Economist: 64% of employees of small businesses in Latvia receive unofficial bonuses
Approximately 64% of employees of small businesses with up to 20 employees receive different kinds of unofficial bonuses, as concluded in a study…
Category: Business
Estonian pulp mill temporarily stops production over soaring energy prices
In Estonia, one of the country’s leading industrial companies, AS Estonian Cell pulp mill, has temporarily stopped production over record high energy prices…
Danish and British ships collide in Baltic Sea
In the Baltic Sea, to the south from Sweden, two cargo ships have collided. A Danish ship has turned over apparently after hitting…
Latvia’s foreign trade turnover up considerably in 2021
In October 2021 the foreign trade turnover of Latvia amounted to EUR 3.39 billion, which at current prices was 23.5 % larger than…
Latvijas Gāze’s tariffs for households to increase between 54.2% to 93% next January
From 1 January 2022 Tariffs of AS Latvijas Gāze for households will increase from 54.2% to 93% depending on consumption volumes, according to…
Registered unemployment level in Latvia reaches 6.4%
The registered unemployment level in Latvia was at 6.4% of the economically active population at the end of November 2021, which is 0.4…
Estonia adopts state budget with defence spending equalling 2.3% of GDP
The Estonian parliament has passed the draft state budget law for the year 2022, earmarking defence spending that equals 2.3% of the Baltic…
OPINION | Ventspils has «three sea ports» – this is not good for entrepreneurship
From ancient history we know a triumvirate is not the best form of governance. The Roman Empire tried it twice and in both…
Ventspils has «three sea ports» – this is not good for entrepreneurship
From ancient history we know a triumvirate is not the best form of governance. The Roman Empire tried it twice and in both…