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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Lithuania: Klaipeda authorites recommend not to swim in Baltic Sea

Authorities in Lithuania’s port city of Klaipeda have recommended people not to swim in the Baltic Sea, following a leak of sewage from a water treatment plant in Latvia’s Liepaja, LRT reports. Authorities are now analysing samples to determine the quality of the water. Latvia’s State Environmental Service (VVD) assured that the sewage leak posed…

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Latvia: Health Ministry proposes restricting alcohol sale

Latvia’s Health Ministry has proposed amendments to further restrict the availability of alcohol, LSM reports. The amendments would reduce the sales hours of alcoholic beverages, ban sales of alcohol at petrol stations, and raise the legal drinking age to 20 years. The ministry hopes that the amendments will reduce alcohol consumption, illness, injuries, and mortality….

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