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Taking into account that lending volumes are not growing, possibility of introducing windfall tax on banks should be assessed - economics minister

RIGA - Taking into consideration that lending volumes are not increasing, the possibility of introducing a windfall tax on banks should be asses...

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EU commission welcomes Baltic deal to complete grid synchronization by Feb 2025

VILNIUS – The European Commission on Thursday welcomed the three Baltic countries' agreement to synchronize their electricity grids wi...

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Baltic ticketing platform Piletilevi grows rapidly in Europe

The leading ticketing group in the Baltics, Piletilevi, which also includes the Latvian company Biļešu Serviss, will acquire Bilete.ro, t...

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BaltCap and Draugiem Capital become majority shareholders of IGLU brand developer Pepi Rer

BaltCap, the largest private equity fund manager in the Baltics and investment company Draugiem Capital invest in Latvia based multi-sec...

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Five candidates have qualified for the 2nd stage of the Rail Baltica Control-Command and Signalling subsystem Design and Build (D&B) procurement

Earlier in 2023, Rail Baltica provided an update on the progress of the strategic design and construction procurement for the Control-Command an...

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In October, Riga will host Latvia Fintech Forum and the competition for fintech companies

On 10 October 2023, Riga will host the second Latvia Fintech Forum bringing together managers of fintech companies from Latvia and ...

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Speed cameras have recorded much fewer infringements this year than in 2022

TALLINN - A significant drop has occurred in the number of infringements recorded by speed cameras in Estonia in the first seven months of this ...

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Spanish Air Force takes over Estonia-based Baltic air policing duties

TALLINN - In a changeover ceremony at Amari Air Base in northwestern Estonia on Wednesday, the UK's Royal Air Force handed over the duties o...

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International operation confiscates counterfeit goods worth EUR 87 million and arrests 378 persons

RIGA - A number of EU member states and three non-EU countries last year conducted operation Fake Star, during which counterfeit goods worth EUR...

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Baltic TSOs agree on European synchronization in February 2025

VILNIUS – The Lithuanian, Latvian and Estonian electricity transmission system operators – Litgrid, AST and Elering – have sig...

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