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Saturday 25.11.2017 | Name days: Kadrija, Kate, Katrīna, Trīne

Needy families benefit can reach 500 lats a month

If there are two pre-school children in a family but both of the parents are unemployed, theoretically and practically the municipality can grant them 500 lats a month.

Estonia declares itself electric cars giant

In the engineering industries exhibition in Hannover, Estonia positions itself as electric cars development center, according to their display stand. 500 Mitsubishi iMiEV’s electric cars have already been purchased in Estonia

Riga Free Port processed cargo volume grows 7.5%

In the first quarter of 2011, Riga Free Port companies processed almost 7.7 million tonnes of cargo, exceeding the previous year's indicators by 7.5%. The growth in the liquid cargo segment comprises 22.5%, in bulk cargo – 1.3%, while general cargos reported an increase of 8.4%.

Riga City Council concludes first quarter with 3.53 million lats in surplus

In the first quarter of 2011, Riga City Council’s budget posted a surplus of 3.53 million lats, according to the Council’s report.

Latvia loses both pupils and teachers

Traditionally pupils and students in Latvia make up a considerable proportion, amounting to 86.7% in 2010/2011 academic year. Yet the proportion of those involved in education is shrinking.

Swedbank to appeal against terminating proceedings with Daugava

AS Swedbank plans to appeal against Zemgale District Court's decision on stopping the court proceedings on the bank’s claim against the milk processing company DK Daugava.

Severe cuts in intercity passenger transportation funds

To save ten million lats from local and intercity passenger transportation subsidies, it is planned to revise and optimize routes. We do not rule out the cuts might comprise up to 50%, however, a specific figure will be known on June 1.

airBaltic passenger turnover drops 2%

In March 2011, the Latvian airline airBaltic carried 233 033 passengers from Riga, Vilnius and Tallinn, which is by 2% less than during the same period last year.

Growing number of tourists in Estonia

In February 2011, 143 000 foreign and local tourists stayed at Estonian hotels and accommodation places, 15% more than a year before. Estonians themselves made up 44% of these tourists.

Swedish Interspiro to base production in Liepaja

It is planned to merge three Interspiro production facilities into a single factory based in Latvia. The production transfer from Sweden and the United States to Liepaja is likely to take place by the end of November 2011.

Latvians go for vodka less

Vodka sales dropped 13% last year in Latvia, slowed down by changes in consumers' habits, excise rise and illegal alcohol trade. They have already been declining for a couple of years, even though vodka is still an absolute market leader.

Competence centres to develop new products for 37.37 million lats

With the European Union's support, six competence centres will start operating in Latvia, conducting more than 120 significant studies of the national economy in five years’ time. The total funding of the project hits 37.37 million lats to be invested by 2015.

Latvian new car market lags behind despite surging 163%

The number of vehicles registered has risen significantly over the first three months of 2011. Moreover, compared to last January – March, it has spiked 163%, according to the Latvian Authorized Automobile Dealers’ Association.

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