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…
Category: Business
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…
Women in Latvia more often invest in the future, whereas men – into gaining more income
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
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
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
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
Latvian payment processing service providers (credit institutions, electronic money institutions, payment institutions, deposit association, Bank of Latvia and State Chancellery) processed a total…
