Speaking on LTV's morning news show Rita Panorama, Savickis - a former KGB man - said: "Such things happen all over the world."
"I think about what happened in Paris a month ago, what happens in other cities and countries and I don't think what's happened [in Moscow] is very different to what happens in the rest of the world."
"Of course it's a tragedy but unfortunately such things happen."
Speaking of Latvia's attempts to liberalize its gas market and broaden the ownership of the Latvijas Gaze utility in which Itera is a shareholder, Savickis urged caution in case moves damaged relations with major shareholder, Russian state-owned Gazprom.
As well as his role heading up Itera Latvija, Savickis is also chairman of the Dinamo Riga hockey club and has ties to several politicians.
According to official company data, Itera Latvija is owned by Cyprus-registered offshore company Davonte Holding and obscure Danish-registered Inter Energia Holding, but the company also has longstanding ties with the Russian state-owned Rosneft energy giant.