The history of the gas supply of Latvia goes back more than 150 years, but the company as it is known today was established 30 years ago, after Latvia regained its independence.
2021 was unexpectedly challenging and dynamic for the natural gas market. Several global conditions caused a sharp price jump because of which the price of natural gas was almost 6 times higher at the end of 2021 than at the beginning of the year. This has had a significant impact on both natural gas users and natural gas traders.
On Friday, 3 December 2021, an online discussion ‘How do you stay transparent and still play the field?’ took place. During the discussion, entrepreneurs and experts shared their experience on how much information about the operations a company must disclose in the interests of investors and the public, while not losing the competitive advantage.
The TOP101 of the most valuable enterprises in Latvia in 2021 developed by Nasdaq Riga and Prudentia has been published. Latvijas Gāze is ranked 9th with a value of EUR 463.81 million.
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.
Environmental responsibility means not only goals and policies, but also real actions, so a tree stand has been planted with the support of the company, which will help reduce harmful CO2 emissions for many years to come.