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Category: Business

Only 30% of used cars in Latvia come from Germany

14.03.2023 Ogres

Although Germany is the source of most used cars in Europe, the situation does differ from place to place. Motor industry-related data company…

Latvia forced to pay enormous fines for non-recycled plastic

13.03.2023 Ogres

It turns out that for two years now Latvia has been paying the European Union enormous amounts for non-recycled plastic, as reported by…

Latvia planning alternative transit corridor with Central Asia

10.03.2023 Ogres

Ministry of Transport reports: to promote Latvia’s transit and logistics sector’s cooperation with the Central Asian region, a representative of the ministry agreed…

Lithuanian Ministry of Finance suggests imposing solidarity fee for banks to be used by defence sector

09.03.2023 Ogres

Because the overall profits of Lithuanian banks are expected to reach approximately one billion euros, Lithuania Ministry of Finance proposes imposing a temporary…

Latvian State Audit’s report shows State Real Estate is an «inefficient» institution

08.03.2023 Ogres

In the audit performed at Latvian state company State Real Estate (VNI), State Audit (VK) uncovered numerous major problem with policy-making and property…

Tet accuses Balticom of damaging and using company’s infrastructure

06.03.2023 Ogres

Latvian company Tet LLC has decided to turn to the State Police, accusing competitor Balticom JSC of various business violations. Last month Tet…

Latvian power distributor to install solar panels on 700 transformer sub-stations

06.03.2023 Ogres

Latvian power distribution system operator Sadales tīkls JSC has plans to install solar panels on up to 700 transformer sub-stations of various businesses…

Estonian Supervisory Authority looks into Luminor Bank’s internet banking service disruption

03.03.202303.03.2023 Ogres

Estonian Financial Supervision and Resolution Authority has commenced an investigation of the situation with disruption of internet banking services provided by Luminor Bank….

Latvian Federation of Food Enterprises invites halting scandalous army food supply procurement

03.03.2023 Ogres

Latvian Federation of Food Enterprises (LPUF) invites halting the army food supply procurement worth EUR 200 million. According to LPUF, it will not…

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