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Tuesday 16.01.2018 | Name days: Lida, Lidija

Businessman: Latvian economic policy - destructing

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Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RU, Uldis Lielpēteris

Uldis Lielpēteris

The government’s economic policy is nothing but destructive and destroying the country. Thanks to it, professionals are forced to look for jobs in Great Britain and Ireland, not Latvia, swimming pools and accessories company SIA Latgales baseini head Uldis Lielpēteris told the business news portal BNN.

What are the recent key events in your sector?

Swimming pool sector has not seen any significant changes recently, except for the crisis triggered rapid drop in the number of clients.

Do you lack qualified work force?

Yes, very much. When searching for an assembly engineer, I interviewed people for about a month until I found some suitable candidates.

What changes would you like to see in the Latvian legislation?

I believe the judicial system calls for reforms the most, because it is not a normal situation with debtors not settling the debt for years and simply attending some hearings a couple of times a year and that’s it. The Procurement Law could be amended as well, so that it supports regional development by letting municipalities opt for local companies, not the cheapest options.

How did the crisis affect your industry?

It destroyed it just like many other sectors in Latvia.

When will your company attain the pre-crisis performance?

Hopefully, this year.

What is your assessment of the government’s policy to improve the economic situation?

It is nothing but destructive and destroying the country. Thanks to this policy my potential employees – assembly engineers, project managers and other specialists are now found in Great Britain, Ireland and elsewhere.


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  1. Janine says:

    It’s rlaely great that people are sharing this information.

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