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Category: Business

Four Latvian companies included in “Top 30” most valuable Baltic businesses

11.12.202412.12.2024 Ogres

Four Latvian companies have been included in the “Top 30” list of most valuable Baltic businesses, according to the list composed by investment…

Prosecution office finds no illegalities in government’s decision to slash airBaltic capital

06.12.202407.12.2024 Ogres

The prosecutor’s office has found no illegalities with Latvian government’s decision to support the reduction of capital of Latvian national airBaltic airline. The…

Average gross earnings reach EUR 1 703 in Latvia; most rapid growth observed in Zemgale

28.11.202429.11.2024 Ogres

In Q3 2024 average gross wages and salaries (in full-time units) amounted to EUR 1 703. Over the year gross monthly earnings have…

Bank of Latvia Governor: inflating the state debt will not help solve problems

25.11.202425.11.2024 Ogres

Growing the state debt even more will not help resolve Latvia’s problems, said Governor of the Bank of Latvia Mārtiņš Kazāks in an…

PM criticises Ministry of Transport for delays in port sector reorientation

22.11.202422.11.2024 Ogres

Prime Minister Evika Siliņa (JV) on Thursday criticised the delay in presenting a clear reorientation plan for Latvia’s ports and logistics sector at…

There are three scenarios for the future of Tet and LMT, says Latvian PM Siliņa

20.11.202420.11.2024 Ogres

The government has three scenarios on how to move forward on the issue of the future of technology companies Tet LLC and Latvijas…

LMT President: Latvia’s future needs a new investor, Telia’s indecisiveness threatens growth potential

04.11.202405.11.2024 Ogres

Negotiations between the Latvian government and the telecommunications company LLC “Latvijas mobilais telefons” (LMT) and the second shareholder of LLC “Tet” – Swedish…

Beekeepers sound the alarm: we eat fake Chinese products and locally made honey is left to gather dust

30.10.202431.10.2024 Ogres

Beekeeping is a profession that has centuries-long history in Latvia. And it is in a critical state right bow. For years (five, to…

Bite Latvia Director: Tet and LMT merge will create a monopoly the auspices of the state

17.10.202417.10.2024 Ogres

The merger between technology companies LLC “Tet” and LLC “Latvijas mobilais telefons” (LMT) will lead to a greater distortion of competition in the…

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