Beer producer SIA Valmiermuižas alus has introduced certain changes in its ownership structure, according to SIA Lursoft.
The Competition Council has found restrictive agreement between RIMI Group companies – SIA RIMI Latvia, SIA Supernetto and SIA Plesko Real Estate – and the commercial space lessor SIA Marno J, the CC informed the business news portal BNN.
The telecommunications equipment manufacturer AS SAF Tehnika has concluded an agreement with the Saudi Arabian company Najahat Development&Investment on setting up a joint venture SAF Tehnika Middle East.
Although spring sowing time has already started, work is hindered by equipment weight restrictions and lack of seeds, the owner of farm Joži Gunvaldis Sproģis indicates.
Since the Easter is celebrated by the majority of people, the Latvian supermarkets predict a surge in the overall sales volume during these holidays. Traditionally, the increase is observed in different food groups – mostly for eggs.
In relation to the export development plans and assortment extension, SIA Stendera ziepju fabrika name has been changed to SIA Stenders.
Latvian brewery Aldaris concluded 2010 with 1.11 million lats profit, 320 thousand lats less than a year before, despite the company's turnover grew 4.82 million lats, hitting 32.2 million lats.
Due to the objections of the international lenders, Parex Bank will have to seek for other ways to settle its 164 million lats syndicated loan.
Last year 100 leading Latvian companies exported production totalling two billion lats, which is nearly a half of Latvia's total export in 2010, according to balticexport.com study of the Central Statistical Bureau and firmas.lv data.
In order to produce sugar, the Russian national vodka Samogon manufacturer has set up a company Jelgavas cukurs.
A peculiar situation has occurred regarding the much discussed deal between the telecommunications and cable TV operators Izzi and Baltkom. Negotiations between the two companies have not halted, however, now they both have to agree on who acquires whom.