Latvian government passes amendments to the Electricity Market Law
On Tuesday, the 11th of April, passed amendments to the Electricity Market Law that provide for prohibiting electricity trade deals with Russia and…
Category: Business
Latvijas gāze predicts gas prices to drop 24 – 37% in May
Latvijas gāze JSC plans to reduce the price of natural gas for households that use gas to prepare meals by 37% in May…
Agricultural product price level up 33.9% in Latvia last year
The Central Statistical Bureau of Latvia reports that, when compared with 2021, the agricultural price index increased by 33.9% in 2022. It was…
Latvijas gāze predicts natural gas prices for households may drop 20-40%
Latvijas gāze plans to announce natural gas universal service price for households that will come into force in May. The company adds the…
Latvenergo considers acquiring Gaso
Latvenergo JSC has expressed an interest in acquiring Latvijas gāze JSC subsidiary Gaso JSC, as reported by LTV programme De Facto. The first…
Week in Lithuania: Endorses stricter accountability for sanction violations; offshore wind farm tender launched
In Lithuania, the chairwoman of the Central Election Commission has resigned this week, while the Seimas has proposed establishing stricter responsibility for…
Estonian Eesti Gaas to start selling gas to Latvian households
The biggest private energy sector company in the Baltic-Finnish region Eesti Gaas plans to start providing its services to Latvian households starting with…
Taxes alone won’t help bring economic breakthrough, says Bank of Latvia governor
A review of the tax policy alone will not bring about a breakthrough for Latvia’s economy, said Bank of Latvia Governor Mārtiņš Kazāks…
Branson’s Virgin Orbit to lay off most of its employees
British billionaire Sir Richard Branson’s space travel company Virgin Orbit has not been able to attract new investment and plans to lay off…
