LatviaPublished: 14 October 2026 at 23:56

Riga City Council Allows Rīgas nami to Borrow €22 Million for Central Market Development

Riga City Council deputies on Wednesday backed a plan to let the company SIA Rīgas nami borrow more than €22 million for the development of the Central Market.

At a session on Wednesday, Riga City Council deputies supported a plan to allow the company SIA "Rīgas nami" to borrow more than 22 million euros. The money is intended for the development of Riga's Central Market.

The decision means the company may take out a loan of this size to finance work on the market. The information available does not specify which projects or construction works will be carried out, what the loan terms and deadlines are, or how many deputies voted in favour.

Further details on the next steps and on how the funds will be used have not yet been published.

Comments

Choose a username (stays yours for good):

0/1500

Comments are automatically moderated. No hate, threats, personal data or spam.

Loading comments…

More in this category

Latvia

United List wins 41 Saeima seats, but government talks have yet to begin

The United List will hold 41 of 100 seats in the next Saeima, an outcome without precedent in Latvian history. Party politician Andris Kulbergs wants a government formed quickly, yet consultations with other parties have not started.

Žurnāls Ir · 33 min ago

Latvia

Poll: No clear favourite for Latvia's next coalition, minority government has little support

A SKDS poll commissioned by the programme "Kas notiek Latvijā?" shows that opinions on the next government's make-up are split. The most popular option is a coalition of the United List, the National Alliance and New Unity.

LSM · 2 h ago

Latvia

Police in Riga search for 19-year-old who escaped from a station

The State Police actively searched Riga on Wednesday for a 19-year-old man who got out of a police station after being detained. The case was reported by the TV3 programme "Degpunktā".

Apollo.lv · 3 h ago