Maxima Latvija has long engaged in unfair practices against suppliers, Competition Council finds
The Competition Council (KP) has imposed a fine of 1.873 million euros on retail chain SIA Maxima Latvija for violations of the Unfair…
Category: Business
Competition Council imposes 1.8 million euros fine on one of Latvia’s largest food retailers
The Competition Council (KP) has imposed a fine of more than 1.8 million euros on one of Latvia’s largest food retail companies for…
Major transformations ahead for Riga Airport
Riga Airport’s development plan for 2025–2050 foresees runway and airfield modernisation, including new taxiways, a southern apron and modern de-icing areas, the airport…
Russian airlines accumulate debts to Latvia
Russian airlines are failing to make regular payments for the air navigation services provided by Latvijas gaisa satiksme (LGS) — Latvia’s state-owned air…
The end of “tasty” e-cigarettes: Court confirms flavour ban
The Constitutional Court has ruled that provisions restricting the addition of flavours to electronic smoking devices comply with the Constitution. Two companies—Pro Vape,…
Triumph for Latvian gastronomy: 34 restaurants included in the “Michelin Guide 2026”
A total of 34 Latvian restaurants have been included in the 2026 edition of the international gastronomic guide Michelin Guide, including three new…
Netherlands’ Ingka Investments to become Latvia’s largest private forest owner
The Swedish forest owners’ association Södra will sell its Baltic land holdings — a total of 153,000 hectares — for €720 million to…
Ventspils Freeport’s sector-oriented investment strategy receives international recognition
Each year, the UK-based international investment publication fDi Intelligence releases its “Global Free Zones of the Year” report, evaluating the performance and impact…
Cargo volume at the Port of Ventspils increases by 15% in nine months
In the first nine months of 2025, terminals operating at the Freeport of Ventspils handled a total of 6.5 million tonnes of cargo,…
