Latvia: State Security Service probes gas company Latvijas Gaze

Latvia’s State Security Service (VDD) is investigating whether the decision of Latvian gas company Latvijas Gaze’s shareholder meeting to pay dividends to one of the company’s owners, Itera Latvija, violates EU sanctions on Russia, LETA reports, citing TV3. VDD stressed that providing financial resources to sanctioned entities, directly or indirectly, was prohibited. Latvijas Gaze insisted…

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Latvia: Sputnik Lithuania editor-in-chief flees Latvia after trial

The editor-in-chief of Russian propaganda agency Sputnik’s Lithuanian edition, Marats Kasems, has fled Latvia, fearing criminal prosecution, Maria Zakharova, spokeswoman for Russia’s Foreign Ministry, announced, LETA reports. Riga-based Russian independent news website Meduza reported that Kasems was now in Russia. Meanwhile, his Facebook page indicates that he is currently in the UK. Earlier, Kasems pled…

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Latvia: Orlen Latvija biggest corporate taxpayer in 2022

Latvia’s State Revenue Service (VID) has published a list of the country’s 17 largest corporate taxpayers, Baltic News Network reports. VID highlighted the largest taxpayers in the large, medium, and small business segments in Latvia’s five regions. The country’s biggest taxpayer in 2022 was Polish-owned fuel trader Orlen Latvija, which paid 278.95mn in taxes. In…

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Baltic: SEB Bank lends EUR 30mn to data centre operators DEAC, DLC

Latvian data centre operator DEAC and Lithuania’s Data Logistics Center (DLC) have obtained a ten-year loan of EUR 30mn from SEB Bank, The Baltic Times reports. The companies will use the funds to further expand their telecommunication infrastructure. DEAC will build a third data centre in Riga, while DLC will expand its data centres in…

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