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Category: Business

“The state must not trade its forests!” – Minister Krauze rejects possibility of selling shares in “Latvijas valsts meži”

10.07.202510.07.2025 Ogres

The joint-stock company Latvijas valsts meži (LVM) must remain entirely state-owned, as state forests must not be privatized, emphasized Minister of Agriculture Armands…

Significant growth in Ventspils Port – oil product transshipment increases by 66.5%

10.07.202512.07.2025 Ogres

The volume of oil products handled at the Port of Ventspils has increased by 66.5%. Half of all cargo and the largest year-on-year…

Opinion | Venta Port – costly silence and a failure without accountability

08.07.202508.07.2025 Ogres

Opinion article One of the perhaps least meaningful projects of the Ministry of Transport is coming to an end – Venta Port is…

Retail downturn in Latvia: decline both year-on-year and month-on-month

07.07.202507.07.2025 Ogres

In May of this year, retail turnover in Latvia decreased by 1.9% compared to the same month last year, placing Latvia among seven…

Latvia offers “airBaltic” shares to Estonia and Lithuania on equal terms with Lufthansa

03.07.202503.07.2025 Ogres

Latvia has offered Estonia and Lithuania the opportunity to purchase shares in its national airline airBaltic under the same terms as the German…

Hotel Planned Across from Ādaži Military Base in Kadaga

03.07.202504.07.2025 Ogres

A new hotel is planned for construction directly across from the central entrance of Latvia’s Ādaži military base, in Kadaga, according to information…

Electric scooter owners now need OCTA: how will this affect other vehicle owners?

02.07.202503.07.2025 Ogres

Although the mandatory civil liability insurance (OCTA) for electric scooters is connected to the OCTA Guarantee Fund, there is currently no reason to…

The state promised but didn’t deliver – “Lux Express” considers legal action over half a million euros

27.06.202528.06.2025 Ogres

International passenger carrier Lux Express is considering taking legal action against the state in connection with compensation for transporting passengers eligible for fare…

Heating in Riga to become significantly more expensive – new tariff submitted to regulator

20.06.202520.06.2025 Ogres

This autumn, the cost of thermal energy in Riga will rise by approximately 22%, according to AS “Rīgas siltums.” The company has calculated…

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