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Category: Business

Tet fined 14 000 euros for withholding key contract information from customers

23.05.202523.05.2025 Ogres

Latvia’s Public Utilities Commission (SPRK) has fined telecommunications company Tet 14 000 euros for failing to provide mandatory contract summaries to customers before…

“Kālija Parks” prepares for auction – Russian cargo has blocked Ventspils terminal for four years

22.05.202522.05.2025 Ogres

More than 18 000 tonnes of potassium fertilizer belonging to the Russian company Uralkali have been abandoned at the Ventspils port for four…

FIU: Latvia faces elevated risk of sanctions violations due to geographical location

21.05.202522.05.2025 Ogres

Latvia faces an elevated risk of violating sanctions imposed on aggressor states due to its geographical location, according to Paulis Iļjenkovs, Deputy Head…

New methodology, old concerns – will rising costs slow down green energy?

21.05.202524.05.2025 Ogres

Electricity transmission system operator “Augstsprieguma tīkls” (AST) and the Public Utilities Commission (SPRK) have introduced a solution for network balancing costs that aims…

Another year of losses: airBaltic posts 29 million loss in Q1

15.05.202515.05.2025 Ogres

Latvia’s national airline airBaltic recorded a loss of 29.348 million euros in the first quarter of 2025, according to data published by the…

Opinion | Rail Baltica: A national-level waste without a deadline. No one knows when (or if) it will be completed

14.05.202515.05.2025 Ogres

The next time someone tries to crack a joke about “slow Estonians,” just reply with two words: “Rail Baltica.” With this project, we’ve…

Decision on the future course of port reform referred to the Saeima

13.05.202514.05.2025 Ogres

On Tuesday, the government approved the Ministry of Transport’s (SM) proposed amendments to the Port Law and the Liepāja Special Economic Zone (SEZ)…

LMT becomes distributor of Samsung military smart devices in the Baltics

13.05.202513.05.2025 Ogres

The mobile network operator “Latvijas Mobilais Telefons” (LMT) will become the distributor of South Korean technology company Samsung’s tactical smart devices in the…

Bolt criticizes Latvia: The only EU country that bans ridesharing with leased cars

13.05.202516.05.2025 Ogres

Latvia remains the only country in the European Union where offering taxi and ridesharing services with leased vehicles is prohibited, according to Jevgeni…

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