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Ceturtdiena 21.09.2017 | Name days: Matīss, Modris, Mariss

Estonian combined power plant receives LNG boiler unit

The Paide combined power plant in Estonia, which mostly produces energy from burning wood chips, has received a new liquefied natural gas boiler unit for covering demand in peak periods.

BMW unveils design for Mini electric car

German carmaker BMW has revealed the basic exterior design of Mini electric car planned for full-scale production.

Latvian Shipping Company plans to increase base capital to EUR 120 million

Latvian Shipping Company has plans to increase its base capital to EUR 120 million by releasing new shares in a closed emission of shares, according to information from Nasdaq Riga.

Oil prices decline in New York; stock indexes on a rise in USA and in decline in Europe

On Tuesday, 29 August, European stock exchange indexes declined, which was largely caused by North Korea’s missile test launch. Two stock exchange indexes in USA concluded the trade session with growth after an initial dip.

Euro value against dollar at highest point in 18 months

The value of the euro against the U.S. dollar has for the first time since early 2015 reached USD 1.20.

Oil prices and European exchange indexes decline

On Monday, 28 August, US stock exchange indexes had no unified growth or decline tendency, whereas European stock indexes declined, which was dictated by Hurricane Harvey’s influence on US energy infrastructure and. There was also the growth of euro value in relation to US dollar.

Mobile network operator: clients use internet abroad three times more often

After the cancellation of roaming tariffs in the European Union, clients abroad have started using internet three times more, says Tele2 chairman Valdis Vancovics.

Brivais vilnis: grey economy’s presence in fishing industry may be 40%

The total proportion of grey economy in Latvia’s fishing industry may be around 40%, says fish processing company Brivais vilnis chairman Arnolds Babris.

Survey: 43% of internet store users purchase something once a month

Overall, Latvian consumers are satisfied with the purchases they made on internet stores. 65.3% of respondents believe internet stores are safe and reliable. 44.7% of respondents say they have never had any problems when shopping on the internet, according to results of a survey performed by Gudriem.lv.

Oil prices and stock exchange indexes decline in Europe

On Monday, 21 August, oil prices declined. Exchange indexes in USA increased slightly, whereas exchange indexes in Europe declined because of concerns over the policy implemented by the administration of US President Donald Trump.

Producer prices in industry in Latvia grew 0.4% in July

Compared to June, the level of producer prices in Latvian industry rose by 0.4 % in July 2017. The prices of products sold on the domestic market increased by 0.5 %, whereas the prices of exported products grew by 0.3 %.

Reconstruction of Vilnius airport runway concludes; aircraft return to Vilnius

On Thursday, 17 August, Vilnius airport’s runway was festively opened. This was the most massive reconstruction for the airport in the past 20 years. It was a unique project for Lithuania and all of Europe, airport representatives say.