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Category: Business

Ivars Landmanis appointed to board of railway freight carrier Baltic Express

27.01.202527.01.2025 Ogres

Ivars Landmanis has been appointed to work in the Board of Baltic Express. The reason for this was the departure of Swiss citizen…

LDz may request EUR 26 million from Latvia to cover losses

24.01.202525.01.2025 Ogres

In order to cover losses of last year, Latvian Railway (LDz) may request EUR 26 million from the state, as LETA was told…

Latvian minister writes off political interference in airBaltic: “The council will evaluate Gauss’ work”

23.01.202523.01.2025 Ogres

Latvian Minister of Defence Kaspars Briškens will not give airBaltic’s new council any hints or orders to replace the airline’s CEO Martin Gauss,…

Latvian government decides to replace airBaltic council

21.01.202521.01.2025 Ogres

Latvian Ministry of Transport and the council of airBaltic have agreed to dissolve the existing airline council on the 11th of February, according…

Latvian ski resorts remain open despite poor weather conditions

14.01.202514.01.2025 Ogres

The ski resorts in Latvia currently have no plans to close down because of adverse winter weather conditions, as LETA was told by…

Swedish forestry giant “Sodra” plans to sell 153 000 ha of woods in Baltic States

13.01.202513.01.2025 Ogres

Sweden’s largest forest owners association and forest industry group “Sodra” plans to sell forest properties and related businesses in the Baltic States, according…

Latvia’s TOP List of Crises: Rail Baltica problems and public outrage over board members’ wages

08.01.202508.01.2025 Ogres

The situation regarding the financing of Rail Baltica and the construction of the connection with Riga, as well as outrage over the disproportionate…

“The noise is only in Latvia” – Gauss worried local backlash may hurt airBaltic IPO

08.01.202509.01.2025 Ogres

Spring could be an appropriate time for Latvian national airline airBaltic to enter the stock market, said CEO of airBaltic Martin Gauss in…

KNAB to investigate airBaltic CEO’s possible conflict of interest

07.01.202508.01.2025 Ogres

Latvian Corruption Prevention and Combating Bureau (KNAB) has commenced an investigation in order to assess the compliance of the actions of Martin Gauss,…

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