LDz chief: Kazakhstan is Latvia’s important rail transport partner
When it comes to rail transports, Kazakhstan is an important partner to Latvia, says Latvian Railway (LDz) board chairman Rinalds Pļavnieks, and the…
Category: Business
Ministry: Latvia and Kazakhstan are interested in expanding mutual cooperation
Over the course of the past several years road transport intensity between Latvia and Kazakhstan has increased. The overall situation in the railway…
Petr Aven’s mobile operator Veon leaves Russia
Veon, the Amsterdam-listed mobile operator owned by Pyotr Aven, announced on Monday. the 9th of October, that it is leaving the Russian market…
New Salacgrīva bridge to be built within two years, says transport minister
Last week, Transport Minister Kaspars Briskens (P) met with Dagnis Straubergs (LRA), Chairman of Limbazi County Council, to find solutions for the bridge…
Latvia’s inflation below EU average
Latvia’s annual inflation was 3.6% in September, below both the European Union (EU) and the euro area average, according to data published by…
Latvenergo profits to make up for high energy prices
On Wednesday, the 18th of October, the extraordinary general meeting of state-owned Latvenergo decided to pay its owner an additional dividend of 18.547…
Gazprom to supply more gas to China and Hungary this year
Gazprom CEO Alexei Miller said on state television on Sunday, the 22nd of October, that Gazprom plans to supply additional gas to Hungary…
Kremlin ready for more Western sanctions while many Russians struggle with basic expenses
The Kremlin said on Tuesday, the 24th of October, that Russia is not worried about possible further Western sanctions, saying the country’s economy…
Latvia’s herring fishing quotas to be slashed by 43% next year
Latvian Ministry of Culture reports that the country’s herring fishing quota will go down by 43% next year. This was decided on Sunday,…
