War in Ukraine and sanctions cause a drop in freight carried by aircraft in Latvia
Operational data on the Airport performance show that this April, more than 419 thousand passengers used Riga Airport; in turn, in the first…
Category: Business
Latvian government has no plans to increase bus ticket prices due to fuel prices
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
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
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
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
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
Last week, the top news in Lithuania were the announcement of a large lay-off at the railway company LTG Cargo, Lithuanian businessmen acquiring…
EU’s single currency drops in value against dollar
This week, the valued of the euro fell below 1.06 US dollars for the first time in five years, British news portal The…
Statistics Estonia reports major turnover increase in in stores selling manufactured goods
According to Statistics Estonia, in March, the turnover of retail trade enterprises was 891 million euros. Compared to March 2021, turnover increased by…
