
Latvia makes a profit out of Air Baltic
Latvia owns 97.97% of airBaltic shares, and a sale could raise €300 million. The company is looking to list in Riga and London.
Latvia owns 97.97% of airBaltic shares, and a sale could raise €300 million. The company is looking to list in Riga and London.
Riga offers operational and financial advantages, that’s why Cembra Latvia is strengthening the local service industry with professional quality services.
In Q3 2024, Latvia’s exports rose slightly YoY, with services leading. FDI hit 327M euros. Imports fell, especially in mineral products.
The partnership between Latvia and South Korea highlights the potential to drive innovation and economic growth.
PurpleGreen and SET signed the sale of 550k tonnes of green ammonia per year for 20 years, promoting Latvia’s economic development.
The amount of electricity generated by solar power plants increased more than three times compared to 2022, reaching 239 GWh.
In Latvia there are about 1.27 mn mailboxes, only about 90,000 do not fulfil their duty: a clear opportunity in making the service more modern and efficient.
Latvia can be integrated into global microchips manufacturing chains with competitive advantages in terms of workforce and technologies.
In the first semester of 2024, 28 investment projects have been implemented in Latvia, worth €263m to the economy and 1,245 new jobs.
Latvian government launches a school program to include traditional rye bread in the daily meals of pupils from kindergarten to the entire first cycle.