43 million euros jointly: court delivers landmark ruling in the “Krājbanka” case
The Riga Regional Court has upheld the claim of the liquidated joint-stock company Latvijas Krājbanka (“Krājbanka”) against nine former bank officials, ruling that…
Category: Business
Valdis Andersons elected Chairman of the Board of the Freeport of Ventspils
At the first meeting of the Board of the Freeport of Ventspils in 2026, Valdis Andersons was appointed Chairman of the Board. Andersons…
“Amber Latvijas balzams” seeks legal protection – State Revenue Service freezes accounts
The beverage producer AS Amber Latvijas balzams has submitted an application to the Riga City Court seeking the initiation of a legal protection…
Overtime, wages and downtime: why the Labour Law dispute has become critical for Latvia’s economy
A compromise with trade unions on amendments to the Labour Law must be found, and negotiations should not be suspended once again, Latvian…
The construction cartel case returns to Parliament – dispute over secret recordings
The Saeima’s Legal Affairs Committee will consider the issue of whether materials from operational cases may be used in other proceedings, according to…
Cartels seen by all, but no longer provable? Supreme court ruling shakes established practice
While society awaits clear answers on how cartels and behind-the-scenes agreements among major businesses will be tackled in Latvia, public debate is increasingly…
Ministry of Transport requests urgent cost estimates for conservation of Rail Baltica bridge pillar
The Ministry of Transport (MoT) has instructed the national implementer of the Rail Baltica project in Latvia, Eiropas dzelzceļa līnijas (EDzL), to submit…
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…
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…
