Estonia’s economy contracted by 2.4% in Q1
According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period…
Category: Business
“It feels as though the state doesn’t need our jobs”, Bio-Venta turns to state president
“We cannot understand how we can discuss the green course, bio-fuel and development of this sector if the state that has the biggest…
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…
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…
