Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Latvia Business Bulletin.

Radware and Leading Latvian ISP Tet Sign Managed Security Services Provider Agreement
MAHWAH, N.J., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, and Tet, one of Latvia’s largest technology and innovation companies and internet...

Latvian President Demands Immediate Action on Gaza Crisis
(MENAFN) Latvian President Edgars Rinkēvičs on Tuesday called for urgent steps to secure the release of hostages and alleviate the humanitarian crisis in Gaza, as he met with visiting Israeli President Isaac Herzog in Riga. President Herzog,...

Lisata Therapeutics Reports Second Quarter 2025 Financial Results and Provides Business Update
Cash runway extending into the fourth quarter of 2026 with no debt, funding current clinical programs through to their next data milestone Conference call scheduled for today at 4:30 p.m. Eastern Time BASKING RIDGE, N.J., Aug. 07, 2025 (GLOBE...

Heterogeneity in buffers set for systemically important banks in the European banking union
Prepared by Matteo Greco, Maciej Grodzicki and Ursula Vogel[1] Published as part of the Macroprudential Bulletin 30, August 2025. Unwarranted heterogeneity in O-SII buffer levels in the European banking union may have adverse consequences for...

Lithuania’s Power Prices Surge on EU Heatwave Strain
(MENAFN) Lithuania saw its average wholesale electricity price more than double last week, reaching 81 euros (93.96 U.S. dollars) per megawatt-hour (MWh), according to Litgrid, the country’s electricity transmission system operator. The surge was...

iGaming Studio Summit 2025 Set to Ignite Innovation in Riga
RIGA, LATVIA, July 28, 2025 /EINPresswire.com/ -- A fresh wave of Studio minds will gather in Riga, Latvia, in just two weeks as the iGaming Studio Summit 2025 opens its doors for the first time on 6 – 7 August at the Radisson Blu Hotel & Spa,...

Wisconsin Business Owner Pleads Guilty to Violating Export Control Reform Act
Andrew Pogosyan, 68, a U.S. citizen born in Russia and residing in Madison, pleaded guilty today in federal court to a four-count criminal information charging him with conspiracy to defraud the United States and smuggling goods from the United...

Nordic, Baltic Leaders Urge Unity with Ukraine
(MENAFN) In a unified declaration released on Saturday, eight countries from the Nordic and Baltic regions emphasized the necessity of taking the "next step" toward peace in full collaboration with Ukraine. The leaders of the Nordic-Baltic Eight...

Heads of government of Baltic, Nordic countries stand reassure stance with Ukraine
(MENAFN) Leaders of the Baltic and Nordic countries issued a joint statement on Saturday, emphasizing that Ukraine alone must determine its future and reaffirming their "unwavering support for Ukraine's sovereignty, independence, and territorial...

Euro Area Posts Larger-Than-Expected Drop in Industrial Output
(MENAFN) Industrial production in the eurozone experienced a sharp decline of 1.3% in June, a larger-than-expected drop that signals widespread weakness across several key sectors, as reported by Eurostat on Thursday. Economists had predicted a...

Draganfly Announces Second Quarter Results of 2025 with 37% Increase in YoY Product Sales
Vancouver, BC., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its second...

EU Balance of Payments and International Investment Position statistical sources and methods - B.o.p. and i.i.p. e-book
Introduction The European Central Bank (ECB), with the support of the European System of Central Bank’s (ESCB’s) Statistics Committee, compiles and publishes the balance of payments (b.o.p.) and the international investment position (i.i.p.) of...

Lithuania Declares Emergency Due to Flooding
(MENAFN) Lithuania has officially declared a state of emergency after heavy rains this summer severely affected the country's agricultural sector. This decision aims to provide more organized and nationwide assistance to the farmers struggling due...

Lithuania’s unseasonal torrential rains cause nation to declare state of emergency
(MENAFN) Lithuania has declared a state of emergency following weeks of torrential rain that severely damaged the country’s agricultural output. The government said the move will allow for more coordinated, nationwide support for farmers...

Lithuania announces state of emergency
(MENAFN) Lithuania has declared a state of emergency following severe summer rains that heavily damaged the country’s agricultural output. The government said the declaration will allow for more coordinated national support for farmers impacted by...

Moscow claims NATO playing on fascism to pressure Russia
(MENAFN) Russian Foreign Ministry spokeswoman Maria Zakharova has accused NATO of using “systemic subversion” tactics against Moscow, following NATO Secretary General Mark Rutte’s recent statement rejecting recognition of Russian-controlled...

Zakharova Criticizes NATO's Stance on Russian Territories
(MENAFN) In a recent article published by a newspaper, Russian Foreign Ministry representative Maria Zakharova strongly criticized comments made by NATO Secretary General Mark Rutte. She described Rutte's refusal to acknowledge new Russian...

Time to be strategic: how public money could power Europe’s green, digital and defence transitions
25 July 2025 By Othman Bouabdallah, Ettore Dorrucci, Carolin Nerlich, Christiane Nickel and Aurelian Vlad Following the June NATO summit, Europe is confronting heightened challenges in financing its green, digital and defence transitions as new...

Payments statistics: second half of 2024
23 July 2025 The European Central Bank (ECB) today published statistics on non-cash payments for the second half of 2024.[2] The statistics comprise indicators on access to and use of payment services, payment cards and payment terminals by the...

GammaStack and Trifecta Gaming Partner to Power the Next Wave of Slot and Crash Games
Trifecta Gaming and GammaStack team up to co-build high-quality slot and crash games with shared creativity, tech expertise, and a hands-on approach. RIGA, LATIVA, LATVIA, July 24, 2025 /EINPresswire.com/ -- In a partnership built on precision,...