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Photo: anis Vilisons is Chairman of the Board at Amberstone Hotels, SIA, the owner of Keystone Collection hotel chain

Keystone Collection and new addition, Carillon Aparthotel, breathing life into Riga’s historic heart
  • 2025-11-07
  • Linas Jegelevicius

Keystone Collection is redefining heritage hospitality in Riga’s Old Town by uniting architectural preservation with modern comfort. With two landmark restorations already complete, the group has become a model for how historical integrity and contemporary design can coe...

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RIX Riga Airport Presents its Master Plan 2025–2050  |  APF Holdings’ largest shareholder establishes a new international food production group – Agrova International  |  STIGA RM launches construction of a new wood processing mill in Ogre – set to become one of the most advanced plywood mills in Northern Europe  |  Storent Holding reports record growth – revenue up 33% and EBITDA up 70%; strategic U.S. company acquisition marks next stage of expansion  |  Utenos Trikotažas Grows Sales by One-Third While Maintaining Profitability  |  Luminor grants 5 million euro financing to forestry company Timbro  |  New Direction Brings Results: Omniva Ended the Third Quarter with a Net Profit of 1.7 Million Euros  |  Thai SmartLynx secures AOC, becomes Thailand’s first ACMI airline  |  Ascend Airways Malaysia obtains full AOC and Air Service Permit (ASP)  |  Baltic horizons: BCP’s 'Gateway to Europe' welcomes record levels of Australasian innovation and capital  |  Latvijas Banka dedicates a coin to the 500th anniversary of the first book published in Latvian  |  Summus Capital acquires one of the newest and most successful shopping centres in Southern Poland  |  Venipak’s Five Tips to Ensure Christmas Gifts Arrive on Time  |  Estonia Boosts Long-Range Power with Major South Korean Rocket System Deal  |  Tallink Begins Transition to Bio-LNG Fuel on Shuttle Vessels  |  Omniva Restores the Delivery of All Parcels to the USA for Private Customers
 

Luminor supports MCITY Ulbroka's €2 million investment project

With the support of Luminor, the Latvian real estate developer SIA MCITY Ulbrokas has invested almost 2 million euros in the modernization and expansion of its industrial warehouse Ulbrokas 23. The company has completed the investment project aimed at modernizing, technically renovating and expan...

'Karlsons' and 'Pols' ice creams now in mini size and multipacks! 'Food Union Latvia' invests 25 thousand euros in the development of three new products

Following global ice cream market trends, where convenient multipack formats have become one of the fastest-growing ice cream categories, Latvia’s largest dairy processing company “Food Union Latvia” has invested 25 thousand euros in the development of three new ice cream multip...

Luminor supports MCITY Ulbroka's €2 million investment project

With the support of Luminor, the Latvian real estate developer SIA MCITY Ulbrokas has invested al...

'Karlsons' and 'Pols' ice creams now in mini size and multipacks! 'Food Union Latvia' invests 25 thousand euros in the development of three new products

Following global ice cream market trends, where convenient multipack formats have become one of t...

Riga Airport Becomes the First Climate-Neutral Airport in the Baltics

By reaching Level 3+ accreditation in the global Airport Carbon Accreditation (ACA) programme, Ri...

Eleving Group launches operations in Tanzania

Eleving Group, an international financial technology company listed on the Frankfurt and Riga sto...

RIX Riga Airport Presents its Master Plan 2025–2050

RIX Riga Airport has developed its Master Plan for 2025–2050, defining the long-term vision...

APF Holdings’ largest shareholder establishes a new international food production group – Agrova International

Jurijs Adamovičs, the largest shareholder of APF Holdings (hereinafter – APF), wh...

STIGA RM launches construction of a new wood processing mill in Ogre – set to become one of the most advanced plywood mills in Northern Europe

On Friday a ceremonial time capsule laying took place in Ogre Municipality, Tīnūži Parish, &ldquo...

Storent Holding reports record growth – revenue up 33% and EBITDA up 70%; strategic U.S. company acquisition marks next stage of expansion

The company prepares for a new bond offering Following the acquisition of Conn...

Utenos Trikotažas Grows Sales by One-Third While Maintaining Profitability

During the nine months of 2025, the SBA textile group Utenos Trikotažas continued to grow, with t...

Luminor grants 5 million euro financing to forestry company Timbro

Luminor bank has granted financing of 5 million euro to the forestry company SIA Timbro. The fina...

New Direction Brings Results: Omniva Ended the Third Quarter with a Net Profit of 1.7 Million Euros

The financial results of Omniva, the international postal and parcel logistics group owned by the...

Thai SmartLynx secures AOC, becomes Thailand’s first ACMI airline

Thai SmartLynx, an ACMI (Aircraft, Crew, Maintenance, and Insurance) specialist airline and a par...

Ascend Airways Malaysia obtains full AOC and Air Service Permit (ASP)

Ascend Airways Malaysia, a Malaysia-based airline and part of the world’s largest ACMI (Air...

Baltic horizons: BCP’s 'Gateway to Europe' welcomes record levels of Australasian innovation and capital

We all know the Baltics have emerged as one of Europe’s most dynamic gateways for business ...

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Riga Airport Becomes the First Climate-Neutral Airport in the Baltics
Riga Airport Becomes the First Climate-Neutral Airport in the Baltics
Eleving Group launches operations in Tanzania
Eleving Group launches operations in Tanzania
RIX Riga Airport Presents its Master Plan 2025–2050
RIX Riga Airport Presents its Master Plan 2025–2050
APF Holdings’ largest shareholder establishes a new international food production group – Agrova International
APF Holdings’ largest shareholder establishes a new international food production group – Agrova International
STIGA RM launches construction of a new wood processing mill in Ogre – set to become one of the most advanced plywood mills in Northern Europe
STIGA RM launches construction of a new wood processing mill in Ogre – set to become one of the most advanced plywood mills in Northern Europe
Storent Holding reports record growth – revenue up 33% and EBITDA up 70%; strategic U.S. company acquisition marks next stage of expansion
Storent Holding reports record growth – revenue up 33% and EBITDA up 70%; strategic U.S. company acquisition marks next stage of expansion
Utenos Trikotažas Grows Sales by One-Third While Maintaining Profitability
Utenos Trikotažas Grows Sales by One-Third While Maintaining Profitability
Luminor grants 5 million euro financing to forestry company Timbro
Luminor grants 5 million euro financing to forestry company Timbro
New Direction Brings Results: Omniva Ended the Third Quarter with a Net Profit of 1.7 Million Euros
New Direction Brings Results: Omniva Ended the Third Quarter with a Net Profit of 1.7 Million Euros
Thai SmartLynx secures AOC, becomes Thailand’s first ACMI airline
Thai SmartLynx secures AOC, becomes Thailand’s first ACMI airline
Ascend Airways Malaysia obtains full AOC and Air Service Permit (ASP)
Ascend Airways Malaysia obtains full AOC and Air Service Permit (ASP)
Baltic horizons: BCP’s 'Gateway to Europe' welcomes record levels of Australasian innovation and capital
Baltic horizons: BCP’s 'Gateway to Europe' welcomes record levels of Australasian innovation and capital

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About The Baltic Times

The Baltic Times is an independent monthly newspaper that covers latest political, economic, business, and cultural events in Estonia, Latvia and Lithuania. Born of a merger between The Baltic Independent and The Baltic Observer in 1996, The Baltic Times continues to bring objective, comprehensive, and timely information to those with an interest in this rapidly developing area of the Baltic Sea region. Read more... Our news analysis and commentaries provide readers with insight essential to understanding the three Baltic countries and their neighbors.

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Editor in chief: Linas Jegelevicius

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