Šķēle family’s holding expands capital to almost EUR 80 million
The holding company “Sabiedrība privātajiem ieguldījumiem” LLC owned by ex-Prime Minister of Latvia Andris Šķēle has increased its capital to EUR 79 166…
Category: Business
Ministry of Finance rejects parliamentary inquiry committee’s criticisms about Rail Baltica
Latvian Ministry of Finance categorically disagrees with the final report from Saeima’s parliamentary inquiry committee and the criticisms and conclusions listed in it…
Top 50 biggest Baltic companies rating includes only eight Latvian companies
The Top 50 list the largest Baltic companies published by the international risk management company “Coface” this year includes 26 companies from Lithuania,…
“Inter IKEA Group” acquires “IKEA” retailers in Baltic States
“Inter IKEA Group”, which includes Sweden’s “IKEA of Sweden”, has acquired furniture retailer “IKEA” retailers in Baltic States. The deal includes three full-size…
How important are cryptocurrencies in today’s world?
Sponsored content In the past decade, cryptocurrencies have evolved from an obscure technological experiment to a disruptive force shaping global finance, technology, and…
Four Latvian companies included in “Top 30” most valuable Baltic businesses
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
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
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
Growing the state debt even more will not help resolve Latvia’s problems, said Governor of the Bank of Latvia Mārtiņš Kazāks in an…
