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BUSINESS1d agoOne of Latvia’s best-known liquor brands faces an uncertain future as Riga Black Balsam’s producer weighs insolvencyThe board of Amber Latvijas balzams has called a shareholders’ meeting for November 3 to consider whether the company can continue operating and whether to begin insolvency proceedings. The decision will take shareholders’ proposals into account.Meduza [en]
BUSINESSOct 1BNN Interview | Cargo does not disappear it goes to competitors . Latvia is losing millions and its place on the transit mapAn interview discusses how Latvia is losing cargo and millions in revenue to competitors, impacting its position on the transit map. This points to economic challenges and declining competitiveness in the logistics sector.bnn-news.com · Latvia
BUSINESSAug 8Lithuania , Latvia see Kremlin - linked retailer close – but a lookalike raises questionsA Kremlin-linked retailer has closed in Lithuania and Latvia, but a similar-looking entity has emerged, prompting scrutiny. This raises questions about the nature of business operations and potential circumvention of regulations.lrt.lt · Lithuania
BUSINESSJul 19Latvia Tourism Faces Visitor Number DownturnLatvia's tourism sector is experiencing a decline in visitor numbers. This indicates an economic challenge for the country's tourism industry.tourism-review.com · China
BUSINESSJun 17Signet Bank finances the growth of Latvian private equity firm Global Champs through the acquisition of a mushroom farming company in LithuaniaSignet Bank is financing the growth of Latvian private equity firm Global Champs through its acquisition of a mushroom farming company in Lithuania. This outlines a cross-border financial transaction and business expansion in the agriculture sector.baltictimes.com · Latvia