Tuesday, April 14, 2026

Headlines

latvia

71.25% of DelfinGroup now belongs to INDEXO

Upon completion of the mandatory share buy-back offer, IPAS INDEXO will acquire a further 1,862,021 AS DelfinGroup shares, which is 4.09% of the total voting share capital of DelfinGroup. As a result of the share purchase, INDEXO will acquire 1,765,588 DelfinGroup shares, or 3.88% of the company’s capital, while as a result of the share exchange, INDEXO will acquire an additional 96,433 DelfinGroup shares, or 0.21% of the company’s capital. The mandatory share buy-back offer was made following the voluntary […]

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 […]

Online shopping has not yet outcompeted the in-person experience

Even after the holidays, in-person shopping remains an unmatched and important part of shoppers’ everyday lives, especially during sales periods, when people hurry to buy the products they need at more favorable prices, according to the results of a sociological study commissioned by Domina Shopping. The study data show that at the beginning of the year, in the so‑called “long January,” people plan their shopping during sales consciously and practically. The results indicate that food and beverage […]

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 […]

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 […]

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 […]

Egg producer consolidates brands

The Latvian poultry and egg product manufacturing group AS APF Holdings, which includes the Alūksne poultry farm, is changing its legal name to AS Agrova Baltics and will henceforth be part of the Agrova group brand, which will also include the UK poultry company Sunrise Eggs, acquired in November 2025. The Agrova brand will henceforth unite several companies whose largest shareholder is AS Agrova […]

More NGOs will learn to acquire funding; the first 52 organizations have graduated from the NGO incubator created by the SIF

According to an announcement published on December 30 on the SIF website, 52 organizations have graduated from the “NGO incubator” created by the Society Integration Foundation (SIF), which was established in mid-2025. In half a year, the NGO incubator has become a development platform for more than 100 organizations throughout Latvia. In the first NGO incubator cycle, 52 organizations participated, while in the second cycle, which has just started – 58 organizations have been admitted through a competitive selection process. “Looking back at their experience in the incubator, participants particularly highly valued the opportunity to receive individual mentor consultations on […]”