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Category: Business

Latvia publishes a list of top most valuable businesses

30.11.202230.11.2022 Ogres

This year Swedbank Baltics JSC made it to 1st place among Latvia’s TOP most valuable businesses index composed by Nasdaq Riga and Prudentia….

Economist: Latvia’s economy will continue slowing down

30.11.2022 Ogres

Latvia’s GDP went down by 0.6% in Q3 this year, and the slowing of economic activity will continue in Q4 as well, said…

Latvia’s GDP down by 0.6% in Q3 2022

30.11.2022 Ogres

Compared with the same quarter of 2021, seasonally unadjusted calendar data from the Central Statistical Bureau (CSP), Latvia’s gross domestic product (GDP) has…

AST: without new tariffs the company would lose six million euros every month

29.11.202229.11.2022 Ogres

Latvian electricity transmission system operator Augstsprieguma tīkls (AST) has calculated that without new tariffs it would suffer approximately six million euros worth of…

Warning for businesses – number of fraudulent accounts is on a rise

28.11.2022 Ogres

Scammers have started forging accounts of partners of different companies in an attempt to scam Latvian businesses of their money, reports Swedbank, warning…

Ignitis Group purchases wind turbine park project in Lithuania

25.11.2022 Ogres

On Friday, 25 November, International green energy company Ignitis Renewables signed a purchase contract for 100% of shares of a company developing a…

Energy expert: the tariff increase by Sadales tīkls will impact Latvia’s energy independence course

23.11.2022 Ogres

The decision by Sadales tīkls JSC (ST) to increase the tariffs for users that produce electricity using generators or solar panels will halt…

Estonian police and FBI arrest suspects over cryptocurrency fraud

23.11.202223.11.2022 Ogres

Estonian police and FBI arrested Sergei Potapenko and Ivan Turõgin, who are suspects in the cryptocurrency fraud case. This is one of the…

OECD predicts Latvia’s economic growth may exceed that of Estonia this year

22.11.202222.11.2022 Ogres

On Tuesday, 22 November, the Organisation for Economic Cooperation and Development (OECD) a report in which the organisation predicts Latvia the second most…

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