Heating tariff planned to be doubled in Riga
Rīgas siltums JSC (RS) plans to double the heating tariff in Latvia’s capital on 2 October, according to the company’s suggested tariff changes….
Category: Business
Standard type apartment prices going down in Latvia for the first time since 2020
In August 2022 there was a drop in prices of standard apartments – prices decreased by 1% when compared to Q2 of 2022….
Latvijas Gāze doesn’t have enough gas in Inčukalns to satisfy households’ needs
As of 31 August 2022 the volume of natural gas owned by Latvijas Gāze JSC (LG) in Inčukalns gas storage facility is 0.2946…
Unemployment in Latvia – the highest among Baltic States and below average in Eurozone
In July 2022 unemployment in Latvia was at 6.5%, which is higher than average in the European Union, but lower than average in…
airBaltic reports increased revenue, but continues operating with losses
Latvian airline airBaltic unaudited consolidated financial results for the first six months of 2022 indicate the company’s revenue is 270% higher when compared…
Latvia’s GDP increases by 4.7% in first half-year of 2022
Compared to Q2 2021, gross domestic product (GDP) rose by 3.0% in Q2 2022, according to seasonally and calendar non-adjusted data at constant…
Latvenergo’s profits grow 2.5 times following rapid surge of prices of energy resources
In the first half-year of 2022 Latvenergo JSC operated with turnover of EUR 744.582 million, which is 66.2% more when compared to the…
Wind turbine parks in Latvia may start producing electricity in 2026
The company Latvijas vēja parki LLC, which is jointly owned by Latvenergo JSC and Latvian State Forests JSC, may start producing electricity in…
Natural gas consumption in Latvia going down
The volume of natural gas consumed in Latvia declined by 34.5% in the first seven months of 2022, according to data published by…
