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Tuesday 19.06.2018 | Name days: Nils, Viktors

Estonian renewable energy firm acquired for EUR 289 million

Estonia's state energy giant Eesti Energia entered a deal to purchese 100% of the shares of the Estonian renewable energy firm Nelja Energia.

PUC approves regulations for the use of Inčukalns underground gas storage facility

Public Utilities Commission has approved the regulations submitted by AS Conexus Baltic Grid on the use of Inčukalns underground gas storage facility. These new regulations govern he use of the gas storage facility and will come into force along with new storage service tariffs – 1 June 2018, as confirmed by PUC.

MEP: if Latvia does not fight against plastic waste, the country will drown in it

European Commission’s proposed ban on using single-use plastic products in EU member states is a very important step to begin combating plastic waste problem, says MEP from Latvia Inese Vaidere.

Construction costs in Latvia grew 3.8% in April

Compared to March, the level of construction costs in Latvia grew by 0.8 % in April 2018. Prices of building materials increased by 1.1 %, maintenance and operational costs of machinery and equipment – by 0.6 %, whereas labour remuneration of workers – by 0.5 %.

Average milk procurement price in Latvia has not changed much

Average milk procurement price in Latvia did not change much in May when compared to the previous month, as noted by chairman of Central Union of Latvian Dairy Farmers Jānis Šolks.

FTUCL: overtime pay in Latvia should be kept at 100%

Free Trade Union Confederation of Latvia once again underlines the need to preserve overtime pay at 100%, because the proposal from Latvian Chamber of Commerce and Industry to reduce it would only worsen workers’ situation and is unacceptable.

Austria seeks to reduce benefits to immigrants

The Austrian government has announced plans to reduce benefit payments for immigrants and refugees in an attempt to reduce immigration to the Central European country.

airBaltic signs contract for purchase of 60 more CS300 aircraft

Latvia’s national airBaltic airline and Bombardier Commercial Aircraft have announced the signing of a procurement contract for 30 Bombardier CS300 aircraft with option to procure 30 more in the future, as BNN was informed by the airline.

Study: there are as many perspectives in Latvia’s energy sector as problems

Most interviewed farmers are worried about energy-related issues in Latvia. Farmers mentioned end product prices, dependence on energy supplies from third countries, as well as wasteful use of energy as the most serious problems in the country’s energy sector, according to results of a barometer study performed by Baltic International Bank.

Russian TV monitoring finds focus on negative portrayal of Ukraine

Monitoring analysis of Russian state television channels as to the reporting on foreign countries has found that a third of the information spread has been about Ukraine, overwhlemingly portraying it in negative light.

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