Producer prices in Latvia rise against the EU-wide trend
Industrial producer prices in Latvia increased by 1.4% in November last year compared with November 2024, placing Latvia among the 13 European Union…
Category: Business
The notorious Rail Baltica bridge pillar in the Daugava will be put into conservation for several years
The Rail Baltica bridge pillar driven into the River Daugava will be conserved this year, while its “deconservation” is most likely to take…
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…
“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,…
