Latvia Business Bulletin
SEE OTHER BRANDS

Hottest business and economy news from Latvia

Welcome to Latvia Business Bulletin

Latvia Business Bulletin

Press Releases

Riga’s officials get compared to German Nazis by Top Russian MP
Latvia Scales Back Support Measures for Ukrainian Refugees
Latvia approves changes to law on supporting Ukrainian refugees
Market expectations match rise of eurozone annual inflation
Latvian Broker Pleads Guilty to Conspiring to Illegally Export U.S. Aircraft Technology to Russia

Latvian Broker Pleads Guilty to Conspiring to Illegally Export U.S. Aircraft Technology to Russia

Latvian national, Oleg Chistyakov, aka Olegs Čitsjakovs, 56, pleaded guilty today for his role in a years-long conspiracy to circumvent U.S. export laws by filing false export forms with the U.S. government and, after Russia’s invasion of Ukraine...

Owner:  American Government
Keep calm and carry cash: lessons on the unique role of physical currency across four crises

Keep calm and carry cash: lessons on the unique role of physical currency across four crises

Prepared by Francesca Faella and Alejandro Zamora-Pérez 1 How crises strongly affect cash circulation Demand for euro banknotes has exhibited robust growth despite ongoing payment digitisation. While the share of cash in daily transactions has...

Owner:  European Union
Show All
Latvia Business Bulletin

Latest News

“In previous years, export accounted for 60% of our sales but now the trend has changed, and 60% are sold on the local market, 40% are sent for export”- "Solomone"
Nicholas A. Riga

Nicholas A. Riga

Share Tweet Share Share Email Comments WESTFIELD – Nicholas A. Riga of Westfield, MA died on October 21st, 2025. Nick was born in Westfield on October 30th, 1936, the son of the late Nicholas and Lucy (Cennamo) Riga and first grandchild of Rosina...

Owner:  Patrick Berry
€295.5 million EU grant boosts Rail Baltica construction progress across Estonia, Latvia, and Lithuania

€295.5 million EU grant boosts Rail Baltica construction progress across Estonia, Latvia, and Lithuania

Rail Baltica secures €295.5 million EU funding to advance construction, electrification, and infrastructure across Estonia, Latvia, and Lithuania, with full-scale works well underway. Rail Baltica, Europe’s flagship cross-border rail project, has...

Owner:  Joshua N. T. Russell
Latvia's public debt was 1.8% of GDP in 2024

Latvia's public debt was 1.8% of GDP in 2024

Compared to 2023, it is EUR 202 million less. In turn, general government consolidated gross debt accounted for EUR 18.8 billion or 46.6 % of the GDP, and during the year it has increased by EUR 1.2 billion. General government expenditure in 2024,...

Owner:  Latvian Government
Latvian army rearms: a 50 million euros purchase unlike any before

Latvian army rearms: a 50 million euros purchase unlike any before

The Ministry of Defence (MoD) has signed an agreement with the German company Dynamit Nobel Defence (DND) for the purchase of remote mining systems worth 50 million euros, the ministry announced. Under the contract, Latvia will acquire Skorpion 2...

Owner:  Fred Zimmer
Latvia sees increased logging

Latvia sees increased logging

In recent years, Latvia has seen a trend of increasing deforestation. According to the State Forest Service (VMD), more than 530,000 hectares have been certified for logging since 2022. Forest managers point out that deforested stands are restored...

Owner:  Latvian Government
Azerbaijan strengthens economic ties with Latvia, Estonia, and Finland

Azerbaijan strengthens economic ties with Latvia, Estonia, and Finland

Today’s event marks a new stage in strengthening economic partnerships between Azerbaijan and the business communities of Latvia, Estonia, and Finland, said Ziya Hajiyev, Secretary General of the National Confederation of Entrepreneurs (Employers)...

Owner:  Fazil Abbasov
Latvian Companies Eye ICT And Innovation Co-Op Options With Azerbaijan
Triumph for Latvian gastronomy: 34 restaurants included in the “Michelin Guide 2026”

Triumph for Latvian gastronomy: 34 restaurants included in the “Michelin Guide 2026”

A total of 34 Latvian restaurants have been included in the 2026 edition of the international gastronomic guide Michelin Guide, including three new entries, while the restaurants John Chef’s Hall and Max Cekot Kitchen have retained their one...

Owner:  Fred Zimmer
Latvian fintech Eleving Group raises €275mn in oversubscribed bond issue
Show All

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions