Average consumer prices in Latvia rose by 7.9% in June 2023, compared to the same period of 2022, according to data from the Central Statistical Bureau, LSM reports. The annual change in prices was mainly influenced by the rise in the price of food and non-alcoholic beverages and of goods and services related to housing,…
The European Commission has granted EUR 6.8mn of financial support for Latvia’s agricultural sector, LSM reports. Latvia had requested EUR 11mn of EU aid. Agriculture Minister Didzis Smits noted that the support accorded to Latvia was proportionally the largest amount of aid granted. The support is intended for industries negatively impacted by the war in…
Latvia’s national air carrier, airBaltic, carried a total of 1.911 million passengers in the first half of 2023, which was up 51.7% from 1.312 million in the same period of 2022, LETA reports. The number of flights performed totalled 20,290, which was up 19.9% from 16,920 a year earlier. CEO Martin Gauss attributed the increase…
Latvia’s new president, former foreign minister Edgars Rinkevics, made his first official visit abroad to Estonia on 10 July 2023, ERR reports. He met with Estonian President Alar Karis, Prime Minister Kaja Kallas, and other officials in Tallinn. They discussed bilateral cooperation, regional cooperation projects, continued support for Ukraine, and the NATO summit in Vilnius….
NATO’s new defence plans for the Baltic region mean that the Estonian people will “no longer have to wait to be liberated” if the country is attacked, Estonia’s Prime Minister, Kaja Kallas, stated, ERR reports. Speaking at the NATO summit in Vilnius, Kallas said that NATO would be ready to fight back immediately, which should…
The defence ministers of Canada and Latvia have signed a commitment to increase the size of NATO’s enhanced Forward Presence battle group in Latvia to a brigade, LETA reports. Under the plan, Canada will double its number of troops in Latvia. Canada will deploy 2,200 troops, with the ability to add hundreds more as needed,…
The Lithuanian fashion retailer, Apranga Group, posted a retail turnover of EUR 147.6mn (including VAT) in the first half of 2023, which was up 15.6% from the same period of 2022, GlobeNewswire reports. Sales in Lithuania amounted to EUR 89.7mn (up 14.8%), in Latvia to EUR 35.0mn (up 14.5%), and in Estonia to EUR 22.9mn…
The Lithuanian dairy processing group, Vilvi Group, posted consolidated sales of EUR 103.73mn in the first half of 2023, GlobeNewswire reports. Compared to the same period of 2022, the group’s sales declined by 8.1%. Vilvi Group consists of Lithuania’s Kelmes Pienas, Kelmes Pienine, Modest, Pieno Logistika, and Vilkyskiu Pienine, as well as Latvia’s Baltic Dairy…
Latvia’s Procurement Monitoring Bureau (IUB) has barred the state-owned provider of electronic communication services, Latvian State Radio and Television Centre (LVRTC), to continue procurement and sign contracts for mobile telephony services, LETA reports. IUB told LVRTC to change the procurement rules. Earlier, mobile telecommunications operator Bite Latvija complained about the terms of LVRTC’s procurement, saying…