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Category: Business

Latvia to block operations of Russian-based Yandex Go service

22.03.2022 Ogres

Latvian Road Traffic Safety Directorate (CSDD) has decided to annul the registration and permit of website and mobile app service provider Yandex Taxi….

Nestlé speaks of scaling down operations in Russia after Zelenskyy’s criticism

21.03.2022 Ogres

The Swiss food processing giant Nestlé has admitted continuing scaled-down business operations in Russia after criticism from Ukrainian President Volodymyr Zelenskyy, French news…

Bank of Latvia governor says investment activity may suffer a drop due to geopolitical instability

21.03.2022 Ogres

The geopolitical instability that came about after Russia’s invasion of Ukraine may reduce the volume of private investments in Latvia, says governor of…

Week in Lithuania: Seimas supports no-fly zone over Ukraine, Bank of Lithuania to revise growth forecast

19.03.202219.03.2022 Ogres

Last week, the top news in Lithuania were Lithuania calling for a no-fly zone over Ukraine, the opinion of the Bank of Lithuania…

CSDD imposes sanctions on 48 vehicles owned by seven companies in Latvia

18.03.2022 Ogres

Latvian Road Traffic Safety Directorate (CSDD), as a holder of a register of national significance, has imposed sanctions on 48 vehicles in seven…

Number of job vacancies in Latvia up 25.3% in 2021

18.03.202218.03.2022 Ogres

In 2021, there were 24.4 thousand job vacancies in Latvia, an increase of 4.9 thousand or 25.3 % compared to 2020. There were…

Lithuanian transport minister warns Russian ships may be banned from entering sea ports

18.03.202214.06.2022 Ogres

Because the decision regarding the ban for Russian ships to enter sea ports in the EU is delayed, Lithuania may make this decision…

BNN ANALYSES | Lithuania braces for triple loss of markets – in China, Belarus, now in Russia

17.03.202217.03.2022 Ogres

Linas Jegelevičius for the BNN Things did not look very good before scathing sanctions against Russia, but now, coupled with war in Ukraine,…

Banks in Latvia freeze approximately EUR 11.5 million due to anti-Russian sanctions

17.03.2022 Ogres

In the context of the sanctions imposed by the EU and US Department of the Treasury Office of Foreign Assets Control (OFAC), banks…

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