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Category: Business

Analysts predict a drop in oil prices this fall

12.09.202512.09.2025 Ogres

Various analysts believe that September will bring several factors that will lower crude oil prices on the world market. Although at the end…

Caught and fined: Competition council uncovers construction cartel and imposes half-million euro penalty

11.09.202511.09.2025 Ogres

The Competition Council (KP) has imposed a total of 513,508 euros in fines on the companies Adapteris, Alpex, Infrakom, Siltumtehserviss, and Apkure IM…

Ventspils entrepreneurs ready to take part in rebuilding Ukraine’s ports and railways

09.09.202509.09.2025 Ogres

The World Bank has estimated that Ukraine’s reconstruction will require at least 500 billion euros, while Ukraine’s official institutions suggest the figure could…

Head of “Rīgas Siltums” dismissed – board blames inaction during tariff hike

04.09.202504.09.2025 Ogres

The Supervisory Board of AS Rīgas Siltums has expressed no confidence in Chairman of the Management Board Ilvars Pētersons for failing to take…

Will ferry traffic return to Riga? Tallink sets out conditions

02.09.202502.09.2025 Ogres

One of the challenges for restoring ferry traffic from Riga is the lack of a functioning terminal building, the communications director of the…

All gambling halls in Riga threatened with closure – industry raises alarm

28.08.202528.08.2025 Ogres

Following applications by three companies, the Constitutional Court (CC) has initiated a case concerning restrictions on gambling operations in Riga, the court announced….

Lagarde: European economy cannot grow without migrants

25.08.202525.08.2025 Ogres

European Central Bank President Christine Lagarde has said that Europe’s economic growth has been built on immigrant labor, but the rise of populists…

Tet aims to become a billion-euro company by 2030

21.08.202521.08.2025 Ogres

Technology company Tet Ltd. aims to reach a valuation of more than one billion euros by 2030, Tet CEO Uldis Tatarčuks said on…

Opinion: Ventas Osta – a feeding trough that gave nothing to Latvia

20.08.202520.08.2025 Ogres

Opinion article. The government has decided to liquidate JSC Ventas Osta. At first glance, this may seem like a technical step – the…

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