The shortage of highly qualified specialists, which is currently experienced by a number of companies, particularly in manufacturing and ICT sectors, is hindering Latvia’s economic growth, growth in…
On 1 January 2018, the new financing model for the mandatory procurement component (MPC) entered into force, and in February energy-efficient companies received their first electricity bills with a…
“The work launched last year on a representation of Latvian startups in the Silicon Valley is over and a strategic and professional representation in the global startup networking site and the…
“The measures implemented in 2017 to improve the business environment will make it more attractive to domestic and foreign investors, and will significantly facilitate day-to-day work of…
“The priorities of the Ministry of Economy in 2018 are higher wages for workers and support for the Latvian industry. In the year of the Latvia’s centennial anniversary, all citizens of Latvia must…
Growth of the Latvian economy was considerably faster in 2017 than in the previous years. The gross domestic product (GDP) grew by 4.5% in 2017. The acceleration of growth in 2017 was fostered by the…