Lufthansa Group to acquire minority participation in airBaltic for EUR 14 million
An agreement has been reached that German airline group Lufthansa Group will become a strategic investor for Latvian airBaltic airline. Lufthansa will acquire…
Category: Business
Beekeepers warn of fake honey in stores – cheap import from China slows development of local producers
After checking 20 honey samples bought in supermarkets in Jelgava, Jurmala and Riga, it was concluded that only six of them meet authentic…
Arēna Rīga to be renamed “Xiaomi arena” for five years
Arēna Rīga to be renamed “Xiaomi arena” for a period of five years, as the media were told by representatives of LLC Arēna…
Ivars Landmanis appointed to board of railway freight carrier Baltic Express
Ivars Landmanis has been appointed to work in the Board of Baltic Express. The reason for this was the departure of Swiss citizen…
LDz may request EUR 26 million from Latvia to cover losses
In order to cover losses of last year, Latvian Railway (LDz) may request EUR 26 million from the state, as LETA was told…
Latvian minister writes off political interference in airBaltic: “The council will evaluate Gauss’ work”
Latvian Minister of Defence Kaspars Briškens will not give airBaltic’s new council any hints or orders to replace the airline’s CEO Martin Gauss,…
Latvian government decides to replace airBaltic council
Latvian Ministry of Transport and the council of airBaltic have agreed to dissolve the existing airline council on the 11th of February, according…
Latvian ski resorts remain open despite poor weather conditions
The ski resorts in Latvia currently have no plans to close down because of adverse winter weather conditions, as LETA was told by…
Swedish forestry giant “Sodra” plans to sell 153 000 ha of woods in Baltic States
Sweden’s largest forest owners association and forest industry group “Sodra” plans to sell forest properties and related businesses in the Baltic States, according…
