Tallink Grupp prepares for lay-offs in Estonia and Latvia
Ferry traffic company Tallink Grupp has informed trade unions and unemployment insurance institutions in Estonia and Latvia about plans for collective lay-offs. These…
Category: Business
First two solar parks in Latvia to be completed by the end of 2023
Latvenergo JSC plans to complete and make operational the first two solar panel parks in Latvia by the end of the year, as…
Latvia will soon experience severe shortage of specialists with vocational education
“How to achieve Latvia’s sustainable growth and promote growth of welfare?”, as the country’s Ministry of Economics rhetorically asks in its media release…
Week in Lithuania: Parliament overrides veto on sanctions; technical glitch stops the work of Seimas
Linas Jegelevičius This week in Lithuania, the government experienced various events – the parliament managed to vote on the cancellation of the president’s…
Businesses in Latvia pay EUR 9.86 billion in taxes in 2022
Last year businesses in Latvia paid to the general state budget a total of EUR 9.86 billion in taxes. This includes EUR 3.29…
Saeima committee insists on “doubling” share of Latvian products in stores
“Our objective is making sure locally made goods are available on shelves of local chain stores,” said chairperson of Saeima’s Economic, Agricultural, Environmental…
Official involved in scandalous Latvian army food procurement dismissed
An official of the defence sector involved in the scandalous procurement for logistical services and food for the needs of the Latvian army…
Restrictions on state business prevent them from working with innovations, says LMT chairman
State companies are under numerous restrictions that do not allow them to work with innovations, said board chairman of Latvijas Mobilais telefons LLC…
Latvia’s state budget deficit at 4.4% of GDP in 2022
Last year Latvia’s state budget had a deficit of EUR 1.721 billion or 4.4% of GDP, according data from the Central Statistical Bureau…
