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AI is a power game. Are Baltic companies ready?

Globally, electricity shortages are limiting the expansion of data centers and other high-consumption projects, which are rapidly growing to mee...

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A real winter has brought shoppers back to stores: some winter items are already running low

After several mild winters, this year has brought steady cold weather and snowfall, resulting in significant sales growth for the sports...

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AS VIRŠI-A and SIA Naftimpeks plan to launch strategic cooperation for the development of a fuel station network in Latvia

Energy commodities trader and convenience store network AS VIRŠI-A (hereinafter - “Virši”) has on 19 February ...

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

Any sudden termination of long-term logging contracts would undermine Latvia’s investment environment &...

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Tallink Grupp in 2025: Net Profit Exceeds EUR 17 Million, Plans to Continue as a Dividend‑Paying Company

AS Tallink Grupp has published its unaudited financial results for the 2025 financial year. The Group’s earnings before interest, ...

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Two-wheel freedom in the Baltics: how people finance motorcycles, scooters, and ATVs

In the Baltic states, two wheels tend to fit the rhythm of life. The distances between cities are manageable, the countryside is never far away,...

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Construction Works Have Begun on Riga Airport’s Apron 4 Reconstruction Project

Construction works have started within Riga Airport’s large‑scale Apron 4 reconstruction project, beginning ...

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Quick loans in Latvia: pros, cons, and how to use them responsibly

Quick loans (sometimes called short-term loans) are the financial equivalent of a fire extinguisher: useful in a real emergency, risky if you st...

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Latvian Optical Salon Chain Invests Around €2 Million for Modernisation: 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 intellig...

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UPB Group ends the year 2025 with historically highest turnover – 257 million euros

UPB Group’s consolidated turnover in 2025 reached 257 million euros according to the company’s unaudited financial data. It ...

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