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airBaltic reports profit of 5.4 million in 2018

RIGA - Latvian airline airBaltic continued its growth in 2018 and achieved strong financial results. According to the financial results for 2018...

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airBaltic starts direct flights from Riga to Stuttgart and Lviv

RIGA - Latvian airline airBaltic yesterday, on March 31, 2019, launched the second summer route connecting Riga and Stuttgart, Germany. In addit...

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Extension for VIP terminal, conference center to be built at Vilnius Airport

VILNIUS – An extension will be built at Vilnius Airport, housing a VIP terminal and a conference center. Also, the airport's central s...

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airBaltic launches flights between Riga and Dublin

RIGA - Latvian airline airBaltic on March 31, 2019 launched scheduled flights between Riga and Dublin, Ireland. Now airBaltic flies with the mos...

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Insurance companies in Latvia make EUR 12.383 million profit in 2018

RIGA - Last year, insurance companies operating in Latvia generated EUR 12.383 million in aggregate profit, down 22.6 percent from 2017, accordi...

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Distribution of Rigvir anti-cancer medicine suspended

RIGA – The State Agency of Medicines (ZVA) has decided to suspend distribution of Rigvir anti-cancer medicine, while the National Health S...

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Danish company to start trout farming in Lithuania's Klaipeda, to employ 65 people

VILNIUS – Danish company Hjarno Havbrug plans to launch a trout farming business on the Baltic coast near the port of Klaipeda and hire 65...

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The first design contract for the Rail Baltica main line signed

On 29 March 2019, representatives of the Rail Baltica Joint Venture RB Rail AS and the Spanish company IDOM Consulting, Engineering, Architectur...

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Fully-serviced business centre and coworking space Workland Maakri to open in summer 2019

TALLINN - Workland Group, a provider of fully-serviced business centres and coworking spaces across the Baltics, will shortly launch the constru...

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The Council of Latvijas Banka refines the regulatory framework for purchasing and selling cash foreign currency

RIGA - The Council of Latvijas Banka adopted several legal acts today, thereby refining the regulatory framework for purchasing and selling cash...

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