Latvia

LMT Group demonstrates a new tool for monitoring greenhouse gas emissions at Hamburg port

On April 15, 2026, at the Germany–Latvia Ports Days in Hamburg, LMT Group demonstrated a new solution for monitoring port equipment activity and estimating greenhouse gas (GHG) emissions using video [..]

Creative services export platform “Neverending” is being developed in Riga; five million euros to be invested in its growth

A creative services export platform, “Neverending,” is being established in Riga with the aim of strengthening the international competitiveness of Latvia’s creative industries and positioning Riga as a Baltic hub [..]

Baurum acquires one of the largest historic properties in central Riga

Real estate developer and asset manager Baurum has acquired a historic building at 5a Blaumaņa Street in Riga. The transaction ranks among the most significant deals of its kind in [..]

Submission period for Adwards 2026 extended to April 15

The submission period for the advertising, design, and other creative industries competition Adwards 2026 is rapidly approaching its close. The Latvian Art Directors’ Club (LADC) invites creative professionals and teams [..]

Memorandum signed to promote investment in Latvia’s transport and logistics sector

On April 1, 2026, a memorandum of intent was signed at the Ministry of Economics to promote long-term investment in Latvia’s transport and logistics sector. The memorandum was signed by [..]

LMT Group’s traffic monitoring solution drives 66% reduction in red-light violations in Riga

New data from LMT Group’s traffic monitoring solution in Riga shows that red-light violations in Latvia’s capital have dropped by 66% over the last six months since setting up the [..]

Latvia to receive EIB guidance on unlocking stronger tech innovation

The European Investment Bank (EIB) will advise Latvia on accelerating the development of high-growth business sectors. Through this new cooperation with the Ministry of Economics and the Investment and Development [..]

Minister of Economics: In a predictable business environment, digital assets can significantly drive innovation

Blockchain technologies and digital assets can become a major driver of innovation within a secure, transparent, and predictable business environment, and it is crucial for Latvia to capitalize on this. [..]

Delfi acquires a Tet subsidiary – one of the largest training centres in the Baltics

Latvia’s leading digital media company Delfi has signed an agreement to acquire Baltijas Datoru Akadēmija (BDA), a training centre and subsidiary of Tet. BDA is one of the largest professional [..]

The New York Latvian house – property, symbol, or a test of diaspora unity?

By journalist Inga Karlinska. The potential sale of the New York Latvian House has, in recent months, become one of the most sensitive issues within the Latvian diaspora in the [..]

Startups awarded over 600,000 EUR in prizes at TechChill Riga Founders Battle

TechChill has come to a close, awarding startups over 600,000 EUR in prizes after the conclusion of the Founders Battle. The main prize winner was Deep Space Energy, who received [..]

“You are digital, fast, and efficient,” Commissioner Zaharieva tells Baltic audience during landmark visit to the region

On March 26, 2026, the Baltic startup ecosystem took center stage as the Baltic Startup Policy Forum convened in Riga. The event was held as a high-level side event of [..]

Latvian startup L-Blend to unveil non-alcoholic wine-based functional ingredient at TechChill 2026

Latvian FoodTech startup L-Blend will present its patented technology for producing non-alcoholic dietary supplement ingredients derived from wine and dietary fibre at TechChill 2026. The developed technology enables the preservation [..]

Don’t miss the chance to register for the most ambitious deep tech conference, “Deep Tech Atelier 2026”

On May 14–15, Riga will host the eighth edition of “Deep Tech Atelier,” Northern Europe’s largest conference on data-intensive entrepreneurship, bringing together more than 2,000 scientists, technology experts, entrepreneurs, investors, [..]

BDO young artists award winner to be announced at award ceremony

The sixth BDO Young Artists Award ceremony will take place on Thursday, March 26, at the experimental art space PILOT. The winner of the main award will receive a €2,000 [..]

Could Latvia replicate Lithuania’s crowdfunding success story?

While Lithuania has in recent years emerged as one of the most active crowdfunding markets in Europe, the sector in Latvia is still at an early stage of development. According [..]

airBaltic suspends Dubai flights until October 2026; Free rebooking available to 80+ destinations

Due to the current security situation in the Middle East, the Latvian airline airBaltic announces that it will cancel all scheduled flights to and from Dubai (United Arab Emirates) until [..]

Critical thinking in jurisprudence in the age of AI: University of Latvia law students learn a new approach to legal case research

The creators of the legal research platform Lexu AI demonstrated to students at the Faculty of Law of the University of Latvia how artificial intelligence can significantly facilitate the study [..]

Lido’s parent company plans major investments in the Baltics and Finland – investors have the opportunity to participate in the company’s growth

Apollo Group, the parent company of Lido and the largest entertainment and restaurant operator in the Baltics, plans to invest approximately €30 million in Finland and make significant investments across [..]

Signet Bank Group increases lending and capital market transactions volume in 2025, with profit increasing by 60%

In 2025, Signet Bank Group continued to strengthen its position as one of the leading financial services groups in Latvia, bringing together banking, investment management, fintech and specialized lending companies [..]

50% of survey respondents believe an offshore wind park will have a positive impact on Latvia’s economy

The latest survey data show that public awareness in Latvia about wind park development plans and energy security issues is gradually increasing. For example, 65% of respondents in a survey [..]

Lords LB Baltic Green Fund (V) and bank Citadele conclude largest office lease transaction in Latvia over the past year

Lords LB Baltic Green Fund (V), managed by Lords LB Asset Management, has signed a long-term office lease agreement with the anchor tenant of the Citadele Business Center – bank [..]

Applications open for Business incubation programme – entrepreneurs can receive up to 70% support

From March 9 to March 31, applications are open for the Business Incubation Programme at 20 regional offices of the Investment and Development Agency of Latvia (LIAA), as well as [..]

Estonian real estate developers complete residential quarter in Riga

The residential quarter Parka Kvartāls in Riga, a 13-million-euro joint project by Estonian real estate developers Invego and Reterra, has been fully completed. All apartments have now been handed over [..]

airBaltic’s departure airport for Friday’s repatriation flights changed to Al Maktoum International Airport

The departure airport for repatriation flights operated by Latvian national airline airBaltic, scheduled for Friday with departure times from Dubai at 17:50 and 18:50 Dubai time, has been changed from [..]

European fashion brand “TATUUM” officially begins its expansion in the Baltic region by opening its first store in Riga

Affordable premium European fashion brand “TATUUM” has officially entered the Baltic market this year, opening its first store in Riga. The new store opened its doors to customers on Saturday, [..]

Latvians raise €500,000 in 60 seconds to deliver frontline evacuation systems to Ukraine

€500,000 was pledged in under 60 seconds in Latvia on February 24th, the 4-year anniversary of Russia’s full-scale invasion of Ukraine, to accelerate the delivery of frontline evacuation systems for [..]

Value of the Indexo Real Estate Fund portfolio managed by Provendi Asset Management has almost quadrupled in two years

Indexo Real Estate Fund, managed by alternative investment fund manager Provendi Asset Management, has demonstrated rapid and consistent growth since the start of operations, and has almost quadrupled the volume [..]

New banking licence in Latvia could pave the way for new market entrants

Amendments to the Credit Institutions Law, which entered into force on 6 January 2026, introduce a new category of financial market participant in Latvia — specialised credit institutions. According to [..]

EU startup policy discussion comes to Riga with Startup Commissioner’s first visit to Latvia for TechChill 2026

The European Commissioner for Startups, Research and Innovation, Ekaterina Zaharieva, will attend the Baltic Startup Policy Forum in Riga, hosted by the Latvian Startup Association Startin.LV and held during TechChill [..]

Polish “affordable premium” brand “TATUUM” enters the Baltic market and will open its first store in Riga

A new player in the affordable luxury, or “affordable premium,” segment is entering the fashion market in Latvia. Polish clothing brand “TATUUM” will open its first store on 28 February [..]

A time capsule placed into the structure of the CENTRUS – new quarter of Riga city center

On Friday, 20 February 2026, a symbolic and significant event took place in the CENTRUS – a time capsule containing a message for future generations was placed into the structure [..]

High productivity and competitive wages: Latvian Startup Report 2025 published

The Latvian Startup Association Startin.LV has published the annual report – Latvian Startup Report 2025, which marks a clear trend – startups in Latvia continue to grow and become an [..]

New U.S. ambassador to Latvia begins service, highlights security and economic cooperation

The newly appointed United States Ambassador to Latvia, Melissa Argyros, has officially begun her service, emphasizing the shared values and strategic priorities that define the partnership between the two countries. [..]

Latvia’s internationally recognised AML/CFT system strengthens its position as a leading EU fintech and Web3 hub

Latvia has received a landmark international assessment confirming the country’s effectiveness in combating money laundering, terrorism and proliferation financing, further strengthening its reputation as a secure, transparent and innovation-driven country. [..]

FREETOUR.com announces 2026 awards: Riga tour company named Best Worldwide

FREETOUR.com, the world’s leading platform for free walking tours, announced the winners of its 10th annual FREETOUR.com Awards 2026, celebrating the top free tours worldwide. Riga tour company Free Tours [..]

ACA Timber: Investments undertaken on the basis of Competition Council approval and valid long-term logging agreements

SIA ACA Timber, an international timber trading and logistics company backed by Latvian, Swedish and German investors, expresses serious concern regarding the potential termination of long-term logging agreements (LLA) with [..]

Latvian optical salon chain becomes the first in Latvia to introduce digital vision tests and AI-driven analysis

Latvia’s optical retail sector has significant potential for technology adoption – globally, digital and artificial intelligence solutions are increasingly used in vision diagnostics, while their integration in the local market [..]

LMT Group partners with the European Space Agency to develop global dual-mode satellite IoT

Latvian technology company LMT Group has announced a strategic 12-month development initiative in collaboration with the European Space Agency (ESA) to pioneer a new generation of universal IoT (Internet of [..]

Signet Bank extends EUR 4 million loan to LED lighting manufacturer Vizulo

Signet Bank has granted a EUR 4 million loan to LED lighting solutions manufacturer Vizulo to develop energy-efficient and sustainable lighting solutions and strengthen the company’s competitiveness in international markets, [..]

Apollo Group begins journey to the stock exchange

Apollo Group, a leading entertainment and restaurant operator in the Baltics with one million loyalty customers, is planning its journey to the stock exchange. As a first step, the company [..]

For development of energy sector, it is important to think beyond electoral cycles – University of Latvia rector

When it comes to developing the energy sector, it is important to think in a longer perspective than an election cycle, University of Latvia rector Gundars Berzins said at the [..]

Five tips for better waste sorting at home

Waste sorting in Latvia is becoming increasingly important, as it has a direct impact on resource sustainability. However, sorting is often not of sufficient quality – many residents do not [..]

Russian special services remain most significant threat to Latvia’s security – State Security Service

Last year, the most significant threat to Latvia’s national security was invariably posed by Russian special services, and this year the level of Russian aggression will remain high and is [..]

US-based J.P. Morgan chosen as legal adviser for buyout of LMT and Tet

A team of advisers led by US-based J.P. Morgan has been chosen to provide legal advice for the transaction in which Latvia will buy out shares in Latvijas Mobilais Telefons [..]

Latvia’s creative agency “McCann Riga” recognised as the best in the Baltics

“McCann Riga” has been named this year’s best creative agency in the Baltics. This title is awarded based on an overall ranking compiled from the most significant international advertising and [..]

SEB raises Latvia’s GDP growth projection for 2026 to 2.3%

SEB has raised its forecast for Latvia’s gross domestic product (GDP) growth this year to 2.3 percent from 1.9 percent in November 2025, according to the bank’s latest SEB Nordic [..]

KFC opens new fast-food restaurant in Riga

The fast food chain Kentucky Fried Chicken (KFC) has opened a new restaurant on Krasta Street in Riga, the company told LETA. The company did not disclose the amount of [..]

Balcia expands its Management Board, strengthening claims processes and digital innovation

The Insurtech company Balcia has expanded its Management Board with the appointment of Artur Senčenko, General Director of Balcia’s Lithuanian branch. In his new role, he will focus on driving [..]

Latvia’s Ministry of Economics reports 12% productivity increase after institution-wide time tracking trials

Latvia’s Ministry of Economics has concluded a year-long time tracking trial, which has resulted in a 12% increase in productivity, faster decision-making, and shorter coordination cycles. The aim of the [..]

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