Next year AS Latvenergo intends to considerably expand their activities both in Lithuania and Estonia, where the company plans to double this year’s sales volume, said the power utility's Sales Director Davis Skulte.
September this year, goods exported from Estonia accounted for 13.2 billion kroon (LVL 592 680 000), but imported ones– for 13.5 billion kroon (LVL 606 150 000). September 2008 was the last time Estonia exported such volume of goods.
This year in September the total foreign trade turnover at current prices comprised 1008.3 million lats – by 7.7% or 71.7million lats more than a month ago, and by 30.5% or 235.6 million lats more than in September 2009, suggest the Central Statistical Bureau data.
If 2011 budget is not adopted until the end of the year, more consolidation measures will be necessary next year than it is possible at the present moment, estimated the Ministry of Finance.
Last year, changes, though not so rapid and extensive as during the «fat years», have also taken place in the list of the owners of Capital’s largest and most valuable land– many familiar names and surnames have been replaced with new ones. However, the major owners of land in Riga have retained their positions.
It was previously promised contributions to the 2nd Tier scheme will be at the extent of 4%. Now the previously made promises to one million workers have been broken. If in the long term the rate is less than 6%, then our future pensions will be lower, indicates the Director of Swedbank Investment Management Harijs Svarcs.
The new Minister of Justice Aigars Štokenbergs has started to reconsider real estate cadastral values, in order to make them more residents friendly.