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Lithuanian court to rule on 1st complaint over lockdown restrictions on businesses

VILNIUS – A Vilnius court is expected to rule on Thursday on the first known complaint against the government for imposing coronavirus loc...

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Latvia has decided to invest additional EUR 3 million in organization of Ice Hockey World Championship

RIGA - The Latvian government decided to invest additional EUR 3 million in hosting the Ice Hockey World Championships, said Education and Scien...

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China's Nuctech surprised at its elimination in Lithuania, minister keeps mum

VILNIUS – Nuctech, a Chinese state-owned security inspection products company, has expressed its surprise at the recent decision by the Li...

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Police uncover money laundering via digital currency machines in Riga's shopping centers

RIGA - Investigators from the State Police have uncovered money laundering via digital currency machines (DCM) installed in Riga's shopping ...

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Levits urges government to consider reducing VAT on Latvian literature and mass media to 5%

RIGA - President Egils Levits has turned to the Cabinet of Ministers suggesting that the government, in cooperation with publishing houses, cons...

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Competition watchdog fines Latvijas Dzelzcels railway company with EUR 5.7 million for abuse of dominant position

RIGA - The Competition Council has fined Latvijas Dzelzcels (LDz) state-owned railway company with EUR 5.7 million for abuse of dominant positio...

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Fermi Energia: Nuclear waste could potentially be stored in Estonia

TALLINN – According to a survey commissioned by the company Fermi Energia, which seeks to set up a modular nuclear power plant in Estonia,...

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US business community urges Lithuania to appoint ambassador to Washington

VILNIUS – The US business community is calling on Lithuania to appoint its ambassador to the United States as soon as possible. &#...

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Karavela fish cannery closes 2020 with EUR 66 million turnover

RIGA - Latvia's Karavela fish processing company and cannery achieved EUR 66 million in turnover last year, which is an increase of 27.8 per...

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Foreign investors in Latvia see least progress within demography, uncertainty, and the tax system

RIGA - The results of the 2020 Foreign Investors Council in Latvia (FICIL) Sentiment Index study suggest that foreign investors in Latvia see th...

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