“Inter IKEA Group” acquires “IKEA” retailers in Baltic States
“Inter IKEA Group”, which includes Sweden’s “IKEA of Sweden”, has acquired furniture retailer “IKEA” retailers in Baltic States. The deal includes three full-size…
Category: Business
How important are cryptocurrencies in today’s world?
Sponsored content In the past decade, cryptocurrencies have evolved from an obscure technological experiment to a disruptive force shaping global finance, technology, and…
Four Latvian companies included in “Top 30” most valuable Baltic businesses
Four Latvian companies have been included in the “Top 30” list of most valuable Baltic businesses, according to the list composed by investment…
Prosecution office finds no illegalities in government’s decision to slash airBaltic capital
The prosecutor’s office has found no illegalities with Latvian government’s decision to support the reduction of capital of Latvian national airBaltic airline. The…
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…
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…
