Industra Bank and Signet Bank grant €13 million loan to pharmaceutical manufacturer Kalceks
Industra Bank and Signet Bank have granted a syndicated loan of EUR 13 million to Kalceks, a company of the Grindex Group, to support its expansion in Western Europe, the [..]
Competition Council fines Maxima Latvija EUR 1.873 million and imposes legal obligations
The Competition Council has imposed a fine of EUR 1.873 million on retailer Maxima Latvija and set several legal obligations for engaging in unfair trading practices, according to the decision [..]
Cēsu Alus to acquire all shares of Valmiermuižas Alus brewery
Cēsu Alus group to acquire 100% of Valmiermuižas Alus shares, brewery informs LETA. Valmiermuiža, a craft brewery established in 2005, has a share capital of EUR 1.397 million. It is [..]
Foreign investors rate investment climate in Latvia at historic low
Foreign investors’ assessment of the overall investment climate in Latvia reached its lowest rating of 1.9 points out of 5. In comparison to 2022, the rating has fallen by 0.4 [..]
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