Debts of clients of JSC Rīgas siltums exceeds EUR 15 million
Between October and December 2021 the amount of money owed by clients of Riga municipality’s JSC Rīgas siltums for the heating energy supplied…
Category: Business
Estonia to increase state co-funding to installing solar panels
Amid high prices for electricity produced in power plants, the Estonian government plans to increase availability of state co-funding for both improving energy…
Citadele Bank’s owned bank in Switzerland bought by Trusted Novus Bank
Kaleido Privatbank owned by Citadele Bank in Switzerland has been bought by Gibraltar-based Trusted Novus Bank Limited, as confirmed by Citadele Bank’s representatives….
Early search for Estonian hotel staff shows business confidence in coming summer
On the Estonian labour market, hotels and restaurants have begun to look for staff for the distant summer season, showing business confidence in…
Estonian PM lists ways to stabilise electricity prices and market
Estonian Prime Minister Kaja Kallas has delivered a speech on legislative options at national, bilateral and EU level to alleviate the current crisis…
Lithuania rejects attempt to lower country’s high legal drinking age
In the Lithuanian Seimas, legislators have rejected amendments to country’s strict rules on the sale of alcoholic beverages, Lithuanian public broadcaster LRT reports….
Latvian VID to commence criminal prosecution of one for tax avoidance
In January 2022 Latvian State Revenue Service (VID) Tax and Customs Police sent two criminal procedures to the Tax and Customs Affairs Office…
Estonian power consumption increased by 10%, while prices rose by 345%
Electricity prices in Estonia have been reaching new, surprising records this heating season, and yet power consumption in the country increased by ten…
Lipmans family ordered to pay back EUR 1.9 million to Latvian state
The ruling in the lawsuit submitted by LLC Public asset manager Possessor against JSC Grindeks shareholders Kirov Lipmans and Filips Lipmans, requesting the…
