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Saturday 19.08.2017 | Name days: Melānija, Imanta

Latvia – leader among Baltic States in popularity of hybrid cars

Residents’ interest towards sustainable lifestyle, including technologies that support it, there has been an increase in the number of hybrid cars sold in Latvia.

Vitol and Helios now own 100% of Vivo Energy

Following the acquisition of 20% of Vivo Energy shares by Vitol Africa B.V., Helios Investment Partners and Vitol have become owners of 100% of Vivo Energy, as reported by Vitol Baltics representative.

Deputies to ask Caksa about industry’s funding and planned reforms

On Wednesday, 10 May, members of Saeima’s Social and Employment Matters Committee intend to invite Healthcare Minister Anda Caksa to the meeting in order to listen to her vision for healthcare sector’s future development, as BNN was informed by Saeima’s press-service.

Among Baltic States, Latvia exported and imported the least in the past two months

In the first two months of 2017, Latvia’s export volume was EUR 1.642 billion. Lithuania exported goods worth EUR 3.865 billion and Estonia exported goods worth EUR 1.921 billion.

Coalition partners still discuss solutions to reduce real estate tax payments

On Monday, 8 May, representatives of coalition parties offered different solutions to accomplish smaller real estate tax payments.

Kucinskis: it is important to form a unified Baltic gas network

Baltic States and Poland should cooperate more closely in efforts to resolve important matters, says Latvian Prime Minister Maris Kucinskis.

SEB: volume of home loans in Latvia on a rise

The volume of home loans issued in Q1 2017 has grown by 30%, according to data from SEB Bank.

Industrial production volume in Latvia up 10% in March

Compared to March 2016, industrial production output1 increased by 10 % in March. Industrial production output in manufacturing grew by 7.4 %, in mining and quarrying by 5.6 %, and in electricity and gas supply by 19.1 %.

Latvian Traders Association: tax reform is being realized at the expense of small businesses

The tax reform provides for a major increase of labour costs for small employers. In accordance with Finance Ministry’s offer, these companies will have to find more than EUR 13 million to, at the very least, maintain their business activities, Latvian Traders Association comments on the situation.

Canadian military vehicles arrive in Latvia

On Monday, 8 May, Canadian military vehicles and equipment for support of the Canadian multi-national battalion arrived at Riga port. The battalion is set to arrive in Latvia in June, as reported by Latvian Defence Ministry.

Estonia’s big clean-up attracts 50 000 people, Latvians – more active

Estonia’s big clean-up campaign Teeme Ära 2017 reported that over on Saturday altogether 2,130 common voluntary work actions were taken bringing together at least 50,358 people.

Lithuania set to cut university number from 14 to 4

Lithuania has taken on the biggest ever revamp of its high education – two international-level universities and two technological universities are expected to remain in the country after a planned reform of the current high education system.

Residents’ sense of security in Latvia remains the lowest among Baltic States

Estonian residents feel much safer than their neighbours in Latvia and Lithuania. On a scale of -100 to +100, Estonians consider their security at +11. Lithuanians consider their security at -6 and Latvians – at -10, according to data from Ergo Baltic States Security Index.

Government approves new state budget priorities funding processes

Latvian government approved the new state budget priorities funding process, BNN was informed by Finance Ministry.

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