Business - Riga Talk

Business

Invego Is Buying Skonto Stadium: Five More Years of Football, Then a New District

October 24th, 2026052 Estonian developer Invego has agreed to buy Skonto Stadium in Riga. Football stays for five more years, then the site is set to become a new city district.

Business

Non-EU Parcels Get a €2 Handling Fee per Item From 1 November

October 23rd, 2026051 From 1 November, every different item in a parcel from outside the EU carries a €2 handling fee on top of customs duty and VAT. Here's the maths.

Business

Latvia's Funeral Cartel Rigged €2M of Public Tenders, Watchdog Says

October 21st, 2026033 Nine Latvian funeral firms split at least 13 public tenders between them from 2020 to 2025, the Competition Council says. Fines total €47,124.66.

Business

Riga Apartment Prices Up 10% This Year, Imanta Leads the Climb

October 19th, 2026025 Flats in Riga's block estates cost more every month this year: €978 per m² on average, with Imanta and Āgenskalns rising fastest.

Business

Migla Wins: Station Square Pavilion Gets Its New Face

October 16th, 2026077 NOONSOON and Nemoralis win Migla for Riga's Station Square pavilion. Nine entries on show at Origo until year-end.

Business

airBaltic Cuts Five More Riga Routes for Winter, Drops Innsbruck

October 10th, 20260144 No winter flights from Riga to Bucharest, Sofia, Budapest or Oulu, and Innsbruck is gone. Here's who's affected and how to rebook or get a refund.

Business

Turbulence Ahead: airBaltic Seeks €225M Amid Financial Storm

August 12th, 2026081 Latvia’s flagship carrier is hitting some serious turbulence this August. The national airline, airBaltic, is reportedly seeking €225 million in interim...

Business

Riga on Notice: The Hunt for airBaltic’s White Knight Investor

July 20th, 2026092 Latvia’s flagship airline is at a serious crossroads this week. Prime Minister Andris Kulbergs recently confirmed that the government is deep in closed-door talks with...

Business

Latvia's Startup Scene Is Quietly Building Something Real

February 26th, 2026098 While tech hubs like London and Berlin grab headlines, Latvia's startup ecosystem has been steadily maturing into a legitimate force in European innovation. From fintech...

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Must Read

Free Winter Sand for Riga Sidewalks Starts Monday

From 9 November, Riga property owners and caretakers can collect free grit sand for hard sidewalks — 50 kg per property at four city sites.

Nov 7th, 2026 inNews

Rīgas ūdens Raises €40 Million for Sewers and Daugavgrīva Upgrades

Rīgas ūdens raised €40 million in European Green Bonds on 4 November at a 4.839% coupon, closing its €60 million programme for sewers and Daugavgrīva upgrades.

Nov 6th, 2026 inBusiness

Dzirnavu Iela Rebuild Done: Bike Lane Through Riga’s Centre

Dzirnavu iela from Tērbatas to Skolas is fully open again after its rebuild — new bike lane, sidewalks and crossings at Galerija Rīga.

Nov 5th, 2026 inNews

Staro Rīga 2026: 52 Light Works Take Over Riga, 15–18 November

Staro Rīga is back from 15 to 18 November: 52 light works, 5:00 PM to 11:00 PM every night, on a route of almost 5 km along both Daugava banks.

Nov 4th, 2026 inEvents

Tvaika Iela Closed for at Least a Week After Sarkandaugava Factory Fire

A big fire at Tvaika iela 4 has shut the street for at least a week. Trolleybus 3 and bus 49 now stop at Sarkandaugava. Drivers, take Aptiekas iela.

Nov 3rd, 2026 inNews

Latvia’s U16 National Team Met with Hero’s Welcome in Riga After Historic EuroBasket Gold

Road to 2027: Latvian National Team Dominates Austria, Advances in World Cup Qualifiers

A New Era Dawns: Latvia Demolishes Austria as FIBA 2027 World Cup Campaign Begins

July Heat: The Courts of Grīziņkalns Are On Fire This Week

Latvia Puts on a Show, Downs Slovenia 5-2

Latvia Beats USA to Take Home Bronze at Ice Hockey Worlds

Semifinal for Latvia? Yes Please

Latvia Makes Quarterfinal at Ice Hockey World Championship

Eliza Cauce finishes 4th, Ulla Zirne 17th in Luge World Cup

Rīgas ūdens Raises €40 Million for Sewers and Daugavgrīva Upgrades