Latvian sea ports see a 19.6% drop in handled freight last year
In 2023 Latvian sea ports handled a total of 38.655 million tonnes of freight, which is 19.6% less when compared to 2022, according…
Category: Business
Lithuanian aviation experts doubt benefits from possible acquisition of influence over airBaltic
Lithuania would not secure influence by acquiring a small percentage of shares in Latvian national airBaltic airline, aviation experts admit. The head of…
Competition Council invites food producers to report retailers’ unfair conditions
Latvian Competition Council (KP) invites food producers to not be afraid and report retailers’ unfair conditions, said KP Chairman Juris Gaiķis in an…
Zunda Towers in Pārdaugava put on sale for EUR 220 million
The Zunda Towers project in Pārdaugava is put on sale for 220 million, according to the announcement on the page of Sotheby’s International…
Latvian farmers concerned about impact of frost on winter crops
Farmers in Latvia are worried about the impact the intense frost will have on winter crops, as LETA was told by interviewed agricultural…
Profits of Latvian financial institutions reach 657.2 million in 11 months
In 11 months of 2023 Latvian monetary financial institutions, mainly banks, operated with profits of EUR 657.2 million, which is 2.2 times more…
Construction costs in November up 1.7% in Latvia
In November 2023 construction costs in Latvia went up by an average of 1.7% when compared to the same period of 2022, according…
BNN ANALYSES | 2024 ushers in changes for state workers, pensioners, debtors and many others in Lithuania
Linas Jegelevičius New Year is around the corner and 2024 ushers in a slew of novelties to be felt by most Lithuanians. However,…
Latvian goods often applied with bigger price markup than foreign goods
In regards to the situation in the food sector and growing retail prices, Latvian Competition Council (KP) has concluded the second part of…
