Luminor Bank has granted EUR 880,000 in financing to Rēzeknes Siltumtīkli for the reconstruction of a section of the main district heating pipeline in Rēzekne. The project aims to improve the reliability of the district heating system and ensure an uninterrupted heat supply to residential buildings and other facilities in the city.  The financing will […]

In September the war found its second chokepoint, and markets followed. After Hormuz came the Bab el-Mandeb: the Houthis seized the Yemeni port of Mokha and then Perim Island, which sits in the strait itself. At the same time, drones launched from Iraq forced Saudi Arabia to shut its East-West pipeline, the kingdom’s main route […]

Luminor Bank continues to support the growth of forestry and logging company LIVO Mežs, granting EUR 1.8 million in financing. The financing will enable the company to increase its logging capacity, expand its operations across the regions, establish new timber yards, as well as increase export volumes and enter new export markets.  Based in Sigulda, […]

Signet Bank has provided EUR 1.3 million in financing to short-term car rental company EasyCars. The financing will be used to expand the company’s vehicle fleet, strengthening its operational capacity and increasing vehicle availability for customers at Riga and Tallinn airports.  The financing will enable EasyCars to expand its rental fleet and continue developing its […]