The difference in interest rates for loans and savings is criticized in Lithuania
Banks are already demanding higher interest rates for loans, but are not in a hurry to raise them for savings, and Lithuanian financial…
Category: Business
Number of light-weight vehicles in Latvia up 13.3% in 2022
Last year 19 114 light-weight vehicles were sold in Latvia, which is 13.3% more when compared with 2021, according to information from the…
Neste predicts fuel price stabilisation this year
This year fuel prices should stabilise. Fuel consumption should stabilise around the level of 2022, says Neste Latvija LLC board chairman Armands Beiziķis….
airBaltic prepares for expansion after covid and geopolitical challenges
Latvian national airBaltic airline reports that in efforts to continue expansion and thanks to the gradual recovery of the aviation industry the airline…
Latvian minister stresses that opinions of businessmen are important for sea port reform
Before the meeting with representatives of Latvian sea ports and sea port-based businesses scheduled for Friday, the 6th of January, Minister of Transport…
December’s loan shock fails to halt Latvia’s housing market
In the last couple of months the housing market situation has been akin to a movie at half speed, said Latio market analyst…
Latvia reports smallest number of new registered businesses since 2004
In 2022 there were 8 826 new businesses registered in Latvia, which is 4.3% fewer when compared with 2021. This is also the…
Latvian Minister of Transport orders to deal with Rail Baltica’s problems
On Tuesday, the 3rd of January, Latvia’s Minister of Transport Jānis Vitenbergs met with the leadership of RB Rail JSC and European Railway…
Latvenergo sends aid to maintain Ukraine’s energy infrastructure
Latvian state enterprise Latvenergo reports that on Friday, the 30th of December, a three-phase 110 kV transformer was delivered to Ukraine. It will…
