LDz may request EUR 26 million from Latvia to cover losses
In order to cover losses of last year, Latvian Railway (LDz) may request EUR 26 million from the state, as LETA was told…
Category: Business
Latvian minister writes off political interference in airBaltic: “The council will evaluate Gauss’ work”
Latvian Minister of Defence Kaspars Briškens will not give airBaltic’s new council any hints or orders to replace the airline’s CEO Martin Gauss,…
Latvian government decides to replace airBaltic council
Latvian Ministry of Transport and the council of airBaltic have agreed to dissolve the existing airline council on the 11th of February, according…
Latvian ski resorts remain open despite poor weather conditions
The ski resorts in Latvia currently have no plans to close down because of adverse winter weather conditions, as LETA was told by…
Swedish forestry giant “Sodra” plans to sell 153 000 ha of woods in Baltic States
Sweden’s largest forest owners association and forest industry group “Sodra” plans to sell forest properties and related businesses in the Baltic States, according…
Latvia’s TOP List of Crises: Rail Baltica problems and public outrage over board members’ wages
The situation regarding the financing of Rail Baltica and the construction of the connection with Riga, as well as outrage over the disproportionate…
“The noise is only in Latvia” – Gauss worried local backlash may hurt airBaltic IPO
Spring could be an appropriate time for Latvian national airline airBaltic to enter the stock market, said CEO of airBaltic Martin Gauss in…
KNAB to investigate airBaltic CEO’s possible conflict of interest
Latvian Corruption Prevention and Combating Bureau (KNAB) has commenced an investigation in order to assess the compliance of the actions of Martin Gauss,…
Latvian government slow to decide airBaltic CEO’s fate – delegates decision to shareholders
On Monday, the 6th of January, parties of the ruling coalition in Latvia failed to decide on the replacement of the CEO of…
