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Wednesday 26.04.2017 | Name days: Rūsiņš, Sandris, Alīna

Latvian Defence Ministry signs agreement on cooperation in cyber security matters

As part of the E-skills week, Latvian Defence Minister Raimonds Bergmanis and President of Latvian Information and Communications Technology Association Signe Balina signed an agreement on cooperation in matters of cyber security.

Elvi and Aibe store networks form joint procurement group

Last week, two local Latvian store networks Elvi and Aibe commenced work on the creation of a joint company that would perform centralized procurements, as BNN was informed by representatives.

Expert: municipalities are incapable of attracting new residents

One way to increase budget revenue for municipalities is attracting new residents. This is a problem in Latvian municipalities, especially in Jurmala. «The city lacks cheap and accessible housing offers. This does not contribute to the attraction of new residents,» says real estate expert Jevgenija Dmitricenko.

E-skills week to address the matter of digital security

Priorities of this year’s E-skills week include digital security and digital skills for employment and entrepreneurship, as well as e-services, comments vice-president of Latvian Information and Communication Technology Association Mara Jakobsone.

Strīķe: whenever contraband was associated with parties, SP put up all kinds of barriers

«I would never join any of the political parties that are currently in power,» said former official of Corruption Prevention and Combating Bureau and mayoral candidate from the New Conservative Party Juta Strīķe.

Penalty for not complying with state language rules – up to EUR 10,000

Amendments have been prepared for Latvia’s Administrative Violations Code. These amendments provide for a major increase of fines for non-compliance with state language regulations, as reported by the National Alliance.

Imants Liegis becomes Latvia’s first ambassador to Algeria

Submitting a copy of credentials to Algeria’s Foreign and International Cooperation Minister Ramtane Lamamra, Imants Liegis became Latvia’s first ambassador to Algeria with a residence in Paris, France, as BNN was informed by Foreign Affairs Ministry’s press-service.

Construction costs in Latvia up 0.8% in February

Compared to January, the level of construction costs in Latvia increased by 0.2 % in February 2017. Labour remuneration of workers rose by 0.8 %, prices of building materials as well as maintenance and operational costs of machinery and equipment grew by 0.1 %.

Providus/Delna notice major risks in approval of KNAB chief’s retirement pension

Saeima’s decision to support amendments to the Law on Retirement Pension of the Chief of Corruption Prevention and Combating Bureau has signs of state take-over, as stated by Providus and Delna in their Saeima work monitoring report for February 2017.

Programme: new TV3 and LNT owner will likely sell channels to someone else

The next owner of TV3 and LNT television channels, American Providence Equity Partners investment company, will likely sell these channels to someone else after some time, as concluded by De Facto programme of LTV.

European Regional Development Fund allocates 15 million euros for start-up ideas in Latvia

For the first time in Latvia, Altum development financial institution has announced a search for acceleration fund managers. These funds will allocate so-called smart money for the realization of different business ideas in their early stages of development. Businessmen will be able to receive up to EUR 250,000 to realize their ideas.

Latvia to experience contrasting weather conditions this week

Major weather contrasts of the weather in Latvia are expected to take place in the last week of March – rainy and chilly weather will be replaced by significantly warmer weather at the end of the week, as reported by the State Environment, Geology and Meteorology Centre.

BNN summary of the week: 5G in Latvia, fight against Lembergs, foreign trade balance deficit

BNN offers a summary of this week’s topical news in a variety of categories: Change; Business; Fight; Decline and Growth.

Saeima to participate in Earth Hour

On Saturday, 25 March, Latvia’s Saeima will take part in the Earth Hour movement. The building’s façade lighting will be switched off for one hour, joining millions of people and organizations around the world in this event.

CC: restoration of trust – way out for cartel participants

This year, Competition Council provided positive conclusion in regards to recovery of trust to two companies previously punished for cartel agreement.

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