European Commission suggests reforming EU’s electricity market model
On Tuesday, the 14th of March, the European Commission (EC) proposed reforming the European Union’s electricity market model, as noted by EC’s press…
Category: Business
OPINION | Kazakhstan’s importance on a rise for global and Latvian economy
Ilona Bērziņa, BNN The visit of US Secretary of State Antony Blinken to Kazakhstan was a clear and unambiguous signal of further strengthening…
Only 30% of used cars in Latvia come from Germany
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
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
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
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
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
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
Latvian power distribution system operator Sadales tīkls JSC has plans to install solar panels on up to 700 transformer sub-stations of various businesses…
