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Category: Business

Opinion: Ventas Osta – a feeding trough that gave nothing to Latvia

20.08.202520.08.2025 Ogres

Opinion article. The government has decided to liquidate JSC Ventas Osta. At first glance, this may seem like a technical step – the…

Food price memorandum in Latvia’s supermarkets: What really changes in shoppers’ wallets?

13.08.202513.08.2025 Ogres

The food price memorandum has had a positive impact on reducing prices in the basic goods basket, yet this is not reflected in…

OIK recovery – people line up to sign contracts in person

11.08.202511.08.2025 Ogres

Public interest in recovering illegally collected mandatory procurement component (OIK) payments in Latvia continues to grow. Over the weekend, the Tiesiskums.lv (Justice.lv) Lawyers’…

Significant progress made at the site of the Rail Baltica infrastructure maintenance point

06.08.202506.08.2025 Ogres

Significant progress has been made at the construction site of the future Rail Baltica infrastructure maintenance point near Iecava, where intensive earthworks and…

Italy fines fast-fashion retailer Shein 1 million euros

04.08.202504.08.2025 Ogres

The Italian Competition Authority (AGCM) has fined China-based fast-fashion retailer Shein 1 million euros for misleading customers, Reuters reported. This is the second…

Economists: Latvia will not benefit from Trump and Leyen’s tariff agreement

29.07.202529.07.2025 Ogres

The Latvian economy will not benefit from the tariff deal reached by US President Donald Trump and European Commission (EC) President Ursula von…

Teachers’ Union will fight for the recovery of illegally collected OIK charges, says Vanaga

23.07.202523.07.2025 Ogres

The “Latvian Trade Union of Education and Science Employees” (LIZDA) has signed a cooperation agreement with the association “Tiesiskums.lv” to support the recovery…

Latvia seeks strategic investors for “Tet” and LMT – several dozens already identified

22.07.202522.07.2025 Ogres

Several dozen potential strategic investors have been identified for the technology companies SIA “Tet” and SIA “Latvijas Mobilais Telefons” (LMT), Minister of Economics…

The battle for “airBaltic” leadership continues – new CEO to receive lower salary than Gauss

22.07.202524.07.2025 Ogres

Four candidates have been selected for the third round of the competition for the position of CEO of Latvia’s national airline “airBaltic,” Minister…

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