Compared to August, the level of producer prices in Latvian industry increased by 0.3% in September 2016.
Facbook has expressed apologies for the removal of a breast cancer informative video shared on the social network by a Swedish foundation.
Russian Railways has applied a 25% discount on petrol, diesel fuel and crude cargo transports from oil processing plants in Belarus to Russia’s north-west ports. With that, Russia has basically provided Belarus with tariffs equal to tariffs in Baltics.
Although Lithuanian labour market is in desperate for workforce, but those willing to toil will nod to a job offer only if the pay is really big. So big that the country‘s hirers feel like grabbing their heads upon hearing the candidates‘ salary expectations.
With many retailers in Estonia struggling to find workers for modestly-paid jobs, Lithuanian retail giant Maxima is attracting Estonians for afar and even Latvians to fill the vacant places.
Russian Railways plans to consider the possibility to apply 25% discount for petrol, diesel fuel and crude transit from oil processing plants in Belarus to Russia’s north-west ports. This would provide tariffs equal to those applied for Baltic ports, as reported by Kommersant.
Legal protection process is a voluntary choice of the debtor if they experience financial difficulties but wish to continue economic activities. Two consecutive crises of 2008 and 2014 caused a sharp decline in the market and resulted in a deficit of turnover funds, notes Dzintars cosmetics manufacturer board member Dagnija Maike.
Belgian Minister of Foreign Affairs Didier Reynders has stated on October 18 that European Union member states could reach an agreement on the EU-Canada trade deal in case the objections of the Belgian region of Wallonia can be met.
Riga City Zemgale District Court has launched a legal protection process in relation to Latvia cosmetics manufacturer Dzintars, according to information stated in the Insolvency Register.
In the first nine months of 2016, Latvian ports transshipped 45,924 million tons of cargoes, which is 12.9% less when compared with the same period of 2015, according to information compiled by Transport Ministry.
Russia could completely refuse using cargo transit services offered by Baltic States, Russian ambassador in Vilnius Aleksandr Udaltsov told RIA Novosti.
In accordance with the ruling of the Supreme Court, which approved the decision made by the Competition Council in relation to the breach of regulations and damage caused to its clients, Latvijas Gāze has transferred the payment of the fine worth EUR 2.2 million applied to the company.
Latvia’s transit industry is in need of new destinations – New Silk Road, Asia, China, Belarus, Germany, Western Europe and Scandinavia. The organization of the country’s transit sector have to change radically, as well as find new approaches, believes economist Uldis Osis.
Swedish telecommunications company Telia has on October 17 announced plans to introduce fifth generation mobile data network in Tallinn and Stockholm in 2018.
A number of passenger flight carriers in Europe, Asia and Australia have banned passengers from taking Samsung Galaxy Note 7 onto planes after such ban was introduced in the U.S. following reports of this smartphone model catching fire.
On Friday, 14 October, the parliament of Belgium’s Walloon region voted in favour of blocking the EU-Canada Comprehensive Economic and Trade Agreement.
We [Latvia] are interesting to China not just because of our geographical location, but also because of the possibilities for bilateral cooperation for China’s ‘One Belt, One Road’ initiative. One such format is 16+1, said Transport Ministry’s industry attaché Helmut Kohl.