News
Cēsis residents are allowed to take over the Valmiermuiža brewery
The Competition Council has approved the merger of SIA Valmiermuižas alus and AS Cēsu alus. With this decision, the accession of Valmiermuižas alus to the Cēsu alus group of companies will be completed within the next month, Valmiermuižas alus informs. It has already been reported that, for the Competition Council to make its decision, it needed the opinion of industry representatives. Taking into account the council’s decision, it can be concluded that the industry had no significant objections […]
Estonia’s market leader Ühisteenused acquires Cityparks Latvia
From 23 December 2025, the sole owner of Cityparks Latvija has become the Estonian parking operator AS Ühisteenused, which has acquired 100% of the company’s share capital. The financial terms of the transaction are not being disclosed. AS Ühisteenused is a market leader in Estonia, managing and supervising more than 1,000 paid parking lots in eight cities, including both open parking areas and multi-storey parking complexes. “Ühisteenused’s experience and […]
It is planned to insure Rail Baltica officials against liability in project implementation: with a 12-year retroactive date and a compensation limit of up to 20 million
Having sensed the smell of burning, AS RB Rail, which is the implementer of the Rail Baltica railway project and is owned by the governments of the three Baltic states, on December 23 last year announced a procurement for directors’ and officers’ liability insurance. The procurement specification stipulates that the insurance must cover the liability of both current and former members of the management and supervisory boards, as well as other persons, including those who have left […]
Tele2 is now led by Arnis Priedītis
Today, on January 14, Arnis Priedītis has officially become the Chairman of the Board of Tele2. Previously, he held the position of Chief Financial Officer and was acting Chief Executive Officer. As reported earlier, the former head of “Tele2” Valdis Vancovičs decided last November to leave his position as Board Member and Chief Executive Officer. Arnis Priedītis has been working at Tele2 for more than 18 years, during which time […]
A residential quarter worth 32 million will be built in Jugla
Real estate developer Kaamos has started construction of the Riiti residential quarter at 11 Juglas Street in Riga. The project will feature five modern, nearly zero-energy apartment buildings ranging from four to nine storeys high, located near Lake Jugla. An investment of 32 million euros will be made in the implementation of the project, and its construction will be carried out by the Kaamos Group construction company Kaamos Construction. The residential quarter is planned to be completed by […]
Latvian beef cattle breeders are worried about competition with their South American counterparts
The Beef Cattle Breeders’ Association expresses concern that in the discussions held so far on the Mercosur trade agreement, a clear answer has still not been provided to a crucial question – how effective control and monitoring mechanisms will be ensured in practice with regard to beef imports from third countries. Without such clarity, ratification of the agreement creates significant risks both for the sector and for consumers. The Member of the European Parliament involved in drafting the agreement […]
Matryoshkas may not be sold only at the Central Market; at the Town Hall Square – they may.
Matryoshkas, or nested wooden dolls that were targeted late last year by Riga’s Deputy Mayor Edvards Ratnieks, have disappeared from Riga Central Market but are freely available in souvenir shops right under the nose of Riga City Council. Inc. confirmed this on site after a market vendor drew attention to this injustice. She complained that the municipal leadership “has nothing to do and only knows how to deal with […]
Stiga RM employee simultaneously also an independent consultant in the Ministry of Agriculture’s forestry consulting program
At the end of last year, we wrote about how senior employees of LVM, who were directly involved in decision-making on the organization of procurements and the drafting of tender documents at the state-owned company “Latvijas valsts meži”, went to work for one of the industry’s entrepreneurs, including one about whom they had made decisions while at the state company. However, this is not the only situation that shows how some entrepreneurs have become intertwined with ministries […]
SIF NGO co-financing program: the green course and immigrant inclusion with state money
Once, not so long ago, when former New Unity prime minister Krišjānis Kariņš was flying around the world on private flights, the Attīstībai/Par! minister Juris Pūce had only recently resigned, the Covid-19 pandemic in Latvia was reaching ever new records, but there was more money than ever before, the government nevertheless decided to find 425,000 euros from the budget’s contingency funds so that Pūce’s wife Zaiga […]
From this year, members of election commissions will earn 30% more
Contrary to promises not to increase salaries in the public sector, the Cabinet of Ministers (MK) at the end of last year increased the remuneration of members of municipal election commissions and polling station commissions by about 30%, according to information on the MK legal acts portal. The new regulations came into force on January 1 of this year. Thus, if previously the hourly rate of the commission chairperson was 10 to 15 euros, the commission secretary earned from […]