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…
Category: Current news
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…
Latvian government agrees to provide object of national interest status to Skulte LNG terminal
On Tuesday, 30 August, Latvia’s government agreed to provide object of national interest status to Skulte liquefied natural gas terminal (LNG), as journalists…
Bank of Latvia completes second solar panel park
The Bank of Latvia concluded work on another solar panel park project. 384 solar panels with power output of 142 kW were installed….
Rīgas ūdens to increase water service tariffs in October
Latvia’s Public Utilities Commission (SPRK) has approved the new water service tariff submitted by Rīgas ūdens LLC – from 1 October onward the…
August’s last weekend will be hot in Latvia
This weekend will remain mostly dry and sunny in Latvia. At times, however, clouds will appear and will bring local showers. The heat…
World narrowly escapes nuclear catastrophe
Ukrainian President Volodymyr Zelenskiy said the world narrowly avoided a radiation disaster as electricity to Ukraine’s Zaporizhzhia nuclear power plant was cut for…
