Latvian Competition Council permits Olainfarm’s acquisition by AB City
The Competition Council (KP) of Latvia has permitted the acquisition of decisive influence over medicines manufacturer JSC Olainfarm by JSC Repharm Group parent…
Category: Business
Petrol sales going down in Estonia
According to the latest data, petrol sales in Estonia have dropped by 9% in June. The drop was the most rapid in regions…
Vyacheslav Lysenko: On the tenth day of the war, I suggested my companies resume the work. Everyone was shocked
Early morning of February 24, 2022, Russia launched a wide-ranging attack on Ukraine. President of the Russian Federation Vladimir Putin announced a so-called…
Electricity prices are up in Baltic States, Finland, Sweden and Germany
In Baltic States, as well as countries like Finland, Sweden and Germany, electricity prices increased last month. The average electricity price in May…
Latvian government agrees to permit chopping down young forests
In an attempt to increase wood chips production, Latvia’s government agreed on Tuesday, 21 June, to pass amendments that permit chopping down trees…
Unemployment level goes down in Latvia
In May 2022 actual unemployment rate in Latvia constituted 6.5 % and compared to April it has reduced by 0.3 percentage points. Unemployment…
Lithuania partially shuts down transports of goods by rail to Kaliningrad
On the night to Saturday Lithuanian railway company Lietuvos Geležinkeliai shut down the transit of multiple types of goods to Kalningrad Oblast because…
Women’s wages in Latvia reportedly 14.6% below men’s wages last year
In 2021 the average hourly gross earnings of females were 14.6 % lower than those of males. Compared to the year before the…
Number of vacant jobs in Latvia has yet to reach pre-pandemic levels
In Q1 2022 there were 28.2 thousand job vacancies in Latvia, which is 6.6 thousand vacancies or 30.3 % more than in Q1…
