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…
Category: Business
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…
Estonia’s GDP contracted by 2.1% in Q1
According to Statistics Estonia’s preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the first quarter of 2024. The…
DIO announces increase of plastic packaging deposit fee
Starting with the 1st of June 2024 it is planned to increase the deposit fee for plastic packaging for beverage manufacturers, according to…
In 2023, Estonia’s exports per capita were below the EU average
In 2023, Estonia’s exports of goods amounted to 18.2 billion euros and imports to 21.2 billion euros at current prices. Exports decreased by…
Latvia behind Estonia and Lithuania capital market development-wise, INVL says
When it comes to capital market development, Latvia is approximately five years behind Estonia and Lithuania, as LETA was told by “INVL Asset…
Rise in construction prices in Estonia in 1Q was held back by lower costs for materials and machinery
According to Statistics Estonia, in the first quarter of 2024, the construction price index increased by 0.2% compared with the fourth quarter of…
Association: ban on fur farming requires a fair compensation mechanism
The ban on fur farming requires a fair compensation mechanism, says Sandra Vilciņa, Executive Director of the Animal Breeders Association of Latvia (LZA)….
