Latvijas Gāze is the first company in Latvia, which published the Annual Report in 2021 in accordance with the new ESEF requirements. On 25 November, at the Nasdaq Riga seminar ‘Insider lists and ESEF requirements’, our Accounting Officer Olga Bobrova shared hands-on experience with iXBRL reporting.
Latvijas Gāze has introduced and implements an environmental management system, thus confirming the company's high standards, the purposeful reduction of its impact on the environment, and responsible management. The company has received the internationally recognised ISO 14001 certificate, which confirms that the environmental management of Latvijas Gāze complies with the international standards and best practices.
On 9 November 2021, the 13th Baltic Gas Market Forum, where participants talked about regional infrastructure development projects such as GIPL and ELLI, and shared information regarding the latest developments in the Baltic and Finnish natural gas markets.
On 29 September 2021, Latvijas Gāze participated in the conference ‘HEAT SUPPLY 2021: Purposeful Achievement of Climate Objectives in Latvian Towns’ (orig. – SILTUMAPGĀDE 2021: mērķtiecīgai klimata mērķu sasniegšanai Latvijas pilsētās) organised by Dienas Bizness, in which the global conditions affecting the natural gas market and price changes both globally and locally were discussed.
JSC Latvijas Gāze has concluded amendments to the existing overdraft agreement with OP Corporate Bank plc.
In the first half of 2021, the net turnover of the Group reached EUR 154.3 million, which is 56% more than in the corresponding period in 2020, while the net profit of the Group in the first six months of 2021 is EUR 5.4 million.