Latvian MP Oļegs Burovs declared over €100,000 income for 2025, including salary, pension and dividends

Key facts

• Oļegs Burovs (GKR) earned €81,648 in salary from the Saeima in 2025.
• He received a pension of €21,937.56, pushing total income above €100,000.
• Burovs obtained €14,000 in dividends from SIA 'Projektu vadības konsultanti', where he holds 50% equity.
• He declared €99.25 in interest from deposits at Luminor Bank.
• His cash savings amount to approximately €5,930 across Luminor Bank and Citadele.
• Burovs owns a 2022 Volvo XC90 and has a flat in Riga for use, not ownership.
• He has liabilities of €7,703.93 and has issued loans totaling €108,000.
• An investigation in March 2025 looked into possible concealment of an apartment and paintings in family declarations.

Income breakdown reveals six-figure total

Oļegs Burovs, a member of the 14th Saeima from the party 'Gods kalpot Rīgai' (GKR), earned more than €100,000 last year, according to his 2025 state official declaration. The bulk came from his parliamentary salary of €81,648, supplemented by a state pension of €21,937.56. Additional income included €14,000 in dividends from SIA 'Projektu vadības konsultanti', a company in which Burovs holds a 50% stake. €99.25 in interest from deposits at Luminor Bank.

Assets, liabilities and loans

Burovs declared non-cash savings of roughly €5,930 held at Luminor Bank and Citadele. He has the use of an apartment in Riga and owns a 2022 Volvo XC90. His liabilities stand at €7,703.93, while he has issued loans totaling €108,000. The declaration shows no private pension fund or life insurance savings. Burovs serves as a board member of the political party 'Gods kalpot Rīgai' in addition to his parliamentary role.

Political career and previous scrutiny

Burovs is a veteran politician who built his career in Riga’s municipal government and later in the Saeima. He previously served as chairman of the Riga City Council and is currently head of the Saeima’s State Administration and Local Government Commission. He was elected to the 14th Saeima on the list of 'Latvija pirmajā vietā' but later left that faction. His declarations have drawn attention before: in March 2025, authorities investigated whether Burovs and his family had concealed an apartment and paintings in their official filings. The probe also involved his daughter, who is deputy director of Riga State Classical Gymnasium. No criminal charges have been brought so far.

Transparency through public declarations

State official declarations are public documents in Latvia, designed to provide insight into the financial situations of politicians and civil servants. Burovs’s 2025 filing reveals a relatively straightforward financial structure, with his main income tied to his Saeima salary and pension. The declaration also lists his debts and loans, offering a full picture of his financial commitments. The absence of private pension or life insurance savings is notable, given his age and long public service.

Ongoing investigation and unanswered questions

The March 2025 investigation into possible concealment of assets remains open, though no criminal liability has been established. The case highlights the scrutiny faced by Latvian politicians regarding their declared assets. Burovs has not publicly commented on the investigation or his latest declaration. The outcome of the probe could have implications for his political future, especially as he leads a party and holds a key parliamentary post.

The bottom line

• Oļegs Burovs earned over €100,000 in 2025, primarily from his Saeima salary and state pension.
• He received €14,000 in dividends from a company he co-owns, and has issued loans totaling €108,000.
• Burovs owns a 2022 Volvo XC90 and has use of a Riga apartment, with liabilities of €7,703.93.
• An investigation into possible asset concealment involving his family is ongoing but has not led to charges.
• Burovs is a former Riga mayor and current head of the Saeima’s State Administration and Local Government Commission.