Unemployment in Latvia – the highest among Baltic States and below average in Eurozone
In July 2022 unemployment in Latvia was at 6.5%, which is higher than average in the European Union, but lower than average in…
Category: Business
airBaltic reports increased revenue, but continues operating with losses
Latvian airline airBaltic unaudited consolidated financial results for the first six months of 2022 indicate the company’s revenue is 270% higher when compared…
Latvia’s GDP increases by 4.7% in first half-year of 2022
Compared to Q2 2021, gross domestic product (GDP) rose by 3.0% in Q2 2022, according to seasonally and calendar non-adjusted data at constant…
Latvenergo’s profits grow 2.5 times following rapid surge of prices of energy resources
In the first half-year of 2022 Latvenergo JSC operated with turnover of EUR 744.582 million, which is 66.2% more when compared to the…
Wind turbine parks in Latvia may start producing electricity in 2026
The company Latvijas vēja parki LLC, which is jointly owned by Latvenergo JSC and Latvian State Forests JSC, may start producing electricity in…
Natural gas consumption in Latvia going down
The volume of natural gas consumed in Latvia declined by 34.5% in the first seven months of 2022, according to data published by…
Women in Latvia more often invest in the future, whereas men – into gaining more income
Women in Latvia save up and invest money less than men – 47% of women and 55% of men. Mostly women pick less…
PHOTO: Latvian State Revenue Service intercepts 214 000 contraband cigarettes
Officials of Latvian State Revenue Service’s Customs Office discovered a shipment of undeclared cigarettes while inspecting an express mail order. Cigarettes were hidden…
Heating energy price in Jurmala to go up 143% in October
From October onward the price of heating energy in Jurmala may increase by 143%, as reported by Jūrmalas siltums LLC. According to the…
