Business
 

36% of Latvian families can dedicate up to EUR 100 to prepare their child for school

  • 2024-08-23

In preparation for the new school year, some Latvian families can devote fewer financial resources to purchasing school supplies than they actually need. The AKROPOLE shopping and entertainment centre survey shows that a third of respondents (36%) will be able to spend up to E...

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Avia Solutions Group reports €1.2bn in revenue for first half of 2024 as airline demand for summer capacity soars

Dublin based Avia Solutions Group (‘the Group’), the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, which operates a 214-aircraft fleet in total, split between 174 passenger aircraft and 40 freighters, reports first half revenues of €1.2 billion...

Vilvi Group starts construction of €50 million cheese production facility in Latvia

With the laying of a symbolic capsule, Vilvi Group, one of the biggest dairy enterprises in the Baltic States, began building of a new cheese factory in Bauska, Latvia. The facility is the biggest investment project in the Group's history, with a value of over EUR 50 million.  &...

Avia Solutions Group reports €1.2bn in revenue for first half of 2024 as airline demand for summer capacity soars

Dublin based Avia Solutions Group (‘the Group’), the world’s largest ACMI (Airc...

Vilvi Group starts construction of €50 million cheese production facility in Latvia

With the laying of a symbolic capsule, Vilvi Group, one of the biggest dairy enterprises in the B...

Over 390 tons of synchronous condenser equipment, essential for the stability of Latvia's power system, has been received at the Port of Ventspils

At the Freeport of Ventspils, a significant shipment for Latvia's power system stability has ...

Topping Out celebration at Satekles Business Center developed by Linstow Baltic

On August 15th this year the Topping Out ceremony was celebrated for the Satekles Busin...

Harris Manolopoulos joins SmartLynx as Fleet Director

SmartLynx Airlines, a globally recognized ACMI (Aircraft, Crew, Maintenance, Insurance), cargo, a...

Stiga RM invests more than EUR 7 million in the green transformation of production

Implementation of a major energy efficiency and emissions reduction project at the birch plywood ...

Magnetiq Bank becomes the first bank to join the FinTech Latvia Association

The FinTech Latvia Association (FLA) has signed a cooperation agreement with AS Magnetiq Bank. Th...

Riga Airport Undertakes to Reach Zero CO2e Emissions by 2035

Taking into account the need to accelerate climate change mitigation and strengthen company's...

In July, SmartLynx carried a record number of passengers – more than 1 million

SmartLynx Airlines, a globally acknowledged ACMI (Aircraft, Crew, Maintenance, Insurance), cargo ...

Impact of Economic Indicators on Fundamental Analysis

Fundamental analysis is a cornerstone of investment decision-making, focusing on the underlying f...

Gediminas Ziemelis and Mike Pompeo Discuss Aviation and Basketball

Gediminas Ziemelis, Chairman of the Board at Avia Solutions Group, recently met with Mike Pompeo ...

14th of August, AS Grenardi Group launches a new bond offer with an annual interest rate of 10%

AS Grenardi Group, the most rapidly growing jewellery retailer in the Baltics (a parent company o...

Food Union last year exported 30% of its output for EUR 45 million

Latvia’s leading dairy processing and ice cream manufacturer Food Union, including Rigas Pi...

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...

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