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Category: Business

Latvia scheduled to receive new electric trains by end of 2023

09.05.2022 Ogres

The management of Pasažieru vilciens and Škoda Vagonka have signed amendments to the standing contract for the supply of electric trains, equipment and…

Week in Lithuania: Cabinet approves easier hiring of third-country nationals, Poland-Lithuania gas link inaugurated

07.05.202207.05.2022 Ogres

Last week, the top news in Lithuania were decisions to facilitate employment of third-country nationals and the launch of the Poland-Lithuania gas network…

War in Ukraine and sanctions cause a drop in freight carried by aircraft in Latvia

06.05.2022 Ogres

Operational data on the Airport performance show that this April, more than 419 thousand passengers used Riga Airport; in turn, in the first…

Latvian government has no plans to increase bus ticket prices due to fuel prices

06.05.202214.06.2022 Ogres

There are no plans to increase public transport ticket prices in response to increasing fuel prices, said Latvian Minister of Transport Tālis Linkaits…

BNN ANALYSES | Record-high inflation for the second consecutive month keeps Lithuanians jittery

05.05.202205.05.2022 Ogres

Linas Jegelevičius for the BNN After Lithuania grabbed last month the international spotlight for being an EU member state with the highest inflation…

Industrial production growth accelerated in March

03.05.2022 Ogres

According to Statistics Estonia, in March 2022, the total production of industrial enterprises increased by 7.8% at constant prices compared to March 2021….

European Union may impose Russian oil embargo

03.05.2022 Ogres

The European Commission plans to present a new package of anti-Russian sanctions by Wednesday, 4 May. This new package may include an oil…

Latvijas gāze will not be given a special permit to pay Gazprom for gas in roubles

02.05.2022 Ogres

Latvian Finance and Capital Market Commission (FKTK) does not issue special permits for payments to companies – only to financial institutions whose clients…

Week in Lithuania: Railway company to lay off about 2,000 employees, Estonian logistics centre acquired, Ryanair investing in Kaunas

30.04.2022 Ogres

Last week, the top news in Lithuania were the announcement of a large lay-off at the railway company LTG Cargo, Lithuanian businessmen acquiring…

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