Car dealers’ «schemes» cost the state about EUR 55 million every year
VAT schemes employed by used car dealers, including registration of private cars, cause losses worth approximately EUR 55 million annually, said the head…
Category: Business
Voice communication services in Latvia are generally of high quality, with VoLTE – excellent
Latvia’s Public Utilities Commission (SPRK) concluded that the quality of voice transmission services in Latvia remains high, the average connection time is mostly…
Fitch maintains Latvia’s credit rating at «A-»
International credit rating agency Fitch Ratings (Fitch) has decided to maintain Latvia’s rating at «A-» with a stable future outlook, according to information…
Prosecution office takes notice of questionable contracts at Latvian State Forests
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
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
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
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%
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
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…
