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Saturday 19.08.2017 | Name days: Melānija, Imanta
LatviaLatvia

State administration to allow employee financial motivation

Starting from the next year, the employees financial motivation system in the state administration will be resumed, as well as the possibility to receive 30% premium in addition to the salary.

Latvia GDP surges 2.9%

In the third quarter of this year, the GDP has increased by 2.9%, compared to the corresponding period in 2009. Manufacturing contributed the most to the GDP growth.

Belarusian company starts proceedings on LatRosTrans oil pipeline ownership rights

The Belarusian company Družba has started legal proceedings on the oil pipeline Polock - Ventspils ten millions of lats worth technological oil ownership rights, on which SIA LatRosTrans has also laid a claim.

LNT Chairman Rudolf Meroni: the Latvian State must protect its national interests

Rudolf Meroni, the Chairman of the Supervisory Board of Latvija naftas tranzīts (LNT) the second biggest Ventspils Nafta shareholder cannot understand, why the Latvian government does not defend the national interest and resources in the case of the LatRosTrans crude oil pipeline.

Latvian companies total loss in 2009 - 754 million lats

Economically active businessmen losses after tax reached 754 million lats in 2009, according to the Central Statistical Bureau (CSB) data.

Big cities residents to pay the highest property tax

If the Saeima approves the government's supported proposal to double property tax for housing, Riga, Jurmala and other big cities residents will have to pay the most in taxes.

Builder: poor use of EU co-funds hinders construction revival

If all the money provided by the EU structural funds in Daugavpils was made use of, each and every builder in the city would be employed. Unfortunately this money is not used enough due to lacking co-financing or other reasons, told Daugavpils construction company SIA Gādība Executive Director Jevģēnijs Vasiljevs.

Frost arrival increases the number of road accidents

The first CASCO and OCTA insurance claims have been received regarding vehicle damage due to frost, ice-cover and snow, the business portal BNN was informed by ERGO insurance company.

Non-financial investments in Latvia – 823.4 million lats

This year, during the period January – September, non-financial investments (at current prices) in Latvia formed 823.4 million lats, of which in the third quarter – 384.9 million lats.

Gasoline price hits new record in Latvia

Gasoline prices in Latvia continue climbing and surpassing all the previous price records. Today, December 8 retailer Latvija Statoil filling stations report 95 octane gas price - 81.4 santims per liter.

412 new companies registered in Latvia

Last week 412 new merchants were registered in Latvia, which is 29 less than a week ago. The majority - 336 were limited liability companies, 33 - individual merchants, while 29 - associations.

Gazprom pledges to delight Latvian consumers

Gas procurement price formulation for Latvia will be changed in the upcoming days. The price correction will be positive news for Latvian consumers, says Gazprom representative in the Baltics Pavel Litvinov.

Non-stop attempts to steal fuel

Illegal fuel obtaining ways differ in Latvia, and according to fuel dealers, may comprise 30% of Latvia’s domestic gas market.