Riga International Airport reports rapidly increasing number of passengers
In the first eight months of 2022 Riga International Airport serviced 3.4 million passengers, according to the airport’s operational data. Compared to the…
Category: Current news
PTAC invites careful evaluation of heat cost allocators
Latvian Consumer Rights Protection Centre (PTAC) invites residents to carefully assess the installation of heat cost allocators, BNN was told by PTAC representatives….
Clients of former ABLV Bank reminded to sign up for guaranteed remuneration
Latvian Finance and Capital Market Commission (FKTK) reminds the clients of the now liquidated ABLV Bank to sign up for guaranteed remuneration by…
Producer prices in Latvia rise more rapidly than average in Europe and Eurozone
Industrial producer prices in Latvia increased by 49.3% in July 2022 when compared to the same month of 2021. This is a more…
Latvia increases tariffs of produced heating energy; prices in Riga to be strongly affected
Latvian Public Utilities Commission (SPRK) has approved new heating energy tariffs for Latvenergo JSC TEC-1 and TEC-2. Tariffs will be significantly above existing…
U.S. investment company Blackstone becomes owner of 80.05% of Luminor Holding shares
After purchasing 11.6% of Luminor Holding shares from Nordea, U.S. investment company Blackstone now owns 80% of Luminor Bank’s subsidiary – Luminor Holding…
With the start of the new school year, motorists in Latvia have to be especially careful
On Knowledge Day – 1 September – motorists should be especially careful when driving through populated areas and near schools, as there are…
Legal persons in Latvia to receive compensation of electricity transmission service fee
Specific support mechanisms have been adopted for businesses from 1 October onward to help reduce the negative influence of growing prices of energy…
Liepaja prison construction cost estimated at 128-138 million euros
Two companies have submitted offers for the construction of Liepaja Prison – UPB JSC and Citrus Solutions LLC, as confirmed by Latvian Ministry…
