Lithuania saw EU’s strongest industrial growth in November
Lithuania recorded very strong growth in industrial production in November 2021, compared to November 2020, which was the highest the eurozone and the…
Category: Business
After Estonia’s fuel price record, retailers explain its reasons
This week, in Estonia’s largest petrol station chains, the price of petrol 95 has reached a new national record of 1.599 euros. Representatives…
Lithuania’s wage growth has not resulted in wage levels of Latvia, Estonia, central bank says
The Bank of Lithuania has found that despite rapid wage growth in Lithuania, the overall remuneration level in the country has not reached…
Opinion | Ventspils residents mixed up in power struggle
Opinion of ex-deputy of Ventspils City Council Aivis Landmanis. Soon the Saeima will pass in the final reading amendments to the Law on…
Latvia to ask Europe for half a billion euros for Rail Baltica project
A funding request of EUR 494.3 million will be submitted to the Connecting Europe Facility for Rail Baltica project, as decided by Latvian…
Estonian firm Bolt valued at EUR 7.4 billion after investment round
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
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
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
The number of passengers handled at Riga Airport exceeded 2.35 million in 2021. This means an increase of 17% when compared to 2020,…
