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'Merito Partners’ commits over EUR 6 million to transform 'Go Planet’ building into one of the largest self storage facilities in Eastern Europe

In September, ‘Safe Storage Group’, a portfolio company of ‘Merito Self Storage Fund’ managed by Latvian investment comp...

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Holm to raise interest rates on all term deposits to record high levels

The Estonian-owned Holm Bank has decided to raise the interest rates on its term deposits to 4.5% regardless of the term of the deposit in quest...

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New foreign bank set to enter Lithuania soon – c.bank

VILNIUS – A new foreign bank is set to enter Lithuania soon, a representative of the central Bank of Lithuania says. ...

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Latvijas Banka has revised its macroeconomic forecasts

Latvijas Banka has published its latest September 2023 macroeconomic forecasts. Growth of Latvia's gross domestic product (GDP) is expe...

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Reduced VAT rate on fruit and vegetables has led to increased consumption of imported products - Krauze

RIGA - The reduced rate of value added tax (VAT) on fruit and vegetables in Latvia has increased the consumption of imported products, Agricultu...

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BGS and Turkish Airlines Extend Partnership to 2026

BGS, a leading ground handling, aircraft fuelling, and logistics services, is pleased to announce the extension of its partnership with Turkish ...

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"Payment Radar": the ratio of non-cash to cash payments in Latvia is 73% to 27%

The most recent (autumn 2023) "Payment Radar" of Latvijas Banka suggests that the ratio of non-cash to cash payments in Latvia wa...

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Michelin to present Latvia's best restaurants on November 21

RIGA - Michelin Guide, the leading and most popular restaurant guide in the world, will present its report on Latvia's best restaurants at a...

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The second edition of “Rail Baltica in Economic Focus” centers on the future passengers’ needs, the cost of materials and construction and market engagement

Rail Baltica joint venture RB Rail AS presents the second edition of the digital newsletter “Rail Baltica in Economic Focus” aiming ...

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First new concept Virši store opens in the centre of Riga

The first Virši store, which operates outside the usual service station format, has opened its doors for visitors at Tērbatas Street 22/2...

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