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Category: Business

FIU: Latvia faces elevated risk of sanctions violations due to geographical location

21.05.202522.05.2025 Ogres

Latvia faces an elevated risk of violating sanctions imposed on aggressor states due to its geographical location, according to Paulis Iļjenkovs, Deputy Head…

New methodology, old concerns – will rising costs slow down green energy?

21.05.202524.05.2025 Ogres

Electricity transmission system operator “Augstsprieguma tīkls” (AST) and the Public Utilities Commission (SPRK) have introduced a solution for network balancing costs that aims…

Another year of losses: airBaltic posts 29 million loss in Q1

15.05.202515.05.2025 Ogres

Latvia’s national airline airBaltic recorded a loss of 29.348 million euros in the first quarter of 2025, according to data published by the…

Opinion | Rail Baltica: A national-level waste without a deadline. No one knows when (or if) it will be completed

14.05.202515.05.2025 Ogres

The next time someone tries to crack a joke about “slow Estonians,” just reply with two words: “Rail Baltica.” With this project, we’ve…

Decision on the future course of port reform referred to the Saeima

13.05.202514.05.2025 Ogres

On Tuesday, the government approved the Ministry of Transport’s (SM) proposed amendments to the Port Law and the Liepāja Special Economic Zone (SEZ)…

LMT becomes distributor of Samsung military smart devices in the Baltics

13.05.202513.05.2025 Ogres

The mobile network operator “Latvijas Mobilais Telefons” (LMT) will become the distributor of South Korean technology company Samsung’s tactical smart devices in the…

Bolt criticizes Latvia: The only EU country that bans ridesharing with leased cars

13.05.202516.05.2025 Ogres

Latvia remains the only country in the European Union where offering taxi and ridesharing services with leased vehicles is prohibited, according to Jevgeni…

“No more time to waste” – pressure mounts in Saeima over port reform

30.04.202530.04.2025 Ogres

Opposition members of the Saeima Economic, Agricultural, Environmental and Regional Policy Committee criticized delays in the adoption of the port governance reform on…

Conexus to complete seven-year modernisation of Inčukalns gas storage facility this year

29.04.202529.04.2025 Ogres

The unified gas transmission and storage system operator AS Conexus Baltic Grid (Conexus) will complete the seven-year-long modernization project of the Inčukalns underground…

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