Average consumer price level in Latvia up by 0.7% in 2024
In July 2024, compared to July 2023, the average level of consumer prices increased by 0.7%, according to the latest data of the…
Category: Business
Strategic investor shows interest for airBaltic shares
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
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
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
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
Riga municipal public transport company Rīgas satiksme LLC will spend EUR 9.9 million to purchase another 17 electric buses, as reported by the…
Will fuel prices unavoidably go up in the near future?
The adoption of the legislative draft on transport energy, which obliges fuel suppliers to increase the share of renewable energy in their energy…
State-appointed Ventspils port management company closing down. What went wrong?
Latvian state company Ventas osta will cease operations in Ventspils. The company functioned for four years, large amounts of money were allocated to…
LMT President: competition should be done with service quality, not loud announcements
Competitors should compete with service quality and variety instead of loud announcements on the media, LETA was told by Latvijas Mobilais Telefons LLC…
