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Category: Business

In eleven months Latvia imports 382 800 tonnes of cereals from Russia

04.12.202304.12.2023 Ogres

In eleven months of 2023 a total of 382 808 tonnes of cereals from Russia went through Latvia’s border checkpoints on the way…

LDz Cargo to auction off 46 freight cars at initial price of EUR 220 000

01.12.2023 Ogres

LDz Cargo, a subsidiary of Latvian Railway, will sell 47 freight cars at an initial price of EUR 220 000 during an auction…

Estonian economic downturn accelerated again in the third quarter

30.11.202330.11.2023 Ogres

In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP…

BNN ANALYSES | Chilly Vilnius and Beijing trade sees a thaw, but spring will not come before end of 2024

30.11.202330.11.2023 Ogres

Linas Jegelevičius Lithuanian and Chinese officials are talking about defrosting diplomatic relations, but a political spring will not come before the Lithuanian parliamentary…

Olainfarm to grow base capital by nearly five million euros

28.11.2023 Ogres

Latvian medicines manufacturer Olainfarm has plans to grow its base capital by nearly five million euros in order to ensure future development of…

Minister warns Latvia will have to raise excise tax because of 12% VAT rate for fruits and vegetables

28.11.2023 Ogres

In order to adopt a 12% VAT rate for fruits and vegetables in Latvia next year, it will be necessary to find an…

Estonia: average monthly gross wages reach 1 812 euros in Q3, median at 1 500 euros

27.11.2023 Ogres

According to Statistics Estonia, in the third quarter of 2023, the average monthly gross wages and salaries were 1 812 euros, which is…

Week in Lithuania | President urges Foreign minister to “calm down”, court slaps harsh jail sentences for ex-MPs

27.11.202327.11.2023 Ogres

Last week, Seimas launched second impeachment process against MP Grazulis; Seimas speaker proposes scrapping employment quotas for foreigners Polish bank mulls opening branch…

Former US Secretary of State Mike Pompeo joins the board of directors of Kyivstar, part-owned by Petr Aven

22.11.2023 Ogres

Former US Secretary of State Mike Pompeo will join the board of directors of Kyivstar, a Ukrainian telecoms company part-owned by Petr Aven,…

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