Triumph for Latvian gastronomy: 34 restaurants included in the “Michelin Guide 2026”
A total of 34 Latvian restaurants have been included in the 2026 edition of the international gastronomic guide Michelin Guide, including three new…
Category: Business
Netherlands’ Ingka Investments to become Latvia’s largest private forest owner
The Swedish forest owners’ association Södra will sell its Baltic land holdings — a total of 153,000 hectares — for €720 million to…
Ventspils Freeport’s sector-oriented investment strategy receives international recognition
Each year, the UK-based international investment publication fDi Intelligence releases its “Global Free Zones of the Year” report, evaluating the performance and impact…
Cargo volume at the Port of Ventspils increases by 15% in nine months
In the first nine months of 2025, terminals operating at the Freeport of Ventspils handled a total of 6.5 million tonnes of cargo,…
RB Rail management warns: without state funding, Rail Baltica oversight is at risk
The Baltic states must urgently agree on a clear financing model for the joint venture AS RB Rail, otherwise the oversight of the…
Ports will not return to former levels: Štrodaha on new business models
Cargo turnover in Latvian ports is unlikely to return to its previous levels in the coming years, Elīna Štrodaha, a board member of…
Latvia partners with German giant Rheinmetall on 275 million euros artillery ammunition plant
On Thursday, a memorandum of understanding was signed in Germany for the establishment of a Rheinmetall munitions factory in Latvia, Prime Minister Evika…
Latvia loses 67 million euros to contraband cigarettes – consumption rising rapidly
Losses to the state budget from illicit cigarette trade reached 67 million euros in 2024, marking a 31% increase compared to the previous…
Analysts predict a drop in oil prices this fall
Various analysts believe that September will bring several factors that will lower crude oil prices on the world market. Although at the end…
