Credit Suisse’s takeover will be led by Ermotti
UBS Group AG has rehired veteran banker Sergio Ermotti to give the takeover of Credit Suisse into the hands of someone already experienced…
Category: Business
Electricity price goes down 25% in Latvia
The average electricity price in Latvia and Lithuania went down by 25% last year, as reported by Latvenergo representatives. The price went down…
Lower availability of alcohol will not reduce consumption, traders say
The regulations approved by the Latvian government to reduce availability of alcoholic beverages will not reduce overall alcohol consumption among residents, nor will…
Latvian power distribution company signs contract for financing from EU Recovery Fund
Latvian power distribution system operator Sadales tīkls JSC has signed a contract with the Ministry of Economics for the provision of EUR 41.9…
Several Gaso council and board members removed to comply with international sanctions
To ensure compliance with sanctions imposed by the European Council, the Enterprises Register has decided to add changes to the Commercial Register. As…
Week in Lithuania: Social Democrats win most mayoral races; President urges o slam Russia with new sanctions
Linas Jegelevičius Lithuania still feels pressure from the side of the Belarusian border, and Turkish citizens who illegally brought immigrants across the border…
Court of Economic Affairs approves liquidation of Baltic International Bank
The Court of Economic Affairs in Latvia has satisfied the liquidation request submitted by the Bank of Latvia for Baltic International Bank, as…
BNN TALK | Minister: Latvia needs to use Kazakhstan’s openness to work with Baltic region
Ilona Bērziņa, BNN Cooperation with Kazakhstan and other Central Asian countries for Latvia is an alternative to Russian and Belarusian markets. For our…
Construction of Stradins Clinical University Hospital’s new ward becomes even more expensive
P. Stradins Clinical University Hospital board member Agra Ločmele reports that on Wednesday, the 22nd of March, an agreement was reached with Velve…
