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Friday 27.04.2018 | Name days: Tāle, Raimonda, Raina, Klementīne

Estonian energy company acquires Latvian firm

Estonian energy company Eesti Energia has acquired 90% of SIA Valkas bioenerģijas kompānija shares, according to the Land Register data.

Special categories of passengers to travel for free in route taxis

Starting from January 1, next year, route taxis will not be able to avoid transporting certain categories of passengers for free; so they should be clearly specified to be compensated afterwards, AS Rīgas taksometru parks Chairman Leopolds Muižnieks says.

Latvian tax policy to lose the most

Latvia is the only one from the Baltics increasing tax burden on tourism in 2011, it is remaining flat in Estonia, while Lithuania has even reduced the tax rates, according to a sworn lawyers office BDO Zelmenis & Liberte study.

Euro has lost nearly 22% of its value since 1999

Since 1999 the European single currency has lost nearly 22% of its value. Comparing to 1999, at the moment the purchase power of one euro in the European Union countries equals 78 euro cents on average.

Daugava denies ignoring loan payments

We have not ignored loan payments included in the agreement concluded with Swedbank, says SIA Daudznozaru kompānija Daugava Board Chairman Aigars Vaivars, denying the previously announced information about the company not meeting its liabilities.

Airbus hits new aircraft deliveries record

has managed to increase its production output for the ninth consecutive year, thus hitting a new record of the company, Airbus told the business news portal BNN.

Latvians carry out housing repair once in five years

Majority of Latvia’s residents renovate apartments at least once in every five years, because it is important that the dwelling is furnished beautifully and with taste in an interesting an original way, but at the same time serves for practical purposes as well.

China’s economy grew 10% last year

Last year, China’s gross domestic product growth formed about 10%; yet, economic overheating may become one of the key risks in 2011, announced Zhou Xiaochuan, the senior economist at Central Bank Statistical Bureau.

Guarantors to pay instead of debtors

The crisis has not only reduced the real estate prices and boosted unemployment, but also prompted guarantors to the revelation that they have to pay for others’ debts.

Kristovskis: Live Riga lacks transparency

Riga promotion project Live Riga should have been carried out in a more transparent manner, however it has not left any negative impact, the Minister of Foreign Affairs Ģirts Valdis Kristovskis says.

55% of people with high income forecast housing price gains

The mood of Latvians regarding housing prices depends on their level of income - price gains are expected by 55% people with high income and 38% with low income.

SIA ZetCOM plans initiating proceedings against Bite Latvija

In line with SIA Bite Latvija publicly-released statements, which falsely and unjustifiably indicate that the data used in ZetCOM advertising campaign are allegedly inaccurate, SIA ZetCOM has asked lawyers to start work on the prosecution initiation, requiring to withdraw the slanderous information.