bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Ceturtdiena 23.03.2017 | Name days: Mirdza, Žanete, Žanna
LatviaLatvia

LCCI: multiple companies have experienced unfair competition in recent years

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULatvian Chamber for Commerce and Industry has released a call, urging state institutions, the media and society to be more critical towards the campaign launched by Animal Freedom organization against Balticovo. This campaign creates the impression that the egg producer keeps hens in horrible conditions.

Multiple direct competitors of Balticovo have plans to develop their business in the region. With that, any campaign aimed at discrediting the company can directly affect its business, LCCI notes.

Lately, multiple companies working in Latvia have experienced signs of unfair competition. Because of that, they have come under fire from the media and society. On top of that, countess inspections hinder their day-to-day activities. «We have experienced massive consumption declines not just in Latvia but in all Baltic States. This is because many have left and other cannot afford to buy everything they want. This is why some companies tend to employ unfair methods when entering new markets. What I means is instead of offering better prices or whatnot, they try to discredit their competitors and force them out to take their place,» – said LCCI Chairman Janis Endzins.

He also said that often unprotected groups (like animals) are chosen as the focus for campaigns against competitors. This allows dishonest businessmen to use different organization to achieve their own means. LCCI has discussed the situation with Balticovo management. It has come to their attention that there are multiple representatives of the same industry as Balticovo that wish to develop business in the region. This is why it has been decided to contact Estonia’s Chamber for Commerce and Industry in order to establish constructive cooperation and introduction of fair competition in the region.

Ref: 102.109.109.8811


Leave a reply

Officials support Finance Ministry’s proposals for medium-term tax strategy

At the 22 March meeting of the National Economy Council, members of the parliament decided to conceptually support Finance Ministry’s proposals for medium-term tax strategy.

Ameriks received nearly 200,000 euros from fast loan companies in interest pay

Vice-Mayor of Riga Andris Ameriks received income of nearly 200,000 euros in interest pay from fast loan companies 4finance and Mogo last year, according to the declaration for 2016 submitted to the State Revenue Service.

Estonia to reduce availability of plastic bags in shops

Having passed amendments to the Estonian «Packaging Law», the Riigikogu has adopted a plan to reduce the use of plastic bags in the Baltic country over the coming years.

Latvian businesses in Japan to be provided with stable tax payment regime

Latvia businesses working in Japan will be provided with a stable tax payment regime that will not be influenced by amendments to Japan’s tax regulations, as stated in Saeima’s report.

Multiple parties to gather in a single candidate list to compete with Lembergs

Latvian Association of Regions, National Alliance, For Latvia’s Development and Unity will start at municipal elections in Ventspils under a single candidate list, said the leader of this unified list Girts Valdis Kristovskis in an interview to Latvijas Avīze.

Reirs: ministry’s offered tax reform will change nothing for most pensioners

Finance Ministry’s offered tax reform will add only slight changes. Most pensioners will not feel any changes from this reform – neither good, nor bad, said Welfare Minister Janis Reirs in an interview to Rīta panorama.

Canadian ambassador: Latvia and Canada are closer than ever before thanks to CETA

«All Latvian exporting companies – those that already export goods to Canada and those that consider doing that – will benefit from the Comprehensive Economic and Trade Agreement,» says Foreign Affairs Ministry’s parliamentary secretary Zanda Kalnina-Lukasevica.

Expert: cargo transports through Iran offer a major step for international logistics market

Over the course of nine months, since Latvian logistics company Pro Logistic Services opened an office in Iran, the volume of cargoes and the number of serviced clients has grown by 15%.

Eastern Hospital’s Gynaecology Clinic to be provided with 500,000 euros to reduce queues

Riga Eastern Clinical University Hospital’s Gynaecology Clinic will be provided with funding of EUR 513,622 from the state budget to help reduce queues.

In pictures: Victims of Brussels’ terror attacks remembered in first anniversary

Remembering those killed and injured in last year’s terror attacks, remembrance events are held on Wednesday, March 22, in the Belgian capital.

Fourteen asylum seekers relocated from Greece to Latvia

As part of the European asylum-seeker resettlement programme, fourteen people in need of international protection were relocated from Greece to Latvia, as confirmed by a representative of Office of Citizenship and Migration Affairs.

Fiat Chrysler investigated over alleged breaking of emissions tests

French investigators have opened a probe into possible emissions tests breaking by the Italian-American car builder Fiat Chrysler Automobiles in relation to its diesel cars.

National Alliance does not support increased ticket prices in Riga shuttle buses

On Tuesday, 21 March, Riga City Council’s faction of the National Alliance voted against Transport Department’s proposal to set one ticket price for Rīgas mikroautobusu satiksme shuttle bus services – EUR 1.15.

Visitors will be allowed to take photos of documents stored in National Archive

To simplify the use of documents stored in Latvia’s National Archive, visitors will be allowed to take photos of documents for research and personal purposes, announces Culture Ministry.

Rimi Baltic commences construction of a major logistics centre in Riga

Rimi Baltic has commenced construction of a retail trade industry project in Riga. This project will attract investments of EUR 75 million and make Latvia a Baltic logistical hub, as BNN was informed by the project’s representatives.

EC motivates cities to switch to «smart» street lighting

Town and city governments in the European Union spent a total of around 7.6 billion euros on public street lighting in 2015, but the expenditure could be reduced by even 70% if local governments are willing to invest considerably in new lighting.

CC: largest amounts of Latvian milk are exported to Lithuania and Poland

After assessing the situation on the market after last year’s publicly voiced announcements regarding the possible price rise on dairy products, Latvia’s Competition Council has concluded – the price rise noted in the second half of 2016 was only temporary and is not expected to continue.

LMT installs the first mobile 5G connection station in Latvia

Latvijas Mobilais Telefons has installed the first 5G technologies compatible mobile communications station in Latvia, as confirmed by the company.

Kerry: Latvia has multiple advantages when compared with other countries

Latvia is an attractive place for investments. It has a great potential for foreign investments, comments U.S. Secretary of State John Kerry, who arrived in Riga this week to learn more about the situation in Latvia and consider investment options.

Prosecutors: information was leaked to the accused in Oligarchs case

The criminal process in the so-called Oligarchs case was launched by the Corruption Prevention and Combating Bureau with good reason, but it was ended abruptly because of lack of evidence. On top of that, information was leaked to the accused, as Diena was told by the prosecution’s representatives.

Modernising EU VAT – priority of Estonian EU Council presidency

Estonian Minister of Finance Sven Sester has stated that a priority of this year’s upcoming Estonian presidency at the Council of the European Union will be changing of the bloc’s value-added tax.

Latvian authorities help intercept major marijuana shipment in Mediterranean region

During a joint operation by Latvian and other EU navy and air forces, three high-speed crafts attempting to transport nearly three tonnes of marijuana were caught in the Mediterranean region.

Tuberculosis infection rates in Latvia remain some of the highest in EU

Tuberculosis infection rates in Latvia continue to decline. Nevertheless, specialists say that Latvia’s indexes remain some of the highest in the European Union, as reported by Centre for Disease Prevention and Control.

Cigane: Latvia is co-responsible for Eurozone’s economy; reforms are needed

«Latvia, as a Eurozone member state, is co-responsible for the economic situation in the European Union. We cannot afford to sleep on the laurels of rapid growth started in post-crisis years. Latvia has to be responsible in the realization of recommendations provided by the European Commission,» says chairperson of Saeima’s European Affairs Committee Lolita Cigane.

French presidential candidates defend opposing views in TV debate

With the April French presidential election nearing, two leading candidates of the post have positioned themselves in a televised debate.