bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 24.04.2018 | Name days: Nameda, Visvaldis, Ritvaldis
LatviaLatvia

Lursoft: number of newly-founded businesses has increased in 57 Latvian municipalities

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUThe number of newly-founded businesses had increased in 57 Latvian municipalities, remained unchanged in four, and reduced in 58 municipalities in 2017, according to data compiled by Lursoft.

67.57% of all newly-founded businesses were registered in Latvia’s largest cities.

Numerically the largest increase was noted in Liepaja, where 303 new businesses were registered in 2017. This means 39 more new businesses when compared with 2016. Jekabpils experienced an increase by 22 new businesses (57 in 2016, 79 in 2017). Madona saw an increase by 16 new businesses (67 in 2016 and 83 in 2017).

Lursoft data shows that a total of 6,899 new businesses were founded in Latvia’s largest cities. This accounts for 67.57% of all new businesses registered in Latvia last year. Compared with a year before, the number of newly-registered businesses in Latvia’s largest cities has declined 10.95%. Still, not all cities experienced a negative trend, because in Liepaja, for example, the number of newly-registered businesses had increased by 39 in 2017 in comparison with 2016. Increase in Jekabpils was 22, in Jelgava it was 5, in Rezekne it was 4 and in Daugavpils it was 3.

Looking at the number of newly-registered businesses in comparison with the number of liquidated ones, it can be concluded that the number of new businesses has increased only in two cities, because nearly all Latvian cities had experienced more liquidations than registrations of new businesses. Jelgava was one exception. The number of newly-registered businesses there was 10 more than liquidated businesses, as reported by Lursoft communications manager Indra Urtāne.

Lursoft calculated that 12,041 businesses or 73.07% of all businesses liquidated in Latvia were based in large cities. 60.31% of businesses liquidated in Latvia were based in Riga. It should be added that the number of liquidated businesses grew the most rapidly in Riga – by 53.72%.  The second most considerable increase in the number of liquidated businesses was registered in Jekabpils (+38.46%).

Ventpils and Valmiera should be mentioned separately, because opposite to the general situation, the number of liquidated businesses had declined last year when compared with 2016. Ventspils experienced 13 fewer liquidations of businesses and Valmiera – 2 fewer liquidations.

Certain counties ahead of large cities

Data shows that new businesses had emerged in all Latvian counties in 2017. The number of newly-registered businesses tends to decrease the further away from the capital and large cities.

Lursoft has calculated that less than ten new businesses were registered in 35 counties in 2017. The smallest number of newly-registered businesses was noted in Baltinava County (two new businesses). ‘It should be said that Pieriga took the lead from even some of the largest cities in Latvia last year: Marupe (190), Ogre (142), Kekava (140), Olaine (101) and Sigulda (100) all experienced more newly-registered businesses than Rezekne, Valmiera and Ventspils,’ comments Lursoft representative.

Looking at the relationship between newly-registered and liquidated companies, Lursoft representative notes that a positive trend was noted only in 20 municipalities last year. The number of newly-registered companies there exceeded the number of liquidated ones. Marupe is especially noteworthy in this regard, because the number of newly-registered businesses there exceeds the number of liquidated ones by 61, followed by Babite (28 more) and Adazi (17 more). Other counties situated farther away from Riga are also worth mentioning, including Akniste (+1), Lubana (+3) and Aizpute (+8).

Urtāne mentions that the number of liquidated businesses was equal to the number of newly-registered ones in five municipalities. This situation was present in Carnikava, Jelgava, Koknese, Mazsalaca and Baldone.

Larger population does not guarantee larger number of businesses

«Although it is often said that a larger population guarantees businesses, this belief is easily proven wrong if we look at statistics,» says Lursoft representative.

This is demonstrated by Durbe’s example. 146.81 businesses per 1,000 residents were registered there in 2017. This means 435 active companies were registered per 2,963 residents in Durbe last year. In Daugavpils, on the other hand, only 44.26 businesses were registered per 1,000 residents (4,169 active businesses per 94,196 residents).

Municipalities in which the number of companies per 1,000 residents was the largest include:

-Riga: 151.38 businesses per 1,000 residents;

-Durbe: 146.81 businesses per 1,000 residents;

-Marupe: 144.48 businesses per 1,000 residents;

-Rauna: 140.48 businesses per 1,000 residents;

-Garkalne: 135.21 businesses per 1,000 residents.

In all of Latvia’s municipalities, the number of active businesses in 22 of them had exceeded 100 per 1,000 residents in 2017. The number of newly-registered businesses in nine of them had exceeded the number of liquidated businesses. This could point to a positive trend for the future and ensure positive growth.

Lursoft has calculated that the smallest number of active businesses per capita in Latvian municipalities was registered in certain regions of Latgale: Zilupe (33.73 businesses per 1,000 residents), Vilani (33.73 businesses per 1,000 residents) and Aglona (39.79 businesses per 1,000 residents).

Values differ drastically in Latvia’s largest cities. Data compiled by Lursoft shows that the number of active businesses per 1,000 residents exceeded 100 in Riga (151.38 per 1,000 residents). In other cities, the number was 66.18 businesses on average.

Active businesses court per 1,000 residents in Latvian cities:

-Daugavpils (44.26)

-Jelgava (72.14)

-Jekabpils (59.71)

-Jurmala (79.81)

-Liepaja (71.43)

-Rezekne (55.65)

-Riga (151.38)

-Valmiera (81.44)

-Ventspils (64.88)

Ref: 225.109.109.4204


Leave a reply

Ušakovs invites colleagues from Russia to attend centenary festivities in Riga

Mayor of Riga Nils Ušakovs has invited mayors from 56 cities to attend festivities organized for Latvia’s centenary. This includes mayors of Moscow and St. Petersburg, as confirmed by Ušakovs’ press-secretary Laila Ivāna.

Estonian President sees no return from e-governance

Estonian President Kersti Kaljulaid has discussed with Christine Lagarde, the Managing Director of the International Monetary Fund, the Baltic country's experience in providing public e-services to the population.

Norway interested in developing cooperation with Latvia in tourism industry

«Latvia welcomes successful regional and economic cooperation with Norway. Our countries have common values and goals – developing Baltic and Nordic countries as a wealthy and secure European region,» said Latvia’s Economy Minister Arvils Ašeradens during his meeting with Norwegian State Secretary for Trade, Industry and Fisheries Roy Angelvik.

Finland not to continue its basic income scheme

The basic income scheme in Finland that has been tested in the Nordic country since 2017, will not be continued as the Finnish government has decided to look into other schemes for reforming the Finnish social security system

MEP: New Unity may be in the government with other parties that have similar goals

After Saeima elections, New Unity will cooperate with parties prepared to work with the association to accomplish specific goals, says leader of New Unity and member of the European Parliament Krišjānis Kariņš.

Canada experiences tragic attack on pedestrians in Toronto

In the Canadian city of Toronto, a driver has been driving onto pedestrians taking the lives of 10 people and injuring 15 more.

Latvian residents spend an average of EUR 81 on cosmetics every year

Latvian residents spend an average of EUR 81 on cosmetics every year, which is one of the lowest indexes in Europe. Compared to other Baltic States, Latvian residents spend less money on cosmetics, according to data compiled by Latvian Cosmetic Manufacturers Association.

Armenian Prime Minister Sargsyan resigns unexpectedly

The Prime Minister of Armenia, Serzh Sargsyan, has unexpectedly stepped down from office after ten days of protests in the Armenian capital Yerevan.

Baltic Express: Europe has already invented the bicycle; we just have to adopt it

13 March marked a historic event for Ventspils railway hub – for the first time in the history of Latvia’s railway a private cargo carrier – Baltic Express – delivered wagons to Ventspils 1st station and private infrastructure’s railway terminal. Why is this event so important and what is the future for Latvia’s cargo railway system? – Baltic Express chairman Māris Bremze told ventspilnieks.lv.

Reduction of employees in state administration went the smoothest in finance sector

Measures to reduce the number of employees in state administration last year went the smoothest for the State Revenue Service and the entire finance sector, said Latvia’s State Chancellery’s Director Jānis Citskovskis.

Alleged Paris terrorist Abdeslam convicted of attempted murder

The lone Paris attacks' suspect Salah Abdeslam has been found guilty of attempted terrorist murder of police, when taking part in a shootout with police in the Belgian capital Brussels in March 2016.

Rail Baltica’s infrastructure management model to be studied by British company

On 8 November 2017, RB RAIL joint Baltic company announced the winner in the tender for the study of Rail Balica’s infrastructure management model. The winner was British design, engineering and project management consulting company: Atkins and SNC-Lavalin Group.

Harmony and UGF have their sponsors, whereas Sudraba’s party relies on donations

Since the beginning of the week, Latvia’s political parties have received more than half a million euros in donations and membership fees. According to the database of the Corruption Prevention and Combating Bureau, pockets fill up the fastest for political parties in power in the country and Riga.

Chemical weapons investigators have taken samples in Doma, Syria

In Syria, the scene, where according to the UK, U.S. and France, an attack with chemical weapons was conducted earlier in April, has after delays been visited by inspectors from the Organisation for the Prohibition of Chemical Weapons, who have managed to collect samples.

Estonia and Finland to share patient data over innovative «secure» data highway

The Estonian-developed international data exchange technology X-road, said to be hacker-proof is to be the basis for a new Estonia-Finland system of linked doctor prescription registers that would make prescriptions issued in one country available in pharmacies in the other.

Prime minister: Linužs’ dealings with offshore business warrants an investigation

Latvia’s Transport Minister Uldis Augulis refused to comment on information reported by De Facto programme one week ago – that Rail Baltica organized Andris Linužs had signed a deal with an offshore company based in Seychelles and used by influential businessmen from St. Petersburg. Prime Minister Māris Kučinskis, on the other hand, told the programme that «deals associated with state security had been recorded in the past and represent a matter that warrants an investigation».

Afghanistan hit by tragic terror attack

In Kabul, Afghanistan, a suicide bomber has killed not less than 57 people and injured 119 more as the attack with explosives targeted a queue of people outside a voter registration centre, Afghan officials have stated.

Armenia mass protests continue as opposition leader Pashinyan detained

In Armenia, mass protests against ex-President Serzh Sargsyan being elected as Prime Minister, have continued over the weekend marking over a week of protests in the capital Yerevan.

Weather in Latvia to be cold; air temperature to rise at week’s end

This week will be slightly colder for Latvia. Rain is expected in almost all regions every day. It will start getting warmer on Saturday and Sunday, when daytime air temperature is expected to rise again, as reported by State Environment, Geology and Meteorology Centre.

Week in Lithuania. Economists, trade unions cautious about tax, pension reform plans

Lithuanian economists and trade union officials say that the government's planned tax and pension system reform unveiled on Monday, April 23, will lead to a rise in wages, but will not help drastically curb emigration.

BNN summary of the week: prime minister without solutions; birth rates down; organic food rules

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

Economy Ministry: producer prices will affect dynamics of raw material prices

Producer prices in industry will grow in 2018 similarly as they had in 2017. Producer price level is largely affected by fluctuations of raw material prices in the world, as noted by Latvia’s Economy Ministry.

PUC: Gaso’s separation from Latvijas Gāze was legal

After examining documents submitted by the transmission system’s operator, the Public Utilities Commission concluded that activities performed by AS Gaso as part of reorganization of Latvijas Gāze were sufficient to ensure compliance with requirements for independence, as reported by PUC representatives.

Industrial producer prices in Latvia up 3.5%

Compared to February, level of producer prices in the Latvian industry rose by 0.2 % in March 2018. Prices of products sold on the domestic market grew by 0.1 %, but prices of exported products went up by 0.4 %.

Municipality: after meeting in summer, British Steel refused to buy KVV Liepājas metalurgs

After the meeting that took place at the end of August 2017, British Steel, which had previously voiced an interest in KVV Liepājas metalurgs, refused to purchase the bankrupt company, says Liepaja City Council chairman’s advisor for public relations matters Andrejs Rjabcevs.