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Category: Business

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….

Latvian Stevedoring Company Association considers challenges and sector’s development scenarios

24.08.2022 Ogres

Stevedores from Ventspils, Liepaja and Riga sea ports, as well as representatives of state institutions tied to the sector gathered for an expanded…

Euro drops below US dollar yet again

22.08.2022 Ogres

On Monday, 22 August, Euro value dropped below that of US dollar again. Euro value dropped below that of US dollar for the…

Farmers in Latvia report this year is mostly successful for agriculture

22.08.202222.08.2022 Ogres

This year was generally successful for agriculture, said the chairman of Latvian Agricultural Organization Cooperation Council (LOSP) Guntis Gūtmanis in an interview to…

Lithuania activates two additional power plants following record–high prices

19.08.202219.08.2022 Ogres

Lithuania, together with the other Baltic states, reached a record–high price of electricity on Wednesday evening, informs Lithuanian public media LRT. Although the…

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