Latvia

Latvia Has the Most MICHELIN Newcomers in the Baltics This Year – Guide’s Restaurants Honored in Riga

On Thursday, November 5, at the “Palladium” concert hall, the Latvian restaurant awards ceremony organized by the Investment and Development Agency of Latvia (LIAA) honored the restaurants, their chefs, and [..]

Ministry of Economics support delivers first results in strengthening the resilience of regional tourism

The tourism sector in Latvia’s eastern border region has managed to recover from the wave of booking cancellations recorded in May and June (according to data from the Latvian Tourism [..]

Latvian companies to seek new business opportunities in energy projects

Registration is now open for an energy sector forum to be held on November 26 at the Great Amber Concert Hall in Liepāja. The forum will continue the Industry Days [..]

150 food industry representatives gather in Madona to discuss competitiveness and new markets

The competitiveness of Latvian food producers, changing consumer habits, and opportunities to develop higher value-added products were the main topics at the Industry Day organised by the Investment and Development [..]

Latvia’s fintech boom: 20+ licences in 2026 and profits doubled as Fintech Pulse turns five

Fintech Pulse Forum in Riga on 27 November: new sector data, an Austrian banker who chose Latvia, and an exclusive interview with Alexander Browder. Latvijas Banka has issued more than [..]

Latvia joins European Defence Alliance to support business growth and attract investment

Latvia joined the European Defence Alliance in Paris on 2 November to expand cooperation between Latvian defence industry companies and European partners. The agreement was signed by Ieva Jāgere, Director [..]

Latvia launches AlliedTechLabs, an international centre for intelligent and resilient defence and dual-use technologies

Partners from the FutureG Office within the Office of the Under Secretary of War for Research and Engineering (U.S. Department of War), and NestAI, a European AI lab for defence, [..]

NATO’s DiBaX 2026 tests next-gen military communications to strengthen battlefield readiness

NATO’s Digital Backbone Experimentation 2026 (DiBaX 2026) took place in Latvia from October 19-30, under the leadership of NATO Allied Command Transformation (ACT), supported by the Latvian Ministry of Defence [..]

Baltic and international experts gather in Riga for the fifth annual Baltic Capital Markets Conference 2026

The Baltic Capital Markets Conference, the largest event dedicated to capital markets in the Baltics, will return to Riga for its fifth consecutive year on November 5 at ATTA CENTRE. [..]

Latvian ports chart a new course: seeking investment and business partners in France

From 3 to 6 November, representatives of Latvian ports and companies will travel to Dunkirk, France, on a trade mission organised by the Investment and Development Agency of Latvia (LIAA) [..]

Cemvision selected for €27.5 million grant to build low-emission cement plant in Latvia

Swedish company Cemvision’s RE-MENT project has been selected to receive up to €27.5 million in funding from the European Union Innovation Fund to establish a commercial-scale low-emission cement plant in [..]

Olpha introduce a new diabetes medicine in the Baltics in partnership with international pharmaceutical company Adalvo

Latvian pharmaceutical manufacturer Olpha has signed a cooperation agreement with Switzerland-based international pharmaceutical company Adalvo to introduce a new medicine for the treatment of type 2 diabetes and weight management [..]

The Port of Riga to become a testbed for resilient maritime connectivity, as LVR Flote and HARDMODE sign MoU

LVR Flote, a provider of technical port services, and connectivity technology company HARDMODE have partnered to develop and test secure communications technologies for ports and the wider maritime sector as [..]

Venipak parcels can now be collected from parcel lockers with one tap on a phone

Venipak is introducing a new mobile app that will allow users to see all parcels linked to their account in one place, track their status, as well as register and [..]

Latvian restaurants to receive MICHELIN recognition announced on 5 November

On 5 November, an awards ceremony will take place at the Palladium concert venue in Riga, where the latest selection of Latvian restaurants featured in the MICHELIN Guide will be [..]

LIAA strengthens ties between Latvian entrepreneurs and Swedish investors during crown princess Victoria’s visit

During the visit of Crown Princess Victoria of Sweden to Latvia, the Investment and Development Agency of Latvia (LIAA) organised a meeting between Latvian women entrepreneurs and Swedish female investors [..]

Record competition in the tourism category of the Export and Innovation Awards 2026

Competition in the tourism category of Latvia’s Export and Innovation Awards 2026 has reached a record high, with 36 applications submitted – more than ever before. Twelve applicants have advanced [..]

Power Mining launches Bitcube – the plug-and-play home Bitcoin miner for the Bitcoin-curious

Power Mining has announced its latest Bitcoin mining product – Bitcube, a palm-sized home mining device – built to be the first step into Bitcoin mining for the Bitcoin-curious. For [..]

Industry day in Madona to focus on food sector competitiveness and growth opportunities

In October, November and December this year, the Investment and Development Agency of Latvia (LIAA) will organise a series of Industry Days across Latvia’s regions, focusing on the food, energy, [..]

€32.54 million to be invested in green innovation in Latvian companies with support from Norway grants

A total of €32.54 million has been allocated to support green and digital innovation in Latvia, develop new products and technologies, strengthen business competitiveness, and remediate a contaminated site in [..]

Home café days attracted more than 84,000 visitors across Latvia this summer

From July 4 to September 13, Home Café Days showcased Latvia’s regional flavours, traditions and hosts’ stories across 40 destinations. The event attracted 84,041 visitors, an increase of 3.6% compared [..]

Prices of soviet-era apartments in Riga remain at 2006 levels, while wages have increased 4.5 times

Apartments in Soviet-era residential buildings still account for nearly half of all housing transactions in Riga, with 3,626 transactions registered in the city by October this year. Although transaction prices [..]

Who controls Latvia’s critical data? Next week, Techritory 2026 will focus on digital sovereignty and communications security

How can Latvia keep its critical services running if foreign technologies or infrastructure suddenly become unavailable? How can satellite communications strengthen communications security, and how can Latvian companies contribute to [..]

Balsio launches Workspaces, bringing team chat and WhatsApp contacts into one app

The €1.7 million-backed European work messenger now allows small teams to manage and organise internal conversations while staying connected with external contacts, including through WhatsApp interoperability for users in the [..]

CyberChess 2026 brings the international cybersecurity community together in Riga

Riga once again will become a meeting point for the Latvian, Baltic and wider international cybersecurity community. On 14-15 October, the international cybersecurity conference “CyberChess 2026” will take place, an [..]

More than 20 fintech licences issued in 2026: LIAA representatives abroad prepare to attract more companies to Latvia

On 7 October in Riga, the FinTech Latvia Association (FLA) and the Investment and Development Agency of Latvia (LIAA) held a workshop for LIAA’s representatives abroad. They are often the [..]

LIAA to lead efforts to boost Latvian defence companies’ exports and attract investment

A subgroup of the Defence Industry Advisory Council has begun work under the leadership of the Investment and Development Agency of Latvia (LIAA) to help Latvian defence companies reach international [..]

Nordale Pagalms invites guests to celebrate its longest-ever apple pie

This Sunday, 11 October, from 13:00 to 16:00, Nordale Pagalms at Šmerļa iela 3 k-2 will host an autumn apple pie celebration centred around a specially made, six-metre-long apple pie [..]

LIAA enters Latvia’s Top 50 most human brands for the first time

The Investment and Development Agency of Latvia (LIAA) has entered the Baltic Brand Ranking’s Top 50 most human brands in Latvia for the first time, placing 37th overall and 13th [..]

Policymakers and industry leaders to discuss Europe’s biggest security threats at Techritory 2026

As geopolitical tensions and technical dependencies escalate while simultaneously becoming increasingly interdependent, Europe’s policymakers and industry will meet on stage and off to discuss the greatest threats to European security, [..]

United List wins Latvia’s parliamentary election as six parties secure seats

Latvia’s United List, led by Prime Minister Andris Kulbergs, has won the October 3 parliamentary election, securing approximately 35% of the vote and a projected 42 seats in the 100-member [..]

Elections to Latvia’s 15th Saeima take place in Latvia and abroad

On Saturday, 3 October, elections to Latvia’s 15th Saeima are taking place in Latvia and abroad, with voters electing 100 members of parliament for the next four years. There are [..]

LIAA reaches nearly 90% of its annual investment attraction target in nine months

On Friday, 2 October, Raivis Bremšmits, State Secretary at Latvia’s Ministry of Economics, met with Ieva Jāgere, Director of the Investment and Development Agency of Latvia (LIAA), to review progress [..]

Latvijas Banka grants crypto-asset and payment licences to three companies

Latvijas Banka’s Supervision Committee granted four licences to three companies on 30 September: Noah LV SIA received authorisation to provide both crypto-asset and payment services, Neverless SIA obtained a payment [..]

EasyCars expands its fleet in Riga and Tallinn with EUR 1.3 million in financing from Signet Bank

Signet Bank has provided EUR 1.3 million in financing to short-term car rental company EasyCars. The financing will be used to expand the company’s vehicle fleet, strengthening its operational capacity [..]

Latvia’s International Image Policy Coordination Council resumes work to develop a unified and coordinated national image strategy

On 30 September 2026, Latvia’s International Image Policy Coordination Council (the Council) held its first meeting since 2020 at the Ministry of Foreign Affairs, chaired by Foreign Minister Baiba Braže. [..]

LIAA business incubation programme sets new record with 313 applications in autumn intake

The Investment and Development Agency of Latvia (LIAA) received 313 applications for the autumn 2026 intake of its Business Incubation Programme — the highest number in the programme’s history. The [..]

LIAA trade mission to the US concludes with Latvian companies and researchers signing agreements in defence technology and genomics

The Latvian business trade mission to the United States, organised by the Investment and Development Agency of Latvia (LIAA), has concluded. Held during President Edgars Rinkēvičs’ working visit, the mission [..]

Latvian biomedical institutions and Illumina agree to accelerate precision medicine

During a trade mission organised by the Investment and Development Agency of Latvia (LIAA) in San Diego, Illumina signed a memorandum of understanding with six Latvian research, medical and higher [..]

“Lidl Latvija” turnover increased by 7.5% last year, investment phase continues

Retailer “Lidl Latvija” closed the 2025 financial year with a turnover of 495.6 million euros, which is 7.5% more than the year before, when the company worked with a turnover [..]

Latvian researchers and innovation specialists build partnerships in genomics and technology commercialisation in California

Biomedicine and genomics are among Latvia’s research success stories. The Latvian delegation’s programme in California covers two complementary areas: developing genomics technologies and commercialising research results. Latvia’s strengths in genomics [..]

Signet Bank provides EUR 4 million in financing to SIA Agro-Kaķenieki for business development

SIA Agro-Kaķenieki, one of the largest crop farming and dairy farming companies in the Dobele Municipality, has received EUR 4 million in financing from Signet Bank to support the company’s [..]

Latvian defence technology companies seek US partners for joint development and manufacturing

Latvian defence and dual-use technology companies are meeting with US industry firms Neros, Anduril, Shield AI, Kratos Defense & Security Solutions, Qualcomm and Starling Systems in Los Angeles and San [..]

Techritory 2026 in Riga to explore ways to protect Europe’s data and digital infrastructure

Europe’s ability to control and protect its data, digital services and critical infrastructure has become an economic and security issue. More than a thousand technology leaders, entrepreneurs, experts and policymakers [..]

Digitex acquires a 90% stake in InfoStrategy

Latvian information technology group Datlex continues to expand its expertise in business intelligence and data analytics. SIA Digitex, a software development company within the group, is acquiring a 90% stake [..]

Rēzekne to bring together Latvia’s Start-up community at StartUP festival

On 9 October, Rēzekne will host the StartUP Festival, continuing an initiative launched in Daugavpils in 2025 to develop the start-up ecosystem in Latgale. The event will bring together start-up [..]

Signet Bank Group reports 68% loan portfolio growth in H1 2026 and strengthens capital base for continued expansion

Signet Bank AS Group (hereinafter – the Group) maintained strong growth momentum in the first half of 2026, organically expanding across its key business areas – corporate lending, investment banking [..]

Developers finally believe in the City with a Future – new homes are emerging and the supply of commercial space is expanding

While new homes are being developed in Riga and elsewhere, the new-build housing market in Ventspils has stagnated for years. Despite strong demand for high-quality family homes, virtually no energy-efficient [..]

German companies advance investment projects worth more than EUR 600 million in Latvia

During a trade mission organised by the Investment and Development Agency of Latvia (LIAA), German companies advanced investment projects and explored new cooperation opportunities in Latvia in the fields of [..]

Latvian medical technologies and digital health solutions advance into the German market

During a trade mission organised by the Investment and Development Agency of Latvia (LIAA), Latvian life sciences companies, universities and healthcare institutions met with German medical technology, biotechnology and life [..]

EURO

Trending

Tallinn

loader-image
temperature icon 6°C
broken clouds
Wind Gust: 0 Km/h
Clouds: 75%

Riga

loader-image
temperature icon 6°C
overcast clouds
Wind Gust: 0 Km/h
Clouds: 100%

Vilnius

loader-image
temperature icon 5°C
overcast clouds
Wind Gust: 0 Km/h
Clouds: 100%