Latvian investment environment is weakened, stresses EY partner
In the last 20 years Latvia has not shown a clear focus on attraction of investment, said EY partner, Head of Strategy and…
Category: Business
EY: high costs force businesses to make unpleasant decisions
It should be taken into account that companies may have to make unpleasant decisions about reducing costs, because although inflation is no longer…
Piena loģistika: the only way for dairy industry to receive adequate pay for milk is cooperation
The only way for the dairy industry to receive adequate pay for milk is cooperation, said Piena loģistika dairy farmers’ cooperative Jānis Ločmelis…
Former US ambassador intends to help Riga Fertilizer Terminal break free of sanctions
Former US ambassador to Latvia Charles Larson plans to invest into Riga Fertilizer Terminal LLC, which is currently under sanctions. His plan is…
Latvian airline airBaltic emits bonds worth EUR 340 million
Latvian national airline airBaltic has emitted bonds worth EUR 340 million, as announced by Minister of Transport Kaspars Briškens on X (formerly Twitter)…
Latvian Saeima agrees to acquire airBaltic bonds
The Latvian parliament has agreed to allow the state to acquire airBaltic airline’s bonds. The Saeima agreed with the request from Minister of…
Estonia’s GDP contracted by 2.1% in Q1
According to Statistics Estonia’s preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the first quarter of 2024. The…
DIO announces increase of plastic packaging deposit fee
Starting with the 1st of June 2024 it is planned to increase the deposit fee for plastic packaging for beverage manufacturers, according to…
In 2023, Estonia’s exports per capita were below the EU average
In 2023, Estonia’s exports of goods amounted to 18.2 billion euros and imports to 21.2 billion euros at current prices. Exports decreased by…
