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Foreign Ministry warns banks about risks for cooperation with Lembergs

RIGA - After the US has imposed sanctions against Ventspils Mayor Aivars Lembergs, Ventspils Freeport Administration and three organizations, an...

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Freeport of Ventspils must immediately be separated from officials mentioned in U.S. list of sanctioned individuals - Linkaits

RIGA - The Freeport of Ventspils must immediately be separated from persons mentioned in the U.S. list of sanctioned individuals, Minister of Tr...

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FCMC imposes the 1.6 million euro fine and a number of legal obligations on JSC "Baltic International Bank"

The Board of the Financial and Capital Market Commission (FCMC) on 29.11.2019 adopted a decision to impose a fine of 1 556 046euro on the JSC &q...

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Rebuilding of Renge track in Lithuania nears completion

VILNIUS – The rebuilding of a 19-km railway section between Lithuania's Mazeikiai and Renge, in Latvia, that was dismantled a decade a...

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airBaltic receives its 21st Airbus A220-300 in the new livery

RIGA - Latvian airline airBaltic on December 6, 2019 in Riga welcomed its 21 st Airbus A220-300 jet, registered as YL-AAU in a new livery. The 2...

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Ignitis Group is rewarded for the largest Lithuanian investment in Poland

Ignitis Group, an international energy company and one of the largest energy groups in the Baltic region, was awarded in the Polish Business Awa...

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Estonia to launch U-space services in partnership with AirMap

Estonian Air Navigation Services (EANS), a modern and dynamically developing air navigation services provider, and AirMap, the leading airspace ...

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Marguerite Fund to sell its shares in Conexus to Japanese company Marubeni

RIGA - Marguerite Fund has signed a sale purchase agreement with Marubeni-backed MM Capital Infrastructure Fund 1 from Japan regarding the dives...

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airBaltic presents Airbus A220 full flight simulator

RIGA - On December 3, 2019 Latvian airline airBaltic welcomed the Minister of Transport of the Republic of Latvia, partners, local and internati...

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The CC imposes fine on one of the largest traders of building materials for non-fulfilment of the company obligation

On 21 November, the Competition Council of Latvia (the CC) adopted a decision, detecting that one...

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