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Category: Business

Fuel price policy in Latvia causes concerns for Estonian transport companies

07.07.2022 Ogres

Estonian Logistics and Freight Transport Association and Estonian Automobile Companies Association have voiced concerns about Latvia’s decisions to temporarily lift the requirement for…

BNN ASKS | Economist: markup for gas imports will exceed one billion euros for Latvia

06.07.2022 Ogres

«The rise of natural gas tariffs is natural because gas prices on the European market are very high. Currently prices fluctuate around 100…

Average economic growth in Latvia expected at 4.2% a year by 2030

06.07.202206.07.2022 Ogres

Latvia’s Ministry of Economics predicts the national economy will increase by an average of 4.2% a year between 2022 and 2030. Between 2031…

Minister: building LNG terminal in Latvia is not possible without «climbing over» other interests

05.07.2022 Ogres

The state is prepared to lift administrative obstacles in the way for the construction of a liquefied natural gas (LNG) terminal in Latvia….

Latvian Minister on the topic of reduction of excise tax for fuel

04.07.2022 Ogres

Reduction of excise tax for fuel should be evaluated, says Latvian Minister of Economics Ilze Indriksone. «In March, when the first major price…

PHOTO | Latvia receives its first new electric train

30.06.2022 Ogres

On Thursday, 30 June, two guarded freight trucks sent from a manufacturing plant in Ostrava delivered the remaining two out of four new…

Retail trade turnover in Latvia up 4.2% in May

29.06.2022 Ogres

Compared to May 2021, total retail trade turnover increased by 4.2 % in May 2022. Turnover of retail trade in food products grew…

Latvian Competition Council permits Olainfarm’s acquisition by AB City

28.06.2022 Ogres

The Competition Council (KP) of Latvia has permitted the acquisition of decisive influence over medicines manufacturer JSC Olainfarm by JSC Repharm Group parent…

Petrol sales going down in Estonia

28.06.2022 Ogres

According to the latest data, petrol sales in Estonia have dropped by 9% in June. The drop was the most rapid in regions…

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