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Category: Business

Women in Latvia more often invest in the future, whereas men – into gaining more income

29.08.202229.08.2022 Ogres

Women in Latvia save up and invest money less than men – 47% of women and 55% of men. Mostly women pick less…

PHOTO: Latvian State Revenue Service intercepts 214 000 contraband cigarettes

29.08.2022 Ogres

Officials of Latvian State Revenue Service’s Customs Office discovered a shipment of undeclared cigarettes while inspecting an express mail order. Cigarettes were hidden…

Heating energy price in Jurmala to go up 143% in October

29.08.202229.08.2022 Ogres

From October onward the price of heating energy in Jurmala may increase by 143%, as reported by Jūrmalas siltums LLC. According to the…

One-third of Latvian residents consider starting their own business

26.08.202226.08.2022 Ogres

The dream of starting a business goes away with age, as concluded in a study conducted by Investment and Development Agency of Latvia…

Cash used in transactions in Latvia less and less – 118.8 billion processed in six months

26.08.2022 Ogres

Latvian payment processing service providers (credit institutions, electronic money institutions, payment institutions, deposit association, Bank of Latvia and State Chancellery) processed a total…

Russia signals a surprisingly smooth decoupling from the West

25.08.202225.08.2022 Ogres

Russia’s record employment signals a surprisingly smooth decoupling from the West. Its rapid replacement of McDonald’s and Starbucks says business as usual. Yet…

BNN ANALYSES: Lithuania forced to delay completion of electricity market liberalization, frowns at Nord Pool Spot

25.08.202225.08.2022 Ogres

Linas Jegelevičius When joining Nord Pool Spot (NPS), the electricity trade exchange, in 2012, Lithuania rightly hinged many hopes on it. But after…

PM: the era of Latvijas Gāze behaving like they are in charge is over

25.08.2022 Ogres

In the past Latvijas Gāze JSC (LG) behaved like they are in charge, kicked open doors and dictated rules to the state. But…

Availability of energy resources remains chief concern for Latvian businesses

24.08.2022 Ogres

Most business in Latvia, particularly those in the manufacturing sector, are looking for ways to prepare for winter and avoid shutting down operations….

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