News

Latvia's GDP growth exceeds the EU average, and with the region's steady economic expansion, many companies have substantial potential for growth and opportunities to expand into foreign markets.

Interview with the CEO and co-owner Edgars Cērps.

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The Bank of Latvia has approved the Base Prospectus of the secured bond issue of AS Longo Group, the largest used car retailer in the Baltic region. 

This €1.36M investment aims to build the region’s most advanced car service center.

EU car production slows, raising questions: Will Chinese-made electric cars fill the gap?

Sales Director Rainer Uukkivi shares tips to detect mileage rollback.

Nasdaq (Nasdaq: NDAQ) announces that bonds issued by Longo Group AS, the leading player in 

Used car dealer "Longo Group" plans to reach 100 million euros in annual turnover in the near future.

The risk management company Coface has published its top 50 ranking of the largest businesses in the Baltic. 

The consolidated turnover of the used car dealer "Longo Group" in 2022 was 44.7 million euros (50.4 million euros, including VAT), which is 48% more

Over the next two years, AS "Longo Group" will implement several bond issues, which will finance the company's growth plans.

Almost a quarter or 23% of Latvian residents plan to buy a car this year, concluded a survey conducted by the used car dealer "Longo group"