News

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State of emergency until May 12

08 April 2020

Latvia's Cabinet of Ministers decided on Tuesday that the state of emergency, declared in Latvia because of the Covid-19 pandemic, has to be extended until May 12. The government first declared the state of emergency from March 13 to April 14, imposing a number of restrictions and prohibitions.... Read more

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Norway to lift COVID-19 restrictions gradually and cautiously

08 April 2020

‘By working together, we have got the virus under control, and can start to lift restrictions little by little. We will do this together, cautiously, and taking our time,' said Norway's Prime Minister Erna Solberg on April 8, indicating that Norway will start gradual lift of COVID-19 restrictions. ... Read more

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Apply for Permission for Critically Important Business Trips to Norway

07 April 2020

If your company needs to send somebody to Norway for a critically important business trip, you can register your need on LIAA's webpage to obtain a permission! The Ministry of Transport has granted permission for a ferry Ventspils - Nynashamn on April 8 and 9, and Nynashamn- Ventspils on April 13. For an updated information on ferry traffic, please visit the website of Latvia's Ministry of Transport! Please note that all visitors will have to undergo a 14 day quarantine after arrival in Norway!  ... Read more

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COVID-19 in Latvia: Lease payments for the property of public persons and capital companies control

05 April 2020

Read the summary report prepared by Cobalt Legal team regarding the Cabinet of Ministers decision on April 2, 2020 to adopt the Cabinet Regulations No.180 "Regulations on Application of Exemption from or Reduction of the Lease Payments for the Use of the Property of a Public Person and a Capital Company Controlled by a Public Person in relation to the spread of Covid-19". The Regulations provide for support measures related to lease of publicly owned assets. ... Read more

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Welcome BlueOrange Bank as a New Gold Category NCCL Member

03 April 2020

Help us welcome BlueOrange Bank as a new Gold Category member at the Norwegian Chamber of Commerce in Latvia! Since 2001, BlueOrange Bank has been one of the leading independent banks in Latvia, providing banking, asset management and other financial services to private and corporate clients across Latvia, Europe and the rest of the world.... Read more

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Report on Covid-19 Impact on Foreign Investors in Latvia

03 April 2020

The Foreign Investors Council in Latvia (FICIL) in collaboration with SSE Riga has just published a report on Covid-19 impact on foreign investors in Latvia with the aim of providing policy makers with information that can contribute to more strategic and evidence-based decision making during this time. The report covers short-term and long-term challenges investors are facing, measures taken by individual companies as well as recommendations to the Government.... Read more

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Collective redundancies reported in broad range of sectors - State Employment Agency

03 April 2020

The State Employment Agency has been receiving announcements of collective redundancies from a broad range of sectors, the agency's director Evita Simsone told LETA. "Unfortunately, the range of sectors is quite broad - it's administrative and service operations, manufacturing, waste management, accommodation and catering, arts and entertainment, forestry, real estate business,professional, scientific and technical services, also transport and warehousing, wholesale and retail trade," Simsone said. ... Read more