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Next Generation and DECTA Limited Join Forces to Launch Pan-European Euro-Pegged Stablecoin, EURT, in Compliance with MiCAR

A newly formed French company closely affiliated with a well-known European fintech player and an Irish financial institution has agreed to ente...

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Engaging Donation System Teaches the Community the Value of Giving Back

This year, Ülemiste Centre has replaced its cash donation box with an electronic donation system, allowing visitors to support four...

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Latvia aims to strengthen state ownership and control of Tet and LMT - Valainis

RIGA - The government is currently weighing options for strengthening state ownership and control of telecommunications company Tet and  mo...

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airBaltic cancels flights to Tel Aviv until August 11 over security concerns

RIGA - Latvian national carrier airBaltic has cancelled all flights to and from Tel Aviv until Sunday, August 11, over security concerns, the co...

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Virši commences operation in Lithuania: first service station opened near Marijampole

The energy commodities trader and convenience store network AS VIRŠI-A (hereinafter – Virši) commences its operation...

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2023 turnover of Food Union in Latvia exceeds EUR 150 million, growing 12%

Latvia’s leading dairy processing and ice cream manufacturer Food Union, including Rigas Piena Kombinats and Valmieras Piens plant...

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55% of Latvia’s residents are looking to the coming school year with concern

Although summer is still in full swing, the start of the new school year is not far away, and it brings out a wide range of emotions in ...

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Storent Holding posts €20m turnover in H1, sees gradual market recovery in the Baltics

In the first six months of 2024, construction equipment rental company Storent Holding (Storent) generated a turnover of almost 20 milli...

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GBP 750,000 forfeited from Aven, following investigation on evasion of sanctions

LONDON - Estate manager of Russian billionaire Petr Aven has agreed to forfeit GBP 784,000 (EUR 890,000) following an investigation from the UK&...

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Latvia to become NIB’s second host country

On 30 July, the Nordic Investment Bank (NIB) and the Republic of Latvia signed a Host Country Agreement. The agreement will formalise th...

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