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H&M to open a showroom in Old Riga
This May, the H&M will open a new showroom in Old Riga intended for bloggers and journalists.
Estonians offer credit scoring solution based on social media
Estonian company Big Data Scoring that is managed and co-owned by Erki Kert, former board member of LHV Pank, is offering credit scoring based on social media data.
Riga Mayoral candidate: Armands Krauze – the “working bee”
The proposed mayoral candidate from the Union of Greens and Farmers is one Armands Krauze – largely unknown to the residents of the Latvian capital. He has no prior experience in city management. This is probably the reason why he easily gives pre-election promises that are very hard to implement in reality.
2 commentsPolitical calendar of Latvia. May 7 - 10, 2013
Calendar of political events in Latvia. May 7 - 10, 2013...
Economic calendar of Latvia. May 7 - 10, 2013
Calendar of economic events in Latvia. May 7 - 10, 2013...
Half of Latvian builders remain in a difficult financial situation
The construction industry is rapidly recovering. However, it remains behind its pre-crisis achievements. The recovery of this industry has now become a state priority.
Creditors offer to purchase Liepājas metalurgs for 3 LVL; shareholders yet to reply
On Tuesday, May 7, the largest shareholders of Liepājas metalurgs (LM) – Sergei Zakharin, Ilya Segals and Kirov Lipman – are expected to submit their reply to the offer of LM's creditors to sell their shares – a total of 93% - to the largest creditors or their representatives for 1 LVL each.
Townsfolk insure their homes against neighbours, villagers – against natural disasters
Latvian residents often insure their property against fires and thefts (84%), as well as possible damage caused by neighbours (55%).
Financial Times commentators rigorously discuss Latvia's economy
A series of British Financial Times articles have turned into a discussion between experts and commentators about Latvia's economy and its crisis overcoming model.
Estonian PM: Lithuanians need a new referendum
Estonian Prime Minister Andrus Ansip said at a government press conference that the development of the Visaginas nuclear power plant project can be continued once the Lithuanian people have endorsed it.
Standard type apartments' price reduced since the “bubble” era
Current standard apartment prices in Riga are nearly 65% lower than there were during the so-called “real estate bubble” era of 2007.
Hot air balloon show to take place in Riga
May 3 to May 5, Latvia's capital will feature the International Hot Air Balloon show Rīgas vīzijas (Riga's visions). More than 20 teams from 15 countries will be participating.
Chinese website about Latvia visited nine million times
The website created by journalists of China Daily about Latvia last year, has been visited by more than nine million people since then.
April's end was colder than usual in Latvia
The average air temperature of the last ten-day period of April was 0.8° C lower than usual. April 23 and 24 had air temperature fluctuate within 1° to 2° C above the norm. April 27 and 28 – within 3° C below the norm.
Latvian Post Bank earns 440 000 this year
Latvian Post Bank has concluded Q1 of 2013 with a profit of 444 000 LVL. The volume of deposits has reached 51 million LVL, which is 30.2% more than there was in Q1 of 2012.
Hörmann to build regional logistics hub near Vilnius
German Hörmann, a garage and industrial doors company, is to build a logistics centre near Vilnius to serve Lithuania, Latvia and Russia's Kaliningrad region.
PhotoMoody's: non-residents' deposits are growing in Latvia
Moody's Investors Service warns about the growing volume of non-residents' deposits in Latvian banks.
May 21 in pictures
Riga mayoral candidate. Guntis Belēvičs: bull in a china shop?
Survey: popularity of current Ventspils management is below 50%
Economic Diary: Smash Business with Taxes
Latvia's foreign trade export is growing faster than import
Latvenergo's profits drop by 18.5% in 2012
Slow-down in Estonia’s growth expected
Searches carried out at homes and offices of Liepājas metalurgs Board and sharholders
PAA bath manufacturer modernizes production plant and creates Silk Stone material
Paul Krugman declined participation in the First Riga Economic Forum
Friendship between Unity and Prudentia: gigantic losses for state budget
HM: smoking in the presence of a child is considered abuse
Bathing season officially open in Latvia
Latvia's living costs reach record high level
Infographic: How teens' habits threaten the future of Facebook
Petrol price fixing scandal: oil giant bosses to be jailed if found guilty
Bloomberg: The eurozone must be split to save EU
French President: austerity endangers EU
May 16 in pictures
Greek politician slaps woman live on TV
Colombia hosts Miss Pole Dance 2012
VIDEO: Airline fined for in-flight bikini show
VIDEO: The birth of a snowflake
VIDEO: World's most dangerous marketplace
May 20 in pictures
Photos of the week, 2013.05.17.
May 15 in pictures
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