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Category: Business

Lidl chain store finally announces opening date in Latvia

07.10.2021 Ogres

Chain store company Lidl has announced plans to open 15 stores in Latvia on Thursday, 7 October. Lidl will open stores in Riga,…

Lithuanian company fined USD 6.1 million for involving western actor in CBD advertising

07.10.202107.10.2021 Ogres

A court in the US has ordered Lithuanian company Mediatonas to pay 6.1 million US dollars (5.25 million euros) for unauthorised use of…

Baltic States plan to agree on unified mechanism to secure stable gas supplies

07.10.2021 Ogres

Latvia, Lithuania and Estonia plan to reach an agreement on a single mechanism to secure gas supplies, according to legislative acts passed by…

Estonia marks second fuel price record in one week

07.10.202107.10.2021 Ogres

In an upset to Estonian drivers of combustion engine vehicles the fuel prices in the country continue to rise at record pace. On…

Buy two nights, get one for free. Lithuania is creative in subsidising tourism this autumn

07.10.2021 Ogres

Lithuania fighting another wave of the pandemic is aware of its potentially serious effects on the tourism sector, therefore a creative way of…

Electricity prices in Latvia reach the peak since market liberalization

07.10.2021 Ogres

In September the average monthly price reached 123.50 EUR/MWh, which is 41.4% more when compared to August. This is the highest electricity price…

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…

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