Latvia's co-investment ensures that the state maintains its strategic participation in the company, while at the same time demonstrating unified shareholder support for airBaltic's long-term growth and strengthening of financial independence, the Ministry of Transport (SM) stated.
Following Lufthansa Group's commitment to invest EUR 14 million in airBaltic as a strategic investor ahead of the company's potential IPO, the Latvian government has decided to co-invest in the same amoun...