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Monday 20.11.2017 | Name days: Anda, Andīna
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Balticovo: ambitions of some officials raise suspicions of corruption in Latvia

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUAttitude towards all manufacturers in Latvia should be equal; there should be no separate ambition from officials. It slows the development of the national economy and, unfortunately, increases the risks and possibilities of corruption, said Balticovo Chairman Arnis Veinbergs in his interview to BNN.

Can you name some of the most significant recent events in your sector?

The most important events in this particular sector include the adoption of EU rules on the improvement of conditions of birds starting April 1, 2012 and the EU treaty on free trade with Ukraine.

Do you feel any improvement of economic conditions and business growth on the market? How would you describe the government’s policy to improve the economic situation in the country?

The lack of a long-term tax policy and the price policies used by Latveergo and Latvijas Gāze slow down general economic growth. Unfortunately, the increase of prices on energy resources will reduce the competitiveness of Latvian enterprises on the global market. The inability to make professional and weighted decisions in the energy sector may reduce our economic growth potential.

How is your business affected by Latvia’s policy? How would you like the country’s laws to change? What helps your business? What makes it harder for your business to function?

We would like to see equal attitude towards all manufacturers in Latvia. We have experienced problems when working with farmers who produce eggs for us – the Environmental Protection Service has been delaying the issue of permits for them for the last two years. This problem is an ambition of one specific official. This kind of attitude is negative and delays the growth of the national economy. Cases when officials are able to delay or completely stop initiatives of entrepreneurs are unacceptable.

How would you describe the position of your sector on the Baltic market? What about competition with Estonia and Lithuania?

We are the leaders in egg and egg product manufacturing in Northern Europe. We continue to strengthen and develop our competitiveness in the EU.

What would you call the ‘ace’ of your sector and the ‘Achilles’ heel’ of your sector?

Our ace is that we have plenty of resources at hand and a good competitive base in the context of the EU. Our weak point is the unstable economic-political environment in Latvia and the country’s tax policy.

Can you say there is a lack of skilled workers in Latvia?

We do not feel such a lack at the moment. We try to cultivate our own professionals and we will continue to do so in the future.

What are your predictions for the next five years? Will the economic situation worsen or will it improve?

I hope the situation will improve, as will our government’s understanding how the country’s economic situation can be improved. I believe this can be achieved through close relations between the government and business organizations.

Ref: 102.109.109.8393


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