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Category: Business

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,…

Latvian government slow to decide airBaltic CEO’s fate – delegates decision to shareholders

07.01.202510.01.2025 Ogres

On Monday, the 6th of January, parties of the ruling coalition in Latvia failed to decide on the replacement of the CEO of…

ZZS: Martin Gauss has lost all trust and may no longer remain CEO of airBaltic

03.01.202503.01.2025 Ogres

Martin Gauss, Chairman of the Board of the Latvian national airline airBaltic, has lost the trust of the Union of Greens and Farmers…

Society no longer trusts airBaltic – minister suggests changing management

03.01.202504.01.2025 Ogres

Latvian national airline “airBaltic” needs new management, said Latvian Minister of Economics Viktors Valainis in his interview to Latvijas Radio on Friday, the…

airBaltic announces cancellation of several thousand flights this summer

02.01.202503.01.2025 Ogres

This summer, the Latvian national airline airBaltic will discontinue flights on 19 routes due to engine maintenance delays, canceling a total of 4…

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