The enchanted cycle of heat

The heating season is just around the corner, and residents of Riga will again pay more for heat. Politicians, who face Saeima elections next year, have suddenly set about trying to reduce heating tariffs in Riga, but their little blanket of populism is more likely to tear than to reach the goal – all because short-term solutions have been made the priority for their own aims and interests, instead of tackling the root of the growing problem. However banal […]

Investment price: one Estonian is guaranteed timber for ten years without an auction, at the agreed price

The Estonian company Fibenol, which plans to build one of the most modern biorefinery plants in Europe in Valmiera, promising to invest up to 700 million euros in it, is trying to reach an agreement with the Latvian government on more favorable conditions for purchasing pulpwood. The company wants to buy 300 thousand cubic meters of birch pulpwood per year from “Latvijas Valsts meži” without an auction and at an agreed price. This fact was reported this spring […]

In Latvia the green lifestyle exists only on social networks – in Europe it brings in billions

“Young people only talk about a green lifestyle on social media; we don’t see them in our store,” says Eco Baltia Vide chairman of the board Jānis Aizbalts. At the beginning of the year, the company he heads opened the store “Lab!”, where you can find electrical goods that previous owners had thrown away but that the company’s craftsmen have repaired again. Worldwide this is a business worth billions. Aizbalts says that the average customer in the store is around 50 years old […]