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…
Category: Business
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…
From makers to importers: Latvian beer industry reaches historically the lowest level
Latvian beer industry is currently at its historically lowest point. We have gone from beer makers to beer importers, said Latvian Society of…
Olainfarm announces name change
Latvian medicines manufacturer Olainfarm JSC plans to change its name to Olpha, as confirmed by Olainfarm board chairman Juris Bundulis. “Re-branding in the…
Central Laboratory reports severe drop in turnover of profits after Covid-19 pandemic
In 2023, Central Laboratory LLC operated with turnover of EUR 33.51 million, which is 50% less when compared to 2022. The company’s profits…
Riga City Council concerned about Andrejsala developer’s uncoordinated activities
Riga municipality intends to request explanations from Andrejsala developer and investor, real estate developer company Eagle Hills for possible arbitrary action and non-compliance…
