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…
Latvia’s new president, Edgars Rinkevics, addressed the participants of the closing ceremony of the Latvian Song and Dance Festival in Riga on 9 July 2023, LSM reports. Speaking to the “wise, capable, and tenacious Latvian people,” Rinkevics noted that the festival has allowed people from all across Latvia to reaffirm each generation’s loyalty to their…
Latvia’s President, Edgars Rinkevics, met with Canadian Prime Minister Justin Trudeau in Riga, LETA reports. The two officials discussed the NATO summit in Vilnius, support for Ukraine, the situation in Belarus and Russia, and bilateral economic cooperation. Rinkevics expressed Latvia’s wish for Canada to expand its military presence in Latvia. Canada leads the NATO enhanced…
Estonia’s exports of goods totalled EUR 1.6bn at current prices in May 2023, which was down 15% from the same period of 2022, according to data from Statistics Estonia, ERR reports. Exports of goods of Estonian origin fell by 21% and accounted for 65% (69%) of total exports. Overall imports totalled EUR 1.9bn, which was…
Canada’s Prime Minister, Justin Trudeau, is visiting Latvia on 10 July 2023 en route to the NATO summit in Lithuania’s capital, Vilnius, LSM reports. He will meet with several Latvian officials and hold a joint press conference with Latvian Prime Minister Krisjanis Karins. Trudeau promised to more than double the size of Canada’s contribution to…
The Nordic Investment Bank (NIB) has signed an agreement with Latvian capital Riga’s heating supplier, Rigas Siltums, on a ten-year loan of EUR 20mn, LSM reports. Rigas Siltums will use the funds to finance its 2022-2023 investment programme to improve the district heating infrastructure in Riga. The company will invest a total of EUR 29mn…
Latvia’s Ministry of Welfare has submitted the Council of Europe’s Istanbul Convention on violence against women and domestic violence for approval to the government, LETA reports. Under the draft law, ratification would include a reservation that Latvia would implement the convention in line with “the values, principles, and norms enshrined in the Constitution,” which stipulates…
Priority activities in Latvia’s welfare sector require budget funding of EUR 108.7mn in 2024, Welfare Minister Evika Silina stated, Baltic News Network reports. She noted that providing sufficient funding for the welfare sector was an investment into a “stable and well-off society.” Silina said that budget funding was needed for hospice care, child protection, support…