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Category: Business

Week in Lithuania: Parliament overrides veto on sanctions; technical glitch stops the work of Seimas

22.04.202322.04.2023 Ogres

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

22.04.202322.04.2023 Ogres

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

22.04.202322.04.2023 Ogres

“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

21.04.2023 Ogres

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

21.04.2023 Ogres

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

21.04.202321.04.2023 Ogres

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…

BNN ANALYSES | Industrialists’ executive rings alarm bells: businesses suffer without Chinese market

21.04.202321.04.2023 Ogres

Linas Jegelevičius Lithuanian politicians who assumed a bellicose stance towards China fail to heed local business interests and furthermore – make then uncompetitive,…

Latvian government considers closing down shopping malls for weekends

14.04.2023 Ogres

Limiting the open hours of shopping malls for weekends is not only a matter or economy or survival for smaller traders but also…

Approximately one-third of Baltic residents have savings up to EUR 5 000

12.04.2023 Ogres

By saving up a portion of their monthly income, 31% of Baltic residents have managed to accumulate up to EUR 5 000 in…

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