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Category: Business

Society no longer trusts airBaltic – minister suggests changing management

03.01.202504.01.2025 Ogres

Latvian national airline “airBaltic” needs new management, said Latvian Minister of Economics Viktors Valainis in his interview to Latvijas Radio on Friday, the…

airBaltic announces cancellation of several thousand flights this summer

02.01.202503.01.2025 Ogres

This summer, the Latvian national airline airBaltic will discontinue flights on 19 routes due to engine maintenance delays, canceling a total of 4…

Šķēle family’s holding expands capital to almost EUR 80 million

27.12.202427.12.2024 Ogres

The holding company “Sabiedrība privātajiem ieguldījumiem” LLC owned by ex-Prime Minister of Latvia Andris Šķēle has increased its capital to EUR 79 166…

Ministry of Finance rejects parliamentary inquiry committee’s criticisms about Rail Baltica

17.12.202417.12.2024 Ogres

Latvian Ministry of Finance categorically disagrees with the final report from Saeima’s parliamentary inquiry committee and the criticisms and conclusions listed in it…

Top 50 biggest Baltic companies rating includes only eight Latvian companies

16.12.202416.12.2024 Ogres

The Top 50 list the largest Baltic companies published by the international risk management company “Coface” this year includes 26 companies from Lithuania,…

“Inter IKEA Group” acquires “IKEA” retailers in Baltic States

13.12.202414.12.2024 Ogres

“Inter IKEA Group”, which includes Sweden’s “IKEA of Sweden”, has acquired furniture retailer “IKEA” retailers in Baltic States. The deal includes three full-size…

How important are cryptocurrencies in today’s world?

13.12.202413.12.2024 Ogres

Sponsored content In the past decade, cryptocurrencies have evolved from an obscure technological experiment to a disruptive force shaping global finance, technology, and…

Four Latvian companies included in “Top 30” most valuable Baltic businesses

11.12.202412.12.2024 Ogres

Four Latvian companies have been included in the “Top 30” list of most valuable Baltic businesses, according to the list composed by investment…

Prosecution office finds no illegalities in government’s decision to slash airBaltic capital

06.12.202407.12.2024 Ogres

The prosecutor’s office has found no illegalities with Latvian government’s decision to support the reduction of capital of Latvian national airBaltic airline. The…

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