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Category: Business

Estonian firm Bolt valued at EUR 7.4 billion after investment round

12.01.202212.01.2022 Ogres

Estonian urban transport services company Bolt has attracted 628 million euros in a funding round and is considered worth 7.4 billion euros, Estonian…

Inflation in Latvia: fresh vegetables become 18.3% more expensive in December 2021

11.01.202211.01.2022 Ogres

Compared to December 2020, the average level of consumer prices increased by 7.9 % in December 2021. The greatest pressure on the average…

Registered unemployment level in Latvia reaches 6.7% at the end of 2021

11.01.202211.01.2022 Ogres

The registered unemployment level in Latvia at the end of 2021 was 6.7% of the economically active population, which is 0.3 percentage points…

Riga International Airport services 2.35 million passengers in 2021

10.01.202210.01.2022 Ogres

The number of passengers handled at Riga Airport exceeded 2.35 million in 2021. This means an increase of 17% when compared to 2020,…

Imports to Estonia grew by 36% year on year to November

10.01.2022 Ogres

In the context of high inflation, the Estonian economy has experienced year on year to November a considerable increase in both imports (+36%)…

Week in Lithuania: 98 migrants taken to Iraq, Curonian Lagoon pollution case goes to court

08.01.202208.01.2022 Ogres

Last week, Lithuanian industrialists turned to the Organisation of Economic Cooperation and Development (OECD) over China’s actions, airlines temporarily suspended flights from Lithuania…

Swedbank’s former CEO in Sweden charged over Estonia scandal

06.01.202206.01.2022 Ogres

In Sweden, charges of fraud and market manipulation have been announced against the former chief executive officer of Swedbank AB, Birgitte Bonnesen, with…

Kazāks: Latvia is in dire need of sustainable and far-sighted energy policy

06.01.2022 Ogres

Latvia is in dire need of a sustainable and far-sighted energy policy, said Bank of Latvia governor Mārtiņš Kazāks in an interview to…

Vilnius begins to demolish stadium ruins to build new one for EUR 40 million

05.01.202205.01.2022 Ogres

In the 1980s, in Vilnius, a massive project of a national stadium was launched, but was left unfinished and has remained in limbo…

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