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Category: Business

BNN INTERVIEW | Kulbergs: How conflicts, incompetence and civil service have brought Rail Baltica to the brink of collapse

12.08.202410.10.2024 Ogres

After the audit report that detailed how the costs of Rail Baltica project have quadrupled, it seemed there would be no more shocking…

Circle K Latvia and Astarate Nafta merger: a decision is expected soon

12.08.202414.10.2024 Ogres

On the 7th of August, Latvian Competition Council received a notification regarding the merger between Circle K Latvia LLC and Astarte Nafta LLC….

Commission: Rail Baltica “went off the rails” in 2013 – 2014

09.08.202415.10.2024 Ogres

The railway project Rail Baltica “went off the rails” in the years 2013 – 2014 when developing an alternative solution that is not…

Average consumer price level in Latvia up by 0.7% in 2024

08.08.202416.10.2024 Ogres

In July 2024, compared to July 2023, the average level of consumer prices increased by 0.7%, according to the latest data of the…

Strategic investor shows interest for airBaltic shares

24.07.202418.10.2024 Ogres

Some strategic investor showed an interest for shares of Latvian national airBaltic airline before the potential initial public offer, as Minister of Transport…

Valainis: Latvia cannot afford to hit a dead end in talks about the future of Tet and LMT

19.07.202419.10.2024 Ogres

In negotiations with Swedish Telia Company (Telia) about the future of telecommunications company Tet and mobile communications and technologies company Latvijas mobilais telefons…

Voluntary certification proposed to battle grey car service centres in Latvia

10.07.202419.10.2024 Ogres

The grey car service sector accumulates nearly EUR 200 million every year, as reported by Automotive Association with reference to results of a…

Lithuanian Court of Appeal: Klaipeda port must pay Latvian BMGS 500 000 euros

09.07.202420.10.2024 Ogres

Klaipeda port authority will need to pay Latvian construction company BMGS JSC nearly half a million euros for additional work during the reconstruction…

Rīgas satiksme to purchase another 17 electric buses for 9.9 million euros

01.07.202421.10.2024 Ogres

Riga municipal public transport company Rīgas satiksme LLC will spend EUR 9.9 million to purchase another 17 electric buses, as reported by the…

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