Latvian business news

Latvia’s Insolvency Landscape: Declining Insolvencies and Shift to Legal Protection Processes Recent data from the Insolvency Control Service (MKD) of Latvia reveals a notable trend: a decrease in both insolvency …

Latvia’s Insolvency Landscape Shifts: Fewer Bankruptcies, More Restructuring Latvia is experiencing a notable shift in its insolvency landscape, with a decrease in both personal and corporate insolvencies alongside a rise …

Merito Partners and InCity Capital Launch EUR 4 Million Riga Residential Project Construction is underway on Skanstehof, a novel residential development in Riga, Latvia, resulting from a partnership between investment …

Ignitis Group Reports Strong 2025 Performance, Driven by Green Energy Investments Ignitis Group, a state-owned energy holding company based in Lithuania, announced adjusted EBITDA of €546.1 million for 2025, a …

Latvian Businesses Embrace Digital Document Management, E-Invoicing Adoption Grows As electronic communication becomes increasingly central to business operations, Latvian companies are rapidly adopting digital document management practices. A recent survey …

Baltic States Notice Continued Growth in Novel Company Registrations Despite geopolitical risks, the Baltic states – Estonia, Latvia, and Lithuania – experienced an increase in new company registrations in 2025, …

Indexo Real Estate Fund Demonstrates Rapid Growth in Baltic Market The Indexo Real Estate Fund, managed by Provendi Asset Management, has experienced substantial growth since its establishment, nearly quadrupling its …

VPLAB: From Baltic Roots to Global Sports Nutrition Leader Founded in Latvia over two decades ago, VPLAB has emerged as a significant player in the competitive sports nutrition and supplement …

EU Deforestation Regulation: Navigating the Recent Landscape for Global Supply Chains The European Union is poised to implement a landmark regulation aimed at curbing deforestation linked to key commodity supply …

EU Digital Identity Wallet: A Rocky Road to Implementation The European Union’s ambitious plan to roll out a universal digital identity wallet for all citizens, residents, and businesses is facing …