bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Saturday 22.07.2017 | Name days: Marija, Marika, Marina
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

Fashion in business: how to be heard in the modern-day world?

It would seem that nowadays strict fashion trends have «died». This is because people for ways to look beautiful and comfortable. One of the minds behind TRÉS fashion line, Enija Mugurevica shares advice how to start a business in the fashion industry from scratch and be heard and noticed in the modern-day world.

FCMC fines Norvik Banka for EUR 1.3 million and Rietumu Banka for EUR 1.56 million

Finance and Capital Market Commission in cooperation with Federal Bureau of Investigation’s Counterproliferation Center found out in a target inspection that Latvian banks – Norvik Banka and Rietumu Banka – have not followed requirements of regulations for the prevention of money laundering and terrorism funding.

Saeima approves controversial amendments to Credit Institutions Law

On Friday, 21 July, Latvian Saeima approved amendments to the Credit Institutions Law, which were previously returned to the parliament for a repeated viewing by President Raimonds Vejonis, completely unchanged.

Bank of Latvia: tax reform is a disappointment; it will not improve competitiveness

The tax reform submitted to the Saeima for approval is one big disappointment that will not improve competitiveness, said head of the Monetary Policy Office of the Bank of Latvia Uldis Rutkaste in an interview to LNT 900 seconds.

Betsafe predicts: will Duklavs remain Latvia’s Agriculture Minister?

Although Unity has asked the Union of Greens and Farmers to replace Agriculture Minister Janis Duklavs with someone else after the scandalous oligarch talks in Ridzene hotel, Duklavs will likely keep his post, according to Betsafe bookmakers. There is a 33% probability of Duklavs losing his post.

Latvian alcohol industry has an offer to increase excise tax rate

Experience shows – rapid increase of excise tax results in rapid increase of prices and rapid decline of revenue for the state treasury. Based on careful calculations, Latvian Alcohol Industry Association asks the government to stick with the current excise tax increase plan.

Air temperature to reach +24° C… +25° C in Latvia on weekend

Weather is expected to be largely dry this weekend in Latvia. Next week, however, is expected to be rainy, as reported by State Environment, Geology and Meteorology Centre.

Saeima deputies sign agreement on Oligarch talks committee’s formation

So far only parliament members have signed the agreement on the formation of a Saeima committee for the investigation of Oligarch talks. Neither of them represents Unity – Karlis Serzants from Union of Greens and Farmers and Einars Cilinskis from VL-TB/LNNK.

Seaima Praesidium approves parliamentary budget for 2018

On 20 July, Saeima Praesidium approved the parliament’s budget request for 2018. It is planned to be EUR 22.04 million, setting funding to maintain current functions on the level of 2017, BNN was informed by Saeima press-service.

Beer brewers: fooling around with tax reforms could destroy Latvia’s beer industry

By increasing excise tax for beer, the goal of reducing alcohol consumption will not be achieved. This is because consumption of other alcoholic beverages will increase as a result, notes CEO of Latvian Breweries Union Peteris Linins, commenting on the government’s plans to raise excise tax for beer.

4,558 marriages registered in Latvia in first six months of 2017

Over the past three years, Latvian birth number almost has not changed and constitutes 22 thousand annually. 10,175 children were born in the first half of 2017, which means 990 newborn fewer than in the same period a year ago.

Broadcasting organizations ask NEPLP to stop meddling with public media contents

The board of Latvian Association of Broadcasting Organizations urges the government and National Electronic Mass Media Council to continue realizing reforms in public media.

Kucinskis also met with Slesers in the infamous meeting room of Ridzene hotel

Latvian Prime Minister Maris Kucinskis admits having met with Ainars Slesers in the now infamous meeting room in Ridzene hotel a couple of times, specifically when the People’s Party made the decision to join Par labu Latviju.

Pumpurs hands 99% of Užavas alus capital shares to his son

Ildis Pumpurs, up until now the only owner and board member of Ventspils Užavas alus brewery, has handed 99% of the company’s capital shares to his son Oskars Pumpurs.

Repeated elections in Kekava – activity twice as high so far

Repeated election has commenced in Kekava’s 785 election site. 274 voters or 7% of local voting population took part in elections in the first day, according to data from the election site.

Estonia plans accepting from Turkey 160 Syrian refugees

Estonian police are looking into the documents on 160 refugees from Syria that are to be moved to Estonia in line with an agreement reached between the EU and Turkey.

Experts: potato harvest in Latvia may come later than usual this year

Potato harvest in Latvia may come one week later than usual. Still, the harvest is expected to be on the level of last year, BNN was told by Potato Growers and Processors Union.

News feed to be added to Google's website and mobile app

Internet search giant Google has said it would add a continuous feed of news and other content to its homepage and mobile app, which would be displayed before a user makes a search query.

NATO and Chinese ships perform joint manoeuvrer before entering Baltic Sea

This week, Standing NATO Maritime Group One welcomed in international a group of Chinese Navy ships that entered the Baltic Sea through the Strait of Denmark from the North Sea. Ships of both groups performed a mutually coordinated manoeuvrer for the ships to ensure safe entry of ships into the Baltic Sea, as reported by Latvian Defence Ministry.

Russia distances itself from proclamation of «Malorossiya» in eastern Ukraine

The Kremlin has noted that the proclamation of a county entitled «Malorossiya», or «Little Russia» in the pro-Kremlin-separatist-held eastern parts of Ukraine is a personal initiative of the rebel leader.

Expert: oil prices will likely remain zigzag-like

Aside from one week, oil reserves have been continuously declining since April. This trend will likely continue. Oil refining activities were not too high. This reduced demand for oil. In Q3, oil producers will increase production output and compound stores, comments macroeconomics expert Dainis Gaspuitis.

Construction output in Q1 in Latvia – tenth largest in EU

In Latvia, construction production volume in Q1 2017, when compared with the same period of last year, grew 8.4%. This puts Latvia on the tenth place among EU member states, according to the latest data from Eurostat.

Pabriks invites Estonia to focus on protecting Europe’s borders during presidency

MEP from Latvia Artis Pabriks invites Estonia as the presiding country in the European Council to focus on the protection of Europe’s borders and help motivate other member states to follow through with their objectives.

Contract signed for 60 million euros loan for Rīgas satiksme

Nordic Investment Bank and Riga municipality’s company Rīgas satiksme have signed a contract for the allocation of a loan worth 60 million euros. Funding is intended to be used to purchase hydrogen-powered buses and low-floor trams, as well as investments into tram infrastructure.

Household expenditure on consumption exceeds pre-crisis levels in Latvia

In 2016, household consumption expenditure comprised on average EUR 333 per household member monthly – EUR 17 or 5.4 % more than in 2015.

Do you have an acquaintance currently looking for a job?

View Results

Loading ... Loading ...

Polls Archive



Category feed: Feed: