Multiple banks unsure if they want to sue Latvia over legislative amendments
Luminor Bank has decided not to challenge in court the amendments to the law adopted to support housing loan borrowers, but the other…
Category: Business
In Estonia, output of fish farms increased, prices remained largely unchanged
According to Statistics Estonia, in 2023, aquaculture enterprises (fish and crayfish farms) sold 918 tonnes of commercial fish and crayfish, for a total…
Gren to invest 200 million into regeneration power plant in Acone
Gren Group plans to invest EUR 200 million into Latvia by the year 2029. This includes investment into the creation of a regeneration…
Latvian investment environment is weakened, stresses EY partner
In the last 20 years Latvia has not shown a clear focus on attraction of investment, said EY partner, Head of Strategy and…
EY: high costs force businesses to make unpleasant decisions
It should be taken into account that companies may have to make unpleasant decisions about reducing costs, because although inflation is no longer…
Piena loģistika: the only way for dairy industry to receive adequate pay for milk is cooperation
The only way for the dairy industry to receive adequate pay for milk is cooperation, said Piena loģistika dairy farmers’ cooperative Jānis Ločmelis…
Former US ambassador intends to help Riga Fertilizer Terminal break free of sanctions
Former US ambassador to Latvia Charles Larson plans to invest into Riga Fertilizer Terminal LLC, which is currently under sanctions. His plan is…
Latvian airline airBaltic emits bonds worth EUR 340 million
Latvian national airline airBaltic has emitted bonds worth EUR 340 million, as announced by Minister of Transport Kaspars Briškens on X (formerly Twitter)…
Latvian Saeima agrees to acquire airBaltic bonds
The Latvian parliament has agreed to allow the state to acquire airBaltic airline’s bonds. The Saeima agreed with the request from Minister of…
