The fast food restaurant chain KFC has opened its eighth restaurant in Riga. In the Baltics, this is already the thirtieth. KFC Baltics marketing manager Laura Linartaitė says that KFC in Latvia continues to enjoy strong brand engagement, which is also driven by changes in eating habits. “Latvia has truly grown fond of KFC. We see high brand loyalty and increasing interest in chicken dishes,” she says. […]
A new artificial intelligence (AI) technology platform provides speech-to-text and text-to-speech conversion, helping organizations automate various tasks in Latvian, Lithuanian, and Estonian. The Lithuanian artificial intelligence (AI) and biometrics technology company Neurotechnology, which specializes in deep machine learning solutions and high-precision biometric identification technologies, has unveiled a new artificial intelligence platform for natural language processing (NLP) tasks […]
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 […]
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 […]
ERGO International AG, which manages the ERGO Group’s international business portfolio, completed the acquisition of the non-life insurer ADB Gjensidige in the Baltic states on January 2. The full merger of the two insurers in the Baltics will take place gradually over the course of this year and is planned to be completed by the end of 2026. All existing insurance contracts with ADB Gjensidige customers will remain in force, and their coverage will not change. Customers will not have to […]
The non-life insurer BTA Baltic Insurance Company (BTA), which operates with branches in Lithuania and Estonia, posted a profit of 9.664 million euros in the first nine months of this year, which is 6.2% more than in the corresponding period last year, according to the information published by the company. In gross insurance premiums, BTA signed a total of 262.874 million euros in the Baltics in the first nine months of 2025, which is 9.9% more […]
Latvian jewelry retailer Grenardi Group continues its expansion outside the Baltics. By investing almost 3.5 million euros, the company is entering the Czech market, opening two jewelry stores on the main shopping street in Prague, the company reports. On November 14, a shop-in-shop format store will open its doors, combining both the globally recognized Italian jewelry brand Damiani salon and the already familiar Grenardi for Baltic customers with its wide […]
The tour operator Tez Tour, in cooperation with the insurance company Ergo, has developed a new insurance solution that allows travelers to receive compensation in situations that until now have not been covered by traditional insurance terms either in Latvia or elsewhere in the Baltics. As the tour operator reports, a new insurance solution was introduced with the flights to Egypt on 25 and 26 October. As Tez Tour Latvia explains […]
Brand strategist working with small, medium, and large companies across various industries, including entertainment, FMCG, non-profit, gambling, and media services.
The twentieth TOP101 of Latvia’s most valuable companies, compiled by Nasdaq Riga and Prudentia, has already been published. For the fourth year in a row, AS Swedbank Baltics has gained the status of Latvia’s most valuable company – over the year the bank’s value has increased by 40%. The first TOP101 of Latvia’s most valuable companies was created twenty years ago. Since 2006, the value of the companies included in the ranking has grown more than fourfold. […]
