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Category: Business

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…

Construction costs in November up 1.7% in Latvia

29.12.2023 Ogres

In November 2023 construction costs in Latvia went up by an average of 1.7% when compared to the same period of 2022, according…

BNN ANALYSES | 2024 ushers in changes for state workers, pensioners, debtors and many others in Lithuania

28.12.2023 Ogres

Linas Jegelevičius New Year is around the corner and 2024 ushers in a slew of novelties to be felt by most Lithuanians. However,…

Latvian goods often applied with bigger price markup than foreign goods

27.12.2023 Ogres

In regards to the situation in the food sector and growing retail prices, Latvian Competition Council (KP) has concluded the second part of…

Week in Lithuania | Seimas okays proposed conscription reform, strips MP Grazulis of his mandate

23.12.202323.12.2023 Ogres

Last week, CB revised up 2023 GDP forecast, cuts 2024 growth projection; Girteka Group’s companies announced of layoff of more than 100 employees….

Latvian Stevedoring Company Association: transit is not import

20.12.2023 Ogres

“If we look at the east, we have to look past Russia’s borders. The east doesn’t begin and end with Russia. The Central…

Latvian stevedores urge government to not stop transit of grains

18.12.2023 Ogres

Latvian Stevedoring Company Association invites the government to not use sanctions on transit of grain from Russia to sabotage the country’s economy and…

Signet Bank completes LPB Bank acquisition deal

12.12.2023 Ogres

Signet Bank has completed its LPB Bank acquisition deal, as confirmed by the bank’s representatives. The bank notes that after receiving permission from…

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