On November 27-29, Rīga will play host to 5G policymakers, heads of major industry organisations, and business leaders from Europe, the USA, and Asia for what is described as "one of the leading 5G events worldwide" to discuss the deployment of the first commercially-viable 5G business models.
This week, admissions to the She Goes Tech IT scholarship program concluded with 650 applications submitted for 80 spots. The IT classes are organized by the Riga TechGirls NGO with the goal of helping graduates start a career in IT.
October 3 saw a ceremony to award the strongest commercial brands and so-called "influencers'' in the Baltic states for the first time.
Defense Minister Artis Pabriks (For Development/For) and European Parliament member Ivars Ijabs (For Development/For) have both joined For Development of Latvia, the political party's representatives said October 3.
Nasdaq announced Deptember 30 that Erste Group Bank AG has been granted stock exchange membership on the Nasdaq Rīga and Nasdaq Vilnius markets as of October 1, 2019.
This past summer the companies running Tokyo City restaurants were liquidated and new operators have been established instead, but the State Revenue Service still plans to enforce €9 million of unpaid social contributions for a time period of 2016-2017 from the company, the Latvian public television reported.
The telecoms provider BITE Latvija has struck an agreement to buy the Baltcom internet support provider, Bite head Kaspars Buls told the press September 24
This fall, a K Senukai DIY store will be opened at the Ozols shopping center, just across the railroad from the enormous Akropole shopping mall, the company told the press September 20.
Startup Day, dedicated to business and entrepreneurship, returns to Latvia on September for a third time with what organizers are calling a "broad program" to "promote cross-sectoral cooperation and highlight the contribution of startups to Latvian economic vitality and innovation development."
People with ideas about innovation and problem-solving in the creative industries are being invited to take part in an upcoming "hackathon" in St Petersburg, Russia.
The timing could have been better. Members of Latvia's construction and civil engineering industries gathered at the VEF Palace of Culture September 3 to hold their annual awards ceremony - on the same day that several construction companies were raided by anti-corruption police.
The Latvian Corruption Prevention and Combating Bureau (KNAB) is on September 3 raiding the offices of several construction companies and state officials, according to LETA news agency.
According to the Baltic Venture Capital Association, the private equity and venture capital market in Estonia, Latvia and Lithuania has grown sevenfold during the last five years to stand at more than €3 billion in 2019.
National postal service Latvijas Pasts has acquired the independent Pasta Stacija parcel terminal chain with its 61 terminals from the Baltcap investment fund for 1.8 million euros, said the company’s chairman Marcis Vilcans, cited by the LETA newswire August 22.
Latvia's financial regulator, the Financial and Capital Markets Commission (FKTK) announced August 20 a 1,000 euro fine on international fiberglass company Valmiera Glass (joint stock company Valmieras stikla šķiedra)
From August 30 to September 1, what is being claimed as "the biggest innovation event of this summer" – the innovation and technology festival iNOVUSS – will take place on Lucavsala island in the middle of the River Daugava, Rīga.
Latvian dairy cooperative Piena Ceļš (Milky Way) plans to team up with Estonian cooperative Epiim and invest 100 million euros in a new dairy plant in Estonia for processing milk supplied by Latvian and Estonian farmers, Piena Ceļš board chairman Raimonds Misa told the LETA newswire August 20.
Latvia's government declared war on red tape and unnecessary paperwork August 20 with the launch of what it is calling a "zero bureacracy" initiative.
Board game company Brain Games Ltd. which was founded in Latvia, has acquired Lithuanian board game, puzzle and toy retailer and wholesaler New Media Publishing Ltd, becoming in the process the largest chain of board game shops in the Baltics.
Plans have been unveiled for the construction of a major industrial park with its own renewable energy plant near Rīga International Airport.
Latvian airline airBaltic has completed a full set of planes in the colors of the flags of the Baltic states, on August 8 revealing a jetliner in the Lithuanian colors to go with the already extant Latvian and Estonian flag liveries on other Airbus A220-300 planes, as previously reported by LSM.
The renovation of the Mežaparks Great Bandstand is one month ahead of schedule, reported LSM.lv on July 24.
Due to the present paucity of 5G devices, it is important now to focus on generating innovative solutions for the future use of 5G technology, the president of the Latvian Information and Communications Technology Association (LIKTA) Signe Bāliņa told LSM.lv on July 20.
Businessman Guntis Rāvis’ son Rihards Rāvis is taking over as head of Latvia’s Skonto Group as of July 19, the company’s representatives told the LETA newswire.
M.M.M. Projektai, a real estate company owned by Lithuanian businessman Nerijus Numavicius, plans to invest €200 million in Rīga over the next seven years through its Latvian subsidiaries, reported db.lv.
The new-generation 5G Internet network is not intended for general public use yet, but rather for the management of industrial and technological processes, according to Juris Binde, president of the mobile telecoms operator "Latvijas Mobilais telefons" (LMT), speaking in an interview on LTV and Latvian Radio July 19.
The Printful Latvia company, part of Draugiem Group, has bought 6,578 square meters of land near its headquarters on Rīga's left bank in a deal worth €530,000.
The majority of the 134 green energy producers, whom the Ministry of Economics have threatened with aid suspension, have submitted the document specifications demanded by the Ministry, reported LSM's Latvian service on July 2. If this turns out to be enough, the state will continue buying electricity at a higher price from these producers. It is already known, however, that 13 producers will lose state support in July.
The former restaurant “Sēnīte”, which has stood neglected for almost 20 years, is being sold with an asking price of 580 000 euros, according to an advertisement on the website of the “ober-Haus” real-estate company, reported LSM's Latvian service on July 3.
The interim supervisory board of Latvia’s Latvenergo energy company that was appointed by Economics Minister Ralfs Nemiro (KPV LV) on June 19 resigned July 1 after less than two weeks, reported the LETA newswire.