bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Monday 11.12.2017 | Name days: Valdis, Voldemārs, Valdemārs
LatviaLatvia

Matiss: it would be unwise to use Prudentia’s investor for airBaltic

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUDues to matters of national security, it would be unwise to use the services of the investor found for airBaltic by Prudentia, notes Latvian Transport Minister Anrijs Matiss.

In his interview to Rīta Panorāma programme, Matiss said there are certain risks present in relation to this investor. Matiss said his personal opinion is that this investor’s services should be declined. He did not comment this matter in detail.

He added that ten Canadian Bombardier CSeries 300 aircraft can be procured for airBaltic by borrowing funds.

During next week’s government meeting, officials may discuss airBaltic’s investor problem. Evaluation of the investor found by Prudentia continues. The search for an appropriate investor continues on the government level.

Transport Ministry is also busy evaluating the work done by Martin Gauss.

At the end of September, the government refused services of Prudentia, which had found a financial investor of airBaltic. This investor is prepared to invest EUR 50 million in the airline. The state would have to invest EUR 80 million as well.

On 20 December 2012, airBaltic signed a contract with Bombardier regarding the procurement of ten CSeries 300 aircraft. In July 2014, airBaltic announced the procurement of three more aircraft.

Ref: 102.109.109.7393


Leave a reply

  1. Ilmars says:

    How many times do Latvian governments have to be ripped off by russian “investors” ( ie the russian mafia ) before they wake up.
    Air Baltic is a bankrupt, badly managed airline that could not be given away.
    Why is the government wasting 700,000 euro paying Prudentia to find buyers when all they can find are russian crooks ? Why is the CEO being payed the exhorbitant salary of 1,000,000 euros annually ? Why is this bankrupt airline buying more aircraft ? Why is AB flying half empty planes to places that noone has heard of ?
    The obvious conclusion of the government management of AB, is that Latvia is run by idiots.

    Thumb up 0 Thumb down 0

Week in Lithuania. Vilnius mayor apologises for poor performance of road services

Vilnius Mayor Remigijus Šimašius has admitted that the road services of the Lithuanian capital city were not efficient enough in their response to the weather conditions, apologising to Vilnius residents for the inconveniences they encountered due to traffic interruptions.

BNN summary of the week: kebab industry’s fears, insiders in anti-corruption bureau, and Latvia’s crumbling roads

BNN offers a summary of this week’s topical news in a variety of categories: Fight; Fear; Opinion; Confusion; Truth.

Farmers Saeima: if Latvia does not ease rules for guest workers, there won’t be any workers

During a meeting of the Food Industry Council, the biggest discussions were raised about the matter regarding the lack of labour force in agriculture and food processing companies. On top of that, farmers are confused over Economy Ministry’s proposed solution, saying that it is too far from reality.

Ex-deputy chief of anti-corruption bureau: I have no doubt the prime minister and president dance to Lembergs’ tune

«For ten year now Aivars Lembergs has been under the ban to perform duties as chairman of Ventspils City Council. And for the same period of time Lembergs and state officials have been ignoring this ban. Environment Protection and Regional Development Minister Kaspars Gerhards, who is responsible for supervising municipalities and is very well-informed of the truce power centre, which, unfortunately, is not Latvian citizens as it is stated in the country’s Constitution, goes to visit Lembergs, not Ventspils. He does that to demonstrate his fealty to the ruler as he would if we lived in the Middle Ages,» says politician from New Conservative Party, councillor of Riga city Council and former deputy chief of Corruption Prevention and Combating Bureau Juta Strīķe.

Average consumer price level up 2.7% in Latvia

During 2017, the average level of consumer prices rose by 2.7 % when compared with last year. Prices of goods grew by 2.7 % and prices of services by 2.9 %.

Updated: MEPs move against allowing phosphates in kebab meat said to endanger massive industry

As the European Parliament plans to vote on vetoing European Commission's proposal to allow phosphates, used to keep seasoned kebab meat moist and aromatic, the industry considers it a threat event to the existence of meat in the popular fast food.

Prime Minister: new step is made to stimulate Latvian-Japanese cooperation

A new step has been made towards stimulating cooperation between Latvia and Japan in political and economic field. Latvia is not large enough for our businesses to focus solely on the domestic market. Our country has a rapidly-growing economy with a free market ready to make major steps towards transnational cooperation, said Prime Minister of Latvia Māris Kučinskis during his visit in Tokyo.

Theatre critic: there is historic importance in people’s trust of television

«Pop-culture’s influence over society should be viewed from two different perspectives. First of all, it is important to consider how society affects popular culture – what we see or hear at least partially reflects the modern society. Secondly, if created products turn out very influential, they inspire people and shift their thought processes or behaviour one way or another. This is because new and exciting products that have never existed until now, products that are considered marginal,» said theatre critic and Assistant Professor of Social Sciences Faculty of the University of Latvia Zane Radzobe.

MEP: Soviet Union’s activities in occupied countries are not discussed openly

Even to this day Soviet Union’s activities in occupied countries are not discussed openly and loudly, said member of the European Parliament Inese Vaidere at the presentation of the English translation of the book ‘Damage Caused to the Baltics by the Soviet Union’ in Brussels.

Expert: data importance will only increase in the digital transformation era

«Technologies are the driving force behind the development of all sectors in the 21st century. They affect our everyday lives and Latvia’s future development. We cannot afford to stop now. We have to continue developing innovations and creativity on all levels,» said Latvian President Raimonds Vējonis during the annual conference organized by Information and Communication Technologies Association.

Estonia in OSCE urges Russia to meet international standards in Ukraine

Estonian Minister of Foreign Affairs, Sven Mikser, draw attention to support of Ukrainian territorial integrity and the protection of human rights, as he addressed fellow foreign ministers at the meeting of the Organization for Security and Cooperation in Europe in Vienna this week.

Emotional debates break out in Saeima in regards to automatic access to state secrets

During the last meeting, very emotional debates in regards to automatic issue of access to official secrets were held. Proposals were voiced both in support of this and against. The proposal was declined in the end.

UK: EU citizens inside country «will be able to go on living as before»

In the talks on the UK leaving the European Union, London and Brussels have managed to agree on such key issues as the future of EU citizens within the UK and the border between Ireland and Northern Ireland, which will allow diplomats to move on to talks on the future relations between the bloc and the country after their divorce.

Polish head of government Szydlo resigns

The Prime Minister of Poland, Beata Szydlo, has stepped down, hours after surviving a no-confidence vote pushed for in the Sejm by the opposition.

Weather becomes colder and colder in Latvia

In the next seven days weather in Latvia will be volatile; cyclone activity will remain. On Friday, 8 December, air temperature will remain relatively high – in most of Latvia it will be around +1° C… +5° C, as reported by the State Environment, Geology and Meteorology Centre.

Lithuania’s real estate market hints of troubles ahead

Although the new flat sales, including luxury sector, in Lithuanian capital Vilnius continue to hover at the peak of recent years, real estate market outside the capital and Kaunas, the second-largest Lithuanian city, is cooling off, which may be an omen as to what expect soon.

Vaškevičs asked Latvian authorities to investigate death threats against him

Bribery accused former deputy director of the State Revenue Service Vladimirs Vaškevičs, who has fled to Austria, says he had asked Latvia’s Prosecutor General’s Office to investigate an anonymous internet death threat.

People of Palestine urged for upraising after U.S. recognition of Jerusalem as Israel's capital

Palestine's Islamist group Hamas called on its population to quit peace efforts and launch a new uprising against Israel reacting to Washington's recognition of Jerusalem as Israeli capital.

Survey: residents have weak knowledge on teaching in national minority schools

Residents have very imprecise information about the teaching process in national minority schools, as concluded in results of a survey performed by SKDS.

Latvia demonstrates one of the most rapid economic growth rates in EU

In the third quarter of 2017, Latvia had experienced one of the most rapid GDP growth rates among European Union member states, according to information from Eurostat.

Saeima rejects proposal on lowering entry bar for parliamentary elections

Reviewing amendments to the Saeima Elections Law, deputies declined Gunārs Kūtris’ proposal to lower the entry barrier for next year’s parliamentary elections from 5% to 3%.

Prime Minister: Latvia wishes to work in Japan’s global financial technologies market

Latvia has a unique synergy between traditional finance sector and fintech companies. People there constantly come up with new solutions to make Latvia the first choice for fintech company headquarters, said Latvian Prime Minister Māris Kučinskis at the opening of World FinTech Day Latvia business seminar in Tokyo on 7 December.

Large companies predict turnover rise for 2018

Most large companies in Baltic States predict their turnover to rise next year. Such an opinion was voiced by 67% of large businesses in Latvia, 70% in Estonia and 59% in Lithuania, according to SEB Bank’s financial directors survey.

Estonian Defence Ministry to combine its IT and cyber policy departments

The Estonian Defence Ministry will combine its cyber policy and information technology departments into a single department.

Cimdars: there are concerns about qualifications of people working at election sites

If wages of people working at election sites is not increased, serious concerns about people’s qualifications will appear, said chairman of the Central Election Commission Arnis Cimdars in an interview to 900 seconds programme of LNT.

Newest comments