Rising excise duties on alcohol in Latvia may fuel smuggling, retailers warn
An increase in excise duties on alcoholic beverages and tobacco products will pose serious challenges for retailers, said Raimonds Okmanis, Chairman of the…
Category: Business
“Rīgas meži”: The forestry sector will continue to be affected by geopolitical and economic challenges
The forestry sector will continue to be influenced by geopolitical and economic challenges, while a significant paradigm shift is emerging in the understanding…
Agricultural conditions in Latvia are becoming increasingly challenging each year, expert says
The situation in Latvian agriculture is becoming more complicated with each passing year, primarily due to climatic conditions, said Juris Lazdiņš, Chairman of…
Ministry of Transport warns: Public talk of rail dismantling sends sharp signals to the transit industry
There are currently no threats in Latvia that would require the dismantling of railway tracks near the eastern border, but restricting rail infrastructure…
10.95 million euros scammed from clients of Latvia’s four largest banks in 11 months
Clients of Latvia’s four largest banks lost a total of 10.954 million euros to fraud over the first 11 months of this year…
BNN IN FOCUS | For years, Russia has seen our cargo — Latvia finally promises to stop this and move to Western solutions
By Ilona Bērziņa Latvian Railways (LDz) plans to completely abandon the use of the automated operational transport management system (APOVS) produced in Russia…
LVM Timber price reduction in Latvia – support or market adjustment?
The government’s decision to adjust three-year contract prices set by JSC Latvijas valsts meži (LVM) helped stabilize the sector at a critical moment,…
“Rīgas karte” has long been a source of scandals and excessive costs — liquidation proposed, Kleinbergs says
The Riga City Council’s Finance and Administration Affairs Committee will on Thursday decide on terminating the operations of SIA Rīgas karte, the municipality…
Ventspils Freeport begins electrification of ferry berth – the project will cost more than 4 million euros
The Ventspils Freeport will build an onshore power supply connection point for ships at the ferry berth for 4 million euros, the Freeport…
