Although due to speculative feed grain prices the situation in the sector is complex, Latvia’s population have returned to the tradition to cook at home, boosting the eggs sales. For example, last year 500 million eggs were produced, Balticovo head Arnis Veinbergs points out.
Despite unclear tax policy, raw material and energy resources price gains burden the construction sector, building materials manufacturer SIA Knauf forecasts up to 10% turnover and profit climb, Jānis Kraulis, SIA Knauf Board member, told the business news portal BNN.
In times of crisis people mostly try not to spend more than two lats on dinner, thus fast food restaurants and special offers are especially demanded at the moment, Kebabs par latu (Kebab for a lat) owner Mārtiņš Šmits told the business news portal BNN.
Itera Latvija head Juris Savickis statement on their own hockey hall construction for the needs of Riga Dinamo is a mere PR move to reduce Arena Riga possible price, in case it is bought from the current owner AS Rietumu banka.