Lithuanian investors Liepojos kopos Ltd plan to build a modern spa center next to the concert venue Pūt, vējiņi, preserving and renovating the historic bathhouse. The construction project will be presented on Thursday, October 19, but some are already worried whether Liepaja will not lose historical value due to the project, Latvian Radio reports.
The Competition Council (Konkurences padome, KP) has allowed “Aqua Marina”, the parent company of “Kool Latvija”, to acquire and use the right to manage more than 50 assets of SIA “East-West transit” and SIA “Naples” – mainly gas stations working under the Latvijas Nafta brand. These assets will mainly be used in fuel retail, the KP said.
The State Security Service (VDD) suspects a Belarusian businessman in Latvia of breaching European Union sanctions. He entered Latvia with the support of the Investment and Development Agency of Latvia (LIAA) following Belarus opposition protests in 2020. Latvian Television's De Facto reports on October 8 that Igor Medved's shareholdings have now been arrested by the service so they can be seized in the future if necessary.
Walnut plantations have now been growing in the Renda Parish of Kuldīga municipality next to Lake Usma for several years. Growing walnut trees has become Eduards Ostrobrods' great passion. He is determined to experiment and make walnut cultivation an important agricultural sector for Latvia. The first harvest is promised in two years, Latvian Radio reported October 6.
Five Latvian startups to watch will attend TechChill Milano, which will be held from September 25-27 in Milan, Italy. Participants are invited to meet the startups at the "Latvia's startup frontiers meet Italy" side-event, which is being sponsored by the Investment and Development Agency of Latvia (LIAA) at 16:00 on September 25 at Cascina Triulza in Milan, organizers said.
Despite the current price increase, inflation, or earlier events such as the Covid-19 pandemic, home production in Latvia is increasing every year according to statistics from the Food and Veterinary Service (PVD). Many of them choose to expand their home production over time. How many home producers are currently in Latvia, how are they doing and what are they making? Latvian Radio looked at these matters on September 19.
Helsinki and Stockholm-based early-stage investor Voima Ventures has announced what it is calling "a science challenge for pre-seed and seed stage science-based startups in the Nordic and Baltic areas, aiming to accelerate science-based innovations across the region."
More than 30 fire rescuers, seven firetrucks, two ladders and a rescue car were involved in extinguishing a hazardous fire on Tuesday afternoon. The limestone flour plant in Saldus municipality, SIA “Sātiņi LM”, was on fire. Representatives of the company do not yet know whether it will recover after this accident, Skrunda Television reported September 6.
"Come get state aid and we will help you exit the Russian and Belarusian market" – such calls to entrepreneurs have publicly been heard from the Ministry of Economics. Entrepreneurs, on the other hand, are frustrated that the previous export refocusing aid program is already closing, but the new one has still not started, and the process of coordination is too slow, according to a Latvian Television report September 2.