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Category: Business

All gambling halls in Riga threatened with closure – industry raises alarm

28.08.202528.08.2025 Ogres

Following applications by three companies, the Constitutional Court (CC) has initiated a case concerning restrictions on gambling operations in Riga, the court announced….

Lagarde: European economy cannot grow without migrants

25.08.202525.08.2025 Ogres

European Central Bank President Christine Lagarde has said that Europe’s economic growth has been built on immigrant labor, but the rise of populists…

Tet aims to become a billion-euro company by 2030

21.08.202521.08.2025 Ogres

Technology company Tet Ltd. aims to reach a valuation of more than one billion euros by 2030, Tet CEO Uldis Tatarčuks said on…

Opinion: Ventas Osta – a feeding trough that gave nothing to Latvia

20.08.202520.08.2025 Ogres

Opinion article. The government has decided to liquidate JSC Ventas Osta. At first glance, this may seem like a technical step – the…

Food price memorandum in Latvia’s supermarkets: What really changes in shoppers’ wallets?

13.08.202513.08.2025 Ogres

The food price memorandum has had a positive impact on reducing prices in the basic goods basket, yet this is not reflected in…

OIK recovery – people line up to sign contracts in person

11.08.202511.08.2025 Ogres

Public interest in recovering illegally collected mandatory procurement component (OIK) payments in Latvia continues to grow. Over the weekend, the Tiesiskums.lv (Justice.lv) Lawyers’…

Significant progress made at the site of the Rail Baltica infrastructure maintenance point

06.08.202506.08.2025 Ogres

Significant progress has been made at the construction site of the future Rail Baltica infrastructure maintenance point near Iecava, where intensive earthworks and…

Italy fines fast-fashion retailer Shein 1 million euros

04.08.202504.08.2025 Ogres

The Italian Competition Authority (AGCM) has fined China-based fast-fashion retailer Shein 1 million euros for misleading customers, Reuters reported. This is the second…

Economists: Latvia will not benefit from Trump and Leyen’s tariff agreement

29.07.202529.07.2025 Ogres

The Latvian economy will not benefit from the tariff deal reached by US President Donald Trump and European Commission (EC) President Ursula von…

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