Business
 

Construction of the STIGA RM new wood processing mill begins in Ogre

  • 2025-09-11

One of the leading Latvian wood processing companies, STIGA RM, has signed a partnership agreement with the construction company BauArt for the development of a new production mill in Ogre. At the end of October, a ceremonial time capsule laying will mark the start of construc...

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Green light from Riga City: Capitalica Asset Management begins construction of Verde C and D

Yesterday, 10 September, the Riga City Council’s City Development Department has issued a building permit to investment management company Capitalica Asset Management for the construction of the third and fourth phases of Riga’s greenest office complex – Verde – located at...

Delska’s New 10MW Data Center in Latvia Achieves Tier III Design Certification

Northern European data center operator Delska’s upcoming facility, EU North Riga LV DC1, has been awarded the prestigious Uptime Institute Tier III Design Certification—an important milestone ahead of its planned launch at the end of this year. Once operational, it will be one of the ...

Green light from Riga City: Capitalica Asset Management begins construction of Verde C and D

Yesterday, 10 September, the Riga City Council’s City Development Department has issued a b...

Delska’s New 10MW Data Center in Latvia Achieves Tier III Design Certification

Northern European data center operator Delska’s upcoming facility, EU North Riga LV DC1, ha...

Spectacular 134-meter-long 'Pols' mural unveiled – Food Union’s gift to Riga to celebrate the brand’s 55th anniversary

On warm late summer day, 5 September, Food Union, Latvia’s leading dairy company, unveiled ...

Riga Airport Aims to Achieve Climate Neutrality in 10 Years

RIX Riga Airport has committed to becoming climate neutral by 2035 – 15 years earlier than ...

CleanR Grupa prepares for a new public bond offering in the Baltics

AS CleanR Grupa (the Group), a group of leading companies in the environmental services sector in...

Riga Airport Revenue Exceeds 38 Million Euros in First Half of the Year

RIX Riga Airport reported revenue of 38.2 million euros in the first half of 2025, an increase of...

Reluctance to borrow slows entrepreneurial growth

According to “Oferta Finance” data, entrepreneurs in Latvia, Lithuania, and Estonia r...

Roche Services & Solutions Expands Team with New Office Opening in Riga

Roche Services & Solutions (RSS) opened its doors in Riga two years ago and has since experie...

Storent delivers €22m revenue and 30% EBITDA growth in H1 of 2025, outperforming the market

Storent Holding AS, one of the leading equipment rental companies in the Baltics, increased reven...

A new Chief Financial Officer appointed at Utenos Trikotažas

A new CFO has been appointed at SBA Group company Utenos Trikotažas, replacing Aurimas Likas, who...

Pharmapark starts manufacturing veterinary medicines in Tallinn, Estonia for the international company Interchemie

The international veterinary pharmaceutical company Interchemie Werken De Adelaar Eesti AS is lau...

Caljan invests half a million euros in a modern Technology Centre

With an investment of approximately 550,000 euros, conveyor and automation solutions manufacturer...

Perlas Finance Partners with AMLYZE to Strengthen Anti-Financial Crime Compliance

UAB Perlas Finance, one of Lithuania’s leading payment service providers, has chosen AMLYZE...

FUTURUM: the first private primary school in Jūrmala set to open

Jūrmala is soon to welcome its first private primary school – FUTURUM – offering a st...

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