2023-01-10
Surprise: despite the war, average investment deals exceed 2021
For those who are trying to understand how much money is reasonable to invest in the current conditions, Latvia offers a tailor-made agenda.
Category: Latvia
2022-12-31
Official narrative aside, upward inflation is over the horizon
The forecasts for Latvia see a persistently high degree of uncertainty. GDP is revised downwards to 2.1%, with a 5.6% contraction in household consumption.
2022-12-03
Riga build-up the largest solar panel port in the Baltic
The winner of the auction is UAB Saulės Grąža. The total investment in development and distribution will exceed EUR 90 million.
2022-11-29
Green energy made in the Baltics: power for development
ELWIND has been listed on the first list of green energy cross-border (CB RES) projects under the EU Connecting Europe Facility (CEF).
2022-11-12
Gas supplies and hope at risk before winter ends
The rise in relative costs and the gas storage/demand gap in Latvia will make the path rockier, thus weakening competitiveness.
2022-11-08
Start-ups in the Baltics: the fastest-growing ecosystem in Europe
Latvia’s recognitions at the last Go Global Awards underline its own achievements through innovations and technological development.
2022-10-29
Supply disruption and fewer energy resources: stagnation is the watchword
In Latvia, the second half of this year and the beginning of 2023 will see an even stronger slowdown of economic growth and energy resources.
2022-10-11
How Fintech fuels a 13.2-bn race to the Baltic
Fintech is one of the fastest growing sectors to the Baltic, with 118 of about 400 start-ups in 2021 (+57% to 2019).
2022-09-17
No free-market allocation? It’s SMEs who must pump-up prices
In Latvia, the average remuneration has risen by 8.3% YoY, but this rate is insufficient to offset the price surge (+16.4%). Free-market allocation is much needed.
2022-09-13
Stability and rule-of-law make the recipe for investors’ confidence
Energy independence, the fight against the shadow economy, digitization, stability and rule-of-law are essential for Latvia’s competitiveness and FDI attraction.