminor

21.07.202623.07.2026 Ogres

Hungary’s OTP Bank is set to enter the Baltic banking market through the acquisition of Luminor Bank, according to a statement published on…

LMT and Tet deal: Latvian PM demands an “easy-to-understand explanation” of the planned transaction

15.07.202615.07.2026 Ogres

Latvian Prime Minister Andris Kulbergs (United List) says he is still not convinced that the planned buyout of shares in Latvijas mobilais telefons…

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