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Monday 24.07.2017 | Name days: Krista, Kristiāna, Kristiāns, Kristīne

Municipalities ask to compensate 3.4 million lats losses due to snow

Snow has propelled local municipalities of Latvia suffer losses of 3 401 984 lats, according to the Ministry of Environmental Protection and Regional Development preliminary data after collecting information from 89 municipalities.

Cigarette smuggling kills Latvian economy

Along with the economic situation deterioration, the number of smuggling cases has surged considerably. However, despite this, the responsible authorities manage to discover these crimes more efficiently, stresses the State Revenue Service Customs Criminal Administration director Marians Burijs.

Taxi cabs to charge more

New regulations designed by the Ministry of Transport come into force on February 1. They provide a taxi ride is charged according to two positions: distance traveled and time spent, which means passengers will be charged about a lat more for an approximately ten minutes long ride.

Government secretly dismisses Parex management

The current AS Parex banka management Board and Council members will not be held responsible neither for their activities since the split of the bank, nor in future, the Cabinet of Ministers run by the Prime Minister Valdis Dombrovskis decided in a closed government session.

Latvian ports operated with different progress in 2010

Overall in 2010, the Latvian ports handled less cargo than in 2009; however, each of the major ports showed different progress.

Experts: wages to grow slowly this year

In 2011, the salary increase will be very slow, and mainly affect qualified professionals and managers, because of their shortage in the labour market, the career portal WorkingDay marketing director Māris Silinieks told the business news portal BNN.

Economists: efficient reforms to foster growth in 2011

The rapid economic recovery and labour market stabilization in 2010 allows forecasting better growth also in 2011. However, it neither means «homework» has been done.

One-third more registered new cars in 2010

One-third more new cars were registered in 2010, compared to 2009, the business news portal BNN was informed by the Latvian Authorized Car Dealers’ Association (LACDA) President Andris Kulbergs.

Doubling numbers of Estonians forced to sell their homes

Last year circumstances forced 2.5 times more Estonians sell their homes, compared to 2009, however the number of people having lost their housing might be even bigger, according to the Estonian Land Register data.

Carlsberg: Latvia’s business environment becoming more investment-friendly

Latvia’s export growth, as well as the government’s economic policy has made the local business environment safer and more attractive in the eyes of foreign investors, the Danish company Carlsberg Senior Vice President for the Northern Europe region Jørn Tolstrup Rohde says.

Northern Corridor study takes 3.5 million lats

Up till now, 23 studies have been conducted on Riga Northern Corridor, spending 3.5 million lats from Riga City Council funds, excluding 50% of the European Union co-financing.

Amigo: our commercials give precise data

The data used in Amigo advertisements are correct. We have only made Bite Latvija published indicators more publicly available; therefore, we encourage competitors to change their current aggressive reaction.

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