Average electricity price on a rise in Latvia
Last week the average electricity price in Latvia went up by 18% and was 147.88 EUR/MWh, as reported by Latvenergo representatives. Last week…
Category: Business
LSA: Ministry of Finance has decided to inflate port costs instead of providing support
The war in Ukraine and anti-Russian and anti-Belarusian sanctions significantly influence Latvian sea ports. Right now they are in dire need of some…
In eleven months Latvia imports 382 800 tonnes of cereals from Russia
In eleven months of 2023 a total of 382 808 tonnes of cereals from Russia went through Latvia’s border checkpoints on the way…
LDz Cargo to auction off 46 freight cars at initial price of EUR 220 000
LDz Cargo, a subsidiary of Latvian Railway, will sell 47 freight cars at an initial price of EUR 220 000 during an auction…
Estonian economic downturn accelerated again in the third quarter
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP…
BNN ANALYSES | Chilly Vilnius and Beijing trade sees a thaw, but spring will not come before end of 2024
Linas Jegelevičius Lithuanian and Chinese officials are talking about defrosting diplomatic relations, but a political spring will not come before the Lithuanian parliamentary…
Olainfarm to grow base capital by nearly five million euros
Latvian medicines manufacturer Olainfarm has plans to grow its base capital by nearly five million euros in order to ensure future development of…
Minister warns Latvia will have to raise excise tax because of 12% VAT rate for fruits and vegetables
In order to adopt a 12% VAT rate for fruits and vegetables in Latvia next year, it will be necessary to find an…
Estonia: average monthly gross wages reach 1 812 euros in Q3, median at 1 500 euros
According to Statistics Estonia, in the third quarter of 2023, the average monthly gross wages and salaries were 1 812 euros, which is…
