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Category: Business

Losses of Latvian airBaltic air line down to EUR 61.515 million in first half of 2021

09.09.2021 Ogres

The turnover of Latvian airBaltic airline was EUR 49.963 million in the first half-year, which is 41.6% when compared to the first half-year…

Week in Lithuania: President calls for new EU migration policy, part of Vilnius Great Synagogue unearthed

09.09.2021 Ogres

Last week, the top news stories in Lithuania were the President calling for reviewed EU migration policy, the unearthing of the Vilnius Great…

Latvian company Dižozols Investments implements one of the biggest investment attraction projects in the Baltics

09.09.2021 Ogres

Latvian company Dižozols Investments has implemented one of the biggest investment attraction projects in the Baltic States. By using crowdfunding platform Crowdestor, the…

CSP: average wages in Latgale 36% below wages in Riga

09.09.202109.09.2021 Ogres

In Q2 2021 the average monthly gross wages and salaries for full-time work comprised EUR 1 237. Compared to Q2 2020, the average…

BNN INTERVIEW | Harmony leader: it is hard to explain my opinion of PM’s take on transit without cursing

09.09.202109.09.2021 Ogres

Transit is one of the sectors that brings Latvia profits, promotes international competitiveness and provides jobs to thousands of people, but our Prime…

Latvia’s GDP increases 11.1% in Q2 2021

09.09.202109.09.2021 Ogres

In Q2 GDP at current prices was EUR 8.1 billion. As compared to the previous quarter, GDP went up by 4.4 % (according…

Estonian economy rebounded with 12.9% growth in Q2 year-on-year from crisis low

09.09.202109.09.2021 Ogres

The Estonian economy has in the second quarter of 2021 grown by 12.9% compared to the change in its gross domestic product in…

Central Financing and Contracting Agency may cut EU financing to 12 projects involved in construction cartel activities

09.09.202109.09.2021 Ogres

In the scandalous construction cartel case Latvia’s Central Financing and Contracting Agency (CFLA) may cut payments of EU financing to 12 projects, said…

Latvian municipality bans gambling in its territory

09.09.202109.09.2021 Ogres

In central Latvia, the Ķekava Municipality has banned organising gambling in its territory set up in 2021, as part of the administrative and…

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