Thursday, September 10, 2026

Headlines

The number of “startups” is growing, but not fast enough to reach the target

When the Saeima adopted the Start-up Support Law, one of the goals set was to create an ecosystem that would make Latvia the No. 1 country of choice in the Baltics for start-up founders, reminds a report by the Ministry of Economics, which is being reviewed by the government today. After almost eight years of the law being in force, it does not appear that this goal has been achieved. However, industry experts say that “things are not all that […]

25 companies are interested in MiCA licenses in Latvia: Lithuania, by issuing the first license, has attracted the US giant Robinhood

Five companies have applied for crypto-asset service provider licenses and are in the licensing process, while another 20 companies are in the pre-licensing consultation process. This was reported to Inc.Baltics by the Bank of Latvia. Meanwhile, by issuing a MiCA license to the US company Robinhood, the Bank of Lithuania has ensured that the financial technology giant will open its first representative office in Europe in Lithuania. While the giant Binance, based in the United Arab Emirates, […]

In the labor market, AI is more ruthless toward men

For women of Generation Z it is easier to find a job, because artificial intelligence is still not being introduced at the basic job level in industries dominated by women. In our patriarchal society it is not often that we hear men being disadvantaged in a particular situation, but that is exactly what a new study reports. Specifically, it applies to the group of people whose representatives are increasingly joining the ranks of employees – to […]

“Kulbergs is feeding the people of Riga with gas, not with the truth”; Timma exposes the falsehoods mentioned in the interview

The heating season is a couple of months away, and “Rīgas Siltums” already in June submitted to the Public Utilities Commission (SPRK) a new heating tariff of €88.10 per megawatt hour (MWh) for evaluation, which will increase the heat price for Riga residents by about 22%. While Saeima deputy Andris Kulbergs (AS) has started raising the issue of heating tariffs in Riga and has given an interview in the latest issue of the magazine “Klubs”, […]

RUBRIG will borrow and expand – hopes to increase turnover by 75% within two years

The manufacturer of impact-absorbing rubber surfaces RUBRIG has borrowed 1.13 million euros from Luminor Bank to expand its production line, in order to increase its turnover by two million euros over the next two years, which would be 75% more than the company’s turnover last year. The company was founded in 2015 with the aim of offering high-quality, safe and visually appealing rubber surfaces. The company […]

Due to the Riga City Council, children in Riga schools may be left without lunch

For several months now, the Riga City Council has been delaying the signing of contracts with the companies that won the right in the spring lottery to provide catering for children in 25 Riga schools. Meanwhile, the previous caterers, who were less fortunate in the 53-million-euro draw, are refusing to vacate the premises of the school canteens, the winning companies report. There are three weeks left until the start of the school year and the first food portions – for the companies that […]

In customer service, artificial intelligence is not a panacea

Are you sure that artificial intelligence solutions are providing your clients with a more personalized experience? Or perhaps it’s the opposite – these solutions are actually making them angry? Jim Eckes says that when he founded the telecommunications company Tie Technology in 2006, the quality of customer service was really low. When AI tools appeared almost 20 years later, it seemed that business owners would finally be able to solve […]

Revolut becomes the title partner of the Audi F1 team

The Formula 1 Audi team and the global financial technology leader, the United Kingdom–based online bank Revolut, registered in Lithuania and with more than 60 million customers worldwide, have signed a cooperation agreement. Starting from the 2026 F1 season, Revolut will be the title partner of the Audi team. The partnership brings together two top-tier brands with a shared goal of challenging existing leaders and driving innovation both in motorsport and […]

Resistance to the use of artificial intelligence tools is growing in collectives

Be careful with using ChatGPT and other artificial intelligence tools at the office. If you do it too often, colleagues may start calling you a “plānā galdiņa urbējs” (eng: slopper). This is a new slang expression, gaining popularity on social media, that refers to “people who use ChatGPT for practically every task.” Another term circulating on social media for these people is “humpalu […]

Campaign optimization experts; how to campaign correctly at a time when one election has already ended, but there is still time until the next one

My personal opinion about IShowSpeed’s visit to Latvia. About how to campaign correctly at a time when one election has already ended, but the campaign period for the next one has not yet begun. The first wave of outrage on social networks has passed, so we can calmly watch the 33‑minute shortened video on YouTube and analyze it step by step. As we already heard from “Panorāma”, Latvia paid the social media star for this visit […]