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Tuesday 24.04.2018 | Name days: Nameda, Visvaldis, Ritvaldis

External trade grows 26.4%

The total external trade turnover at current prices formed 10 507.3 million lats last year – 26.4% or 2 195.3 million lats more than in 2009.

Debt for consumed heat rises by 40 million lats

This year, the debt for the consumed heat in Latvia has amounted to 61 million lats, of which 16 million lats large debt has formed in Riga.

Regulator: chaotic attempts instead of energy policy implementation

Latvia does not have an energy policy – there are only spontaneous attempts to achieve something. We do not have a targeted, systematic policy, which is necessary if we want to be competitive in the world and adjust to this area, believes the Public Utilities Commission Acting Chairman Ivars Zariņš.

Milk procurement price spikes 70% in Latvia

Since October 2009, when the milk procurement price started to surge, up to 2011 - it has already spiked 70%. While the climb amounted to 15% last year, Latvian central union of dairy farmers Head Jānis Šolks told the business news portal BNN.

Cheapest commodities bought the most at antique shops

If previously antiquities, paintings and furniture were the most purchased by real estate brokers and others working in this business, now the customers of antique shops are mainly people who have saved up money during the crisis.

Electricity price in Latvia likely to be higher than in UK and France

On Monday, February 14, the Public Utilities Commission is holding a meeting on the submitted new electricity tariff draft by AS Latvenergo. It provides that households with an average monthly consumption over 100 kWh of electricity will have to pay significantly more than in the previous years.

Economist: investments - matter of life and death for Latvia

Investments are of vital importance for Latvia, it is a matter of life and death and it is now the mater of the political policy - how the government plans attracting them, according to SEB banka economist Dainis Gašpuitis.

Expert: workplace safety problem areas - textile processing and polygraphy

Building and wood processing sectors were the most problematic workplace safety areas some years ago, however currently textile processing and polygraphy have replaced them, Inspecta Prevention Board member Linda Matisāne told the business news portal BNN.

Riga spends 3.2 million lats on streets and bridges winter maintenance in January

In January 3.2 million lats were spent from Riga’s street and bridge winter maintenance, and Riga City Council Traffic Department estimates there will be enough funds for this year. The financial resources for streets and bridges maintenance in Riga will be sufficient for the year 2011.

Households to spend less due to tax rise

Tax changes have had an impact on 94% of Latvian households, as 50% of them plan spending less, while 23% will look for options to boost income.

Latvian State Forests - among major contributors in Latvia

Latvian State Forests (Latvijas valsts meži, LST), Latvenergo and Latvian Railway (Latvijas dzelzceļš, LR) rank as the major contributors in Latvia in the past five years.

Blood Donor Center still in «fat years»

The Ministry of Health has just noticed there is still a state institution living in «the fat years» - the Blood Donor Center. The Ministry has initiated negotiations with the management of it, asking for optimization measures in line with the government's requirements.