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Category: Business

Prosecution office takes notice of questionable contracts at Latvian State Forests

13.02.2023 Ogres

Last year the prosecution office sent a warning to Latvian state forest management company Latvian State Forests (LVM) in regards to exclusive long-term…

Fire at UAV factory in Marupe may have been caused by workplace safety negligence

10.02.202310.02.2023 Ogres

The fire at Edge Autonomy UAV factory in Marupe on Wednesday, the 8th of February, may have been caused by negligence with workplace…

Port businessmen invite building LNG terminal at a large sea port

10.02.202310.02.2023 Ogres

Latvian Stevedoring Company Association (LSA) reports that it has turned to the government with their own proposal for the construction of a liquefied…

Latvian Railway board chairman Māris Kleinbergs dismissed from his post

10.02.2023 Ogres

As confirmed by the Latvian Railway (LDz) Council, chairman of the board of LDz Māris Kleinbergs has been dismissed from his post. An…

Construction output volume in Latvia down by 11.3%

09.02.202309.02.2023 Ogres

Compared to 2021, construction output reduced by 11.3% in 2022, according to calendar adjusted data at constant prices. Construction output decline in civil…

Public Utilities Commission caves in to pressure from Bite’s American investor

09.02.2023 Ogres

Latvia’s Public Utilities Commission (SPRK) reports having given permission to Bite Latvija LLC and Unistars LLC to use limited 1.8 GHz and 3.6…

Ministry reports Latvia has gone through 42% of funding provided for Rail Baltica

09.02.2023 Ogres

Latvian Ministry of Transport reports that the total funding allocated by Connecting Europe Facility towards Rail Baltica railway project to Latvia is EUR…

Latvian PM says Skulte gas terminal’s construction may be financed by the state

08.02.2023 Ogres

If the developer of Skulte liquefied natural gas terminal (LNG) or its strategic investor present inadequate guarantees to the state, it is possible…

Gambling industry’s turnover reaches EUR 290.534 million in 2022

07.02.202307.02.2023 Ogres

Information from the Latvian Lotteries and Gambling Supervision Inspection indicates that the total turnover of gambling companies was EUR 290.534 million in 2022….

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