Riga Airport receives state aid of 35.23 million euros to increase its share capital

  • 2021-07-01
  • TBT staff
Riga International Airport has received state aid in the amount of EUR 35.23 million, necessary for increasing the airport's share capital, which had also been approved by the European Commission. In accordance with the state aid conditions, EUR 4.51 million from the airport's dividends from the 2019 profit will also be left to the airport. Increasing the share capital will allow the airport to compensate for the losses caused by the Covid-19 crisis, as well as provide sufficient liquidity to cover the costs of the airport's economic and ope...
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