Riga Airport signed a €248.000 contract with BM-projekts for the development of a multi-storey car park; the short-term 400-space car park project will be developed and approved by the construction authority within nine months

Riga Airport signed a cooperation memorandum with the Aviation Academy of South Korea’s Incheon International Airport Corporation, a leading aviation training centre in the Asia-Pacific, to develop RIX Academy, attracting a broader range of trainees

Latvian full-service aircraft leasing company SmartLynx Airlines has ceased operations; in a statement to the media the company said the decision was made after assessing financial position and long-term operating prospects

Lāčplēsis Day was celebrated yesterday across the country; named after Latvia's mythical warrior hero, it's a day of historical commemoration and an occasion to express appreciation for the service and sacrifice of all those who serve in the armed forces

Agricultural lending platform LANDE and European Investment Fund will support a loan portfolio for small and medium farmers in Latvia and Lithuania; EIF will cover 80% of credit risk on loans of up to €50.000, which will be granted without collateral