Shell calls the suspension of oil production irresponsible
The head of Shell, Wael Sawan, has stated that the cessation of gas and oil extraction and processing would be irresponsible and dangerous,…
Category: Business
Dove and Magnum producer makes excuses for staying in the Russian market
The manufacturer of Dove soap and Magnum ice cream has defended its decision to continue operating in Russia after the latter has been…
All Sadales tīkls clients to be automatically switched to Base tariff starting with 1st of July
Starting with the 1st of July Latvian electricity distribution system operator JSC Sadales tīkls will automatically switch all of its clients to the…
European Commission provides EUR 305 million towards transport infrastructure projects in Latvia
The European Union has approved financing of EUR 305 million for the 2021-2027 financial period. This money will be provided to various transport…
Latvian minister: green public procurement can offer opportunities to local producers
On Tuesday, the 4th of July, Latvia’s Cabinet of Ministers passed amendments to the Green Public Procurement (ZPI) requirements and their application, as…
Latvian Competition Council permits Estonian Dragad join Latvijas maiznieks parent company
At the end of June, the Competition Council (KP) made the decision to permit Estonian investment company Dragad OÜ to join Estonia-based holding…
Tax revenue for first five months in Latvia exceed plan by 3.2%
Tax revenue in the first five months of 2023 reached EUR 5.387 billion, which is EUR 166.4 million or 3.2% more than planned,…
Natural gas consumption in Latvia down by 16% in Q1 2023
In Q1 2023 natural gas consumption in Latvia continued going down, as reported by the Public Utilities Commission (SPRK). SPRK notes that in…
NATO invites businesses to develop solutions for science-intensive technologies
NATO invites emerging businesses to develop solutions for various challenges that exist in science-intensive technology sectors in order to become eligible for funding…
