Euro value to U.S. dollar drops to a new low
On Monday, 5 September, the value of euro before the U.S. dollar dropped to a new low since December 2002. This new drop…
Category: Business
Latvian authorities report 1 383 violations of sanctions
Since the end of March, when the European Commission first started compiling data from members of the European Union regarding different violations of…
Daugavpils satiksme procures 20 buses powered by natural gas
With aid from the European Union Cohesion Fund Daugavpils satiksme JSC purchased 20 Scania Citywide buses powered by natural gas. The purchase cost…
PM: Latvijas gāze is not interested in peace in Latvia and peace of mind in people’s heads
Latvijas gāze JSC (LG) management and owners are not interested in peace in Latvia and peace of mind in people’s heads, said Latvia’s…
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….
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…
