Due to the war in Ukraine, JSC Daugavpils Lokomotivju remonta rupnica (DLRR) will be forced to lay off at least 300 workers. On top of that, in the future there is a possibility of freezing or shutting down operations entirely, according to DLRR representatives. The company notes that since the end of February, DLRR’s financial…
In January, the number of foreign and resident visitors comprised 79.3 thousand, up 2.1-fold YoY, but twice as less than before the beginning of pandemic in January 2020. As compared to January last year, the number of nights spent by visitors comprised 146.6 thousand nights, up by 84.9%. In January, tourist accommodation establishments hosted 49.9…
In January, the foreign trade turnover of Latvia amounted to EUR 2.95 billion, which at current prices was 32.9% larger than a year ago, of which the exports value of goods was 29.6% higher and but imports value of goods – 35.8% higher. Latvia exported goods in the amount of EUR 1.37 billion and imported…
In January-February, the port of Ventspils handled 2.34 million tons of cargo, up by 3.9% YoY. The port handled 925 thousand tons of liquid bulk cargo (-37%), 997 thousand tons of dry bulk cargo (up 2.6-fold) and 420 thousand tons of general cargo (+2%). In the reporting period, the port welcomed 225 ships including 177…
A record number of cruise ships is expected at the port of Riga in 2022 – the reported 102 ship calls are signaling arrival of almost 109,000 sea cruise tourists at Riga during current cruise season, according to the port’s press center. “This year’s cruise ship schedule clearly indicates a positive recovery of the cruise…
In January, freight volume handled in the Port of Liepaja rose by 13.4% YoY, to 554,800 tons, the Port Authority reported. Handling of grain and cereal products rose by 15.3%, to 249,400 tons, handling of anthracite totaled 15,400 tons (not handled in January 2021), handling of building materials rose by 9%, to 47,900 tons, handling…
Latvian flag carrier AirBaltic will start operating direct flights from Riga to the Black Sea city of Batumi from May 2 with twice-a-week flights, TAV Georgia, the company operating two airports in Georgia, has announced. AirBaltic will perform flights to Batumi by Airbus 220 aircraft. Founded in 1995, AirBaltic has been operating direct flights to…