The Baltics Today

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Latvian household consumption grows 5.4% in 2015

In 2015 household consumption expenditure rose by 5.4 percent or EUR 16.29 per household member a month to EUR 315.78, the Latvian Central Statistical Bureau reported.

New management board appointed to Latvijas Pasts

A new management board has been appointed to Latvijas Pasts national postal company for a five-year term, starting August 1, LETA was told at the company.

Economics Ministry completes work on liberalized natural gas market principles

The Economics Ministry, Public Utilities Commission and joint-stock company Latvijas Gaze have completed work on new regulations on natural gas trade and use in Latvia, which stipulate that all natural gas consumers will have the right to choose their natural gas supplier from April 3, 2017, cite...

Latvian banking sector shows EUR 268.4 mln in profit in H1

The Latvian banking sector made EUR 268.4 mln in aggregate profit in the first half of this year, according to preliminary data released by the Financial and Capital Market Commission (FCMC), writes LETA.

Japan’s Crowdcredit to invest in Lithuanian P2P lending platform Savy

Japan-based peer-to-peer lender Crowdcredit plans to invest in Lithuania's peer-to-peer lending platform Savy, write LETA/BNS.

Latvia’s Lido catering company posts EUR 1.23 mln in 2015 profit

Latvia’s Lido catering company last year generated EUR 33.75 mln in sales and earned EUR 1.23 mln in profit, according to business database, reports LETA.