Latvia: Ventspils entrepreneurs are ready to take part in rebuilding Ukraine’s ports and railways

The World Bank has estimated that Ukraine’s reconstruction will require at least 500 billion euros, while Ukraine’s official institutions suggest the figure could be twice as high. The question of how to help Ukraine recover was also discussed by Ukrainian and Ventspils entrepreneurs during an off-site session of Ukraine’s Transport Infrastructure Development Committee, held in…

Latvia: unemployment is higher than EU average

In July, Latvia’s unemployment rate stood at 6.6%, higher than the European Union (EU) and euro area averages, according to data published on September 1 by the EU statistics office Eurostat. Among EU member states, higher unemployment rates in July were recorded in Spain (10.4%), Finland (9.5%), Sweden (8.7%), Greece (8%), France (7.6%), Estonia (7.2%)…

Ukraine: Ministry of Economy and Latvian Ministry of Agriculture sign cooperation protocol

The Ministry of Economy, Environment and Agriculture of Ukraine and the Ministry of Agriculture of the Republic of Latvia have signed a protocol on mutually beneficial cooperation in the fields of agriculture, food safety and rural development. The document, based on a previously concluded Memorandum of Understanding between the two countries, was signed by Ukraine’s…

Ukraine: Prime Minister discusses expanding cooperation in defence industry and innovation with Latvian counterpart

A meeting between the Prime Ministers of Ukraine and Latvia, Denys Shmyhal and Evika Silina, took place in Kyiv. The parties discussed bilateral cooperation across various sectors. The Head of the Ukrainian Government expressed gratitude to Latvia for its support and consistent assistance to Ukraine in military, political, humanitarian and sanctions-related areas. “We value Latvia’s…

Latvia: Rail Baltica construction begins

The implementation company of the “Rail Baltica” railway project in Latvia, SIA Eiropas Dzelzcela linijas (EDzL), and the mainline constructor ERB Rail have signed an agreement to start construction work. Construction of the Rail Baltica mainline in Latvia will begin on the southern section from Misa to the Lithuanian border, which is divided into several…

Latvia: talks are underway with several companies on large-calibre ammunition production

Discussions are currently taking place at various levels with multiple manufacturers regarding the potential production of large-calibre ammunition in Latvia, in order to find the most suitable solution for the needs of the National Armed Forces (NAF), the Ministry of Defence (MoD) Press Department confirms. Aivars Purins, State Secretary of the Ministry of Defence, confirmed…