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Category: Business

In Estonia average purchase price of milk fell last year: 436.73 euros per tonne

25.01.202425.01.2024 Ogres

According to Statistics Estonia, 859 600 tonnes of milk were purchased from Estonian agricultural producers in 2023, for which farmers were paid nearly…

airBaltic needs to lease other airline’s aircraft due to shortage of engines

24.01.2024 Ogres

Latvian national airBaltic airline still needs to lease other airline’s aircraft because the situation with engines is less than desirable, airBaltic CEO Martin…

Fresh milk procurement price in Latvia up by 4.4%

23.01.2024 Ogres

The procurement price of fresh milk in Latvia was 36.81 EUR/100 kg in November 2023, which is 4.4% more when compared to October…

Latvian sea ports see a 19.6% drop in handled freight last year

22.01.2024 Ogres

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…

Lithuanian aviation experts doubt benefits from possible acquisition of influence over airBaltic

19.01.2024 Ogres

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

11.01.2024 Ogres

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

10.01.2024 Ogres

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

04.01.2024 Ogres

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

03.01.2024 Ogres

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…

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