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…
Category: Business
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…
PM criticises Ministry of Transport for delays in port sector reorientation
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
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
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
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
The merger between technology companies LLC “Tet” and LLC “Latvijas mobilais telefons” (LMT) will lead to a greater distortion of competition in the…
German H. & J. Brüggen KG acquires 50% of Rīgas dzirnavnieks capital
German cereal products producer H. & J. Brüggen KG has become the co-owner of Latvian Rīgas dzirnavnieks grain processing company by acquiring 50%…
Bolt Food to adopt stricter hygiene checks
The food delivery platform Bolt Food will offer caterers stickers for sealing food packages and will check the hygiene of couriers and the…
