Latvia’s start-up sector has attracted investments worth at least EUR 110 million, notes Chairperson of Latvian Start-up Association Yekaterina Novicka.
For the second consecutive year, Ventspils nafta terminals has received a prize in the Cyclist-friendly contest organized by the Environmental Protection and Regional Development Ministry and the European Commission.
The European Commission has stated that there will be no new talks on the disputed EU-Canada free trade deal CETA, even though many Europeans are against it.
Latvian Transport Minister Uldis Augulis and Administrator of Civil Aviation Agency of China Feng Zhenglin signed a cooperation memorandum on Friday, 23 September. This cooperation memorandum is meant to assist with the development of the aviation industry.
According to the latest data published on Friday, 23 September, by the European Commission, EU customs authorities confiscated five million euros worth of more counterfeit products in 2015 than they did the year before.
Tukuma Straume, manufacturer of Dogo dog food, has submitted documents to Riga City Vidzeme District Court to launch legal action against 17 private and legal persons for spreading untrue, partial and distorted information about the aforementioned product.
African swine fever has been recorded in Gulbene municipality’s Ranka parish. Because of it, authorities had to put down 119 domestic pigs.
Only half of more than 60,000 companies in Latvia have a stable financial situation. 26% of small and medium-sized companies are currently struggling financially. In the next twelve months, they are expected to experience major financial difficulties, according to data from the Credit Information Bureau.
Popular video sharing site YouTube has this week announced a scheme to offer rewards to users reporting on videos and comments, which they think are inappropriate to YouTube content guidelines.
Estonian energy company Eesti Energia (Enefit) has this week spoken of plans to build another oil shale refinery plant in case the price of crude oil surpasses USD 60 (EUR 53) per barrel.
While Ventspils City Council and Ventspils Freeport Authority publicly express their common requirement for VNT to build and operate a vapour recovery unit, Ventspils Freeport Authority has been failing to issue technical regulations for construction of the VRU for nine months.
The volume of direct foreign investments in Latvia has declined rapidly in the first half of 2016, as the Saeima was informed by Economy Ministry and Investment and Development Agency of Latvia on Wednesday, 21 September.
Compared to July, the level of producer prices in Latvian industry increased by 0.6% in August 2016.The level of prices of products sold on the domestic market increased by 0.9%, whereas the prices of exported products rose by 0.2%.