News

The most concrete cross-border 5G action-plan in history was developed at 5G Techritory
The 5G Techritory Forum brought together over 1000 participants over 4 days for a variety of workshops, roundtables, hackathons, and sessions, resulting in the most comprehensive collection of...
5G Techritory: The effect of digitalisation on business and society to be analysed at Industry 4.0 panel discussions
Prominent futurologists, representatives of world-renowned enterprises and leaders of the local technology companies will discuss the impact of the fourth industrial revolution on business and...
Peikko to extend its co-operation with Riga Technical University in Latvia
Peikko Group Corporation has today signed a Memorandum of Understanding with Riga Technical University, RTU. The agreement was facilitated and co-signed with the Investment and Development Agency of...
The First-ever 5G Policymakers' Hackathon Announced
The first 5G policymakers' hackathon will be held on November 26-27 in Riga, Latvia, during the 5G Techritory Forum. The hackathon will bring together participants from businesses, mobile...
Government and FICIL agree on the priorities to improve the business environment: university governance and solutions to the problem of labour shortage
On Friday 31 May, during the High Council meeting of the Cabinet of Ministers of Latvia and the Foreign Investors' Council (FICIL), the government and investors agreed on the most important...
Riga Airport Welcomes its First Flight from Korea
On Friday, 24 May, Riga Airport solemnly welcomed the first direct commercial charter flight from Seoul, the capital of South Korea. The flight was operated by Korean Air and organised by one of...
The Latvian start-up company Anatomy Next is partnering with NATO
The Latvian start-up Anatomy Next, which has gained recognition in Latvia and the United States, together with researchers from the Riga Stradins University Military Medicine Research and Study...
airBaltic is the most punctual airline in Europe
Latvian airline airBaltic has retained its place as the most punctual airline in Europe and is the second most punctual in the world according to the OAG analysts. The leading global provider of...
Riga Airport Sets Another Record of Passengers Served in 2017
05.01.2018. Riga International Airport reached another record number of passengers served in 2017 – on December 28, the Airport welcomed its six millionth passenger. Lithuanian Egle...
Latvia places third among OECD’s member states for tax competitiveness
Latvia’s tax system ranks third among those of the Member States of the Economic Cooperation and Development (OECD), according to the organization's latest "2016 International Tax...
Pondering Brexit, optimistically looking into the future
The Brexit vote in early summer and US elections in late autumn have shaken up the investor communities around the world. The argument goes that in today’s globalized world no one can escape...
Latvia passes a new law that provides special support for startups
On November 23, the Latvian parliament passed a new start up law that creates a favorable tax regime for startups. The law foresees two tax plans: a special flat tax regime, currently 252 euros/month...
iCotton to build a new production facility
Italian-Russian joint venture in Latvia, iCotton plans to build a new 10,000 square meters production facility in Liepaja, according to the company’s CEO Sergey Binkovskis. The building the...
Latvian IT company’s program used to store data in the cloud
Latvian IT company Knowledgeprice.com has helped the British bank OakNorth to become one of the first banks in the UK to store its basic systems in the cloud. British financial supervisors and...