AS Ventbunkers terminal has handled more than 377 000 tons of oil products in the first month of 2013. This shows a 39% increase compared to the same month of 2012.
Last year, Latvia's banking sector issued credits worth a total of 1.9 billion LVL. This includes 654.8 million LVL – for the development of Latvian enterprises, 285.8 million LVL – for Latvian financial institutions, 184.4 million LVL – resident households and 818.5 million LVL – for non-resident households.
Danske Bank demonstrated the best client service practice among Latvia, Estonia and Lithuania last year. In total, the average service quality level in the Latvian banking sector is 89.4%, in Lithuania – 87.6%, and 83.2% in Estonia.
Financial revenue from export of one of the largest grain processor in the Baltics, AS Rīgas Dzirnavnieks, increased be 19% last year. Revenue increased most rapidly in Estonia and Lithuania. Export of industrial products was also opened to the Czech Republic.
Compared to 2011, volume of industrial production (at constant prices) in 2012 increased by 6.2%. Of which in manufacturing by 9.3%, in mining and quarrying – by 0.3%, while in electricity and gas supply there was a decrease of 2.8%.
Calendar of economic events in Latvia. February 4 - 8, 2013...
This week, the Transport Ministry plans to propose that the government diverts the 100 million LVL, initially intended to be used for the train procurement project, to other transport initiatives. The decision will be proposed without waiting for the end of the mediation process in Stockholm, where Pasažieru vilciens and the Spanish CAF are currently participating.
“Greece – the cradle of the European civilization – has been stirring a known amount of agitation in society. It was largely due to surface analysis of the matter and skilled manipulation,” - notes Bank of Latvia Economist Alexandra Bambale.
“Euro adoption, as a logical EU integration step, was planned in the agreement of Latvia's joining of the European Union. Unlike the “old” EU member states, Latvia has no so-called “opt-out” or reservations on not implementing a specific policy. The joining agreement provides for Latvia's joining of Eurozone as soon as the country meets all Maastricht criteria,” - notes PM Valdis Dombrovskis.
The winner of this year's Finance Ministry's organized auction for the right to issue education credits with a guarantee from the state is SEB Banka.
The total enterprise expenditure on goods and services of Information and Communication Technologies (ICT) in 2011 comprised LVL 182 million. Of which LVL 49 million or 27% were spent similarly - on purchase of computers and peripheral equipment and communication equipment, and on telecommunication services, including telephone and internet costs.
Last year, Swedbank Latvia earned 71 million LVL, insurance business included. This amount is smaller than that of 2011, when the bank's revenue was 81 million LVL. The number of the credit institution's clients in Latvia has increased by 77 thousand.
Fight for Ventspils transit giant Ventbunkers is no longer a behind-the-scenes battle - it has now been dragged into the public light by Olafs Berkis, a generous donator of the ruling party Unity.