bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Ceturtdiena 14.12.2017 | Name days: Gaisma, Auseklis
LatviaLatvia

Prudentia manager says Matiss may be suffering from schizophrenia

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIf no contract is signed with the investor Prudentia has found for Latvia’s national airBaltic airline, consequences of that may be rather dramatic for the airline. It may go as far as full business closure, says Prudentia manager Karlis Krastins.

He also claims that it was Prudentia that structured the deal with airBaltic’s financial investor under complicated conditions. This fact should be taken into account, he said. Krastins said Prudentia carried out talks with 63 investors: 25 in Asia and 29 in Europe, Russia and CIS. 5 more investors were talked to in the Near East and 4 – in North America. Two potential investors from Germany had allegedly refused the deal.

The businessman also claims the now former Transport Minister of Latvia Anrijs Matiss spreads disinformation and lies.

In addition, Krastins said maybe Matiss suffers from schizophrenia. Had Matiss continued working as minister and spreading leas, the very existence of airBaltic would have been put at risk.

«Prudentia’s representatives have proven their professionalism through 4.5 years of working with airBaltic. The have managed to resolve what Transport Ministry has not been able to lately. Prudentia was as though the airline’s guardian angel even during Valdis Dombrovskis’ government. It is unique, because usually financial consultants don’t take on such roles. Prudentia knew the extent of responsibility one would have to take in order to save the national airline. It cannot be said Prudentia enjoys the attention, because the general situation in the region is rather dramatic – both SAS and Finnair currently work with losses. The last several years have been good for airBaltic in terms of development. It is now the third consecutive year when the airline works with profit. Aviation investors are not easy to find. It is also tricky to balance out the interests of the involved parties. For example, in ariBaltic’s case it was necessary to balance out the interests of Transport Ministry, Finance Ministry, Budget Law, the investor and airBaltic’s business plan, as well as comply with requirements of the Aviation Law. It’s not like sitting down, having a sip of wine and signing a contract,» – he said.

Prudentia representatives did not deny that the situation with Bombardier deal regarding the procurement of new aircraft had forced parties to intensify work in the past several months. «Bombardier had put considerable pressure,» – admit representatives of the company. It is also added that, airBaltic could even acquire advantages. The EUR 132 million that will be invested in the airline is not an enormous amount of money, considering the national importance of the airline and the fact that the state wishes to retain 80% of stocks. Prudentia wishes politicians will remain responsible in this matter and not follow Matiss’ example. In regards to Matiss, Girts Rungainis noted that a good an strong official has turned into a weak politician.

The investor – German businessman Ralf Montag-Girmes – believes Prudentia has done its job professionally. He says airBaltic, Prudentia and Transport Ministry should now discuss and reach an agreement in regards to commission pay.

Ref: 102.109.109.8505


Leave a reply

European Parliament supports changes for combating activities detailed in Panama Papers

Public registries with names of true owners of businesses, effective protection of whistle-blowers and stricter requirements for financial intermediaries are some of the proposals intended to assist with the fight against tax avoidance, as noted by members of the European Parliament.

Former deputy chief of anti-corruption bureau: Christmas lights are more important to Riga mayor than residents’ welfare

«Mayor of Riga Nils Ušakovs focuses a lot on ‘shiny things’ and procurements performed by capital associations in which flow of money is hard to control. For example, Ušakovs has decided to allocate from the budget EUR 200,000 for Rīgas Gaisma to procure Christmas decorations. Meanwhile in Riga there are nearly 50 km of streets with no lighting. This demonstrates that the mayor focuses on ‘shiny things’ instead of improving life for Riga’s residents,» former deputy chief of Corruption Prevention and Combating Bureau (KNAB) Juta Strīķe told BNN in an interview.

Turkey and 56 other countries recognise East Jerusalem as capital of Palestine

In a summit of the Organisation of Islamic Co-operation, held in reaction to Washington’s decision to recognise the city of Jerusalem as only the capital of Israel, Turkey and 56 other Muslim countries have called on the rest of the world to recognise «the State of Palestine and East Jerusalem as its occupied capital».

Ventspils City Council opposition member sees possibility of working with Unity

«If Unity is interested, and wants to come back to the values it once had, we may consider working with this party. My knowledge and experience from the past 5-6 years may be useful in restarting political cooperation and restoration of lost influence,» said Ventpils City Council opposition member Ģirts Valdis Kristovskis.

FM mentions progress in combating grey economy; prime minister expects more

Latvia will continue combating grey economy in construction field and fight envelope wages, said Latvian Finance Minister Dana Reizniece-Ozola during the ministry’s Taxpayer Forum 2017 organized by the ministry on Wednesday, 13 December.

EP agrees to EU moving on to phase II of Brexit talks

Members of the European Parliament have overwhelmingly supported what has been negotiated upon in the joint EU-UK progress report in Brexit talks and have recommended Brussels to move on to phase two negotiations on the future relations of the parties.

Businessmen share stories: ‘surviving’ and taking risks in Latvia when starting a business

The silent period – the time for Christmas wishes – has begun. Snow covers Tukums, and the city slowly becomes white. Everything is quiet at Pils ielā. The phone rings, interrupting a quiet moment of watching snowflakes fall under the light of a lantern. «You’re here for us, aren’t you?» BNN goes to interview manager of Merci Cafe Anija Rabkeviča (23) and cafe’s founder Rinalds Pluģis (22). They tell about their experience of ‘surviving’ in Latvia.

BATL: Transport Ministry plans to increase burden on taxpayers’ shoulders

Latvian Transport Ministry’s developed development plan for the transit industry, which was presented to Saeima’s National Economy Committee this week, states that raising competitiveness in the country requires subsidizing railway cargo transports.

Croat soldier dies in Lithuania barracks

A soldier from the Croat contingent in Lithuania, who served in the Rukla military town as part of NATO international forces, has passed away.

LMP President: proposal for LMT and Lattelecom merge was only politically discussed

Only political discussions were held proposal on the merge between Latvijas Mobilais Telefons and Lattelecom, and it is good that this matter has been taken off the agenda, said LMT President Juris Binde in an interview to Rīta Panorāma programme of LNT.

Survey: 55% of employed people are not paid for overtime

More than half of employed people work overtime. On top of that, 55% of them are not paid for working overtime and 45% are paid, according to results of a survey performed by CV Market.

Estonian military receives anti-tank missiles, bought with U.S. funding

The Estonian military has acquired another lot of missiles for the American-made man-portable Javelin antitank system bought with U.S. money allocated for supporting European defence measures.

Tallinners can claim millions for overpriced water, says competition watchdog

In the Estonian capital, the result of a legal dispute between water utility company Tallinna Vesi and the Estonian Competition Authority is that consumers are considered to be able to claim tens of millions of euros in compensation for overcharged water tariffs that have been in place for a number of years.

Latvian Association of Regions decides against working with For Latvia’s Development political party

It was decided at a meeting of representatives of Latvian Association of Regions (LAR) that the party will not work with For Latvia’s Development. The party has also decided to start in 13th Saeima elections with its own list of candidates.

Italy in state of emergency after fire at Austria gas hub

Italy has declared a state of emergency in its natural gas sector as a large explosion at a major natural gas hub in Austria killed one person, injured at least 18 and is prone to affect supplies in central Europe.

LEC: more expensive MPC is a serious burden for international competition

«To maintain GDP growth rate, the government should address priority matters like prevention of mandatory procurement component costs and electricity price rise to reduce costs for both businesses and residents. It is very important for employers to have the energy policy closely tied with production, because processing industry is the main driving force behind development of Latvia’s national economy,» says Latvian Employers’ Confederation (LEC) Director General Līga Meņģelsone.

Pilots of Ryanair expected to strike prior to Christmas

The clients of Irish low-fare airline Ryanair will face inconvenience before Christmas as pilots and crew announced industrial action seeking to achieve union recognition and better conditions in the company, which is criticised by unions that it fails to offer pilots the same pay and conditions as its rivals.

Corruption in public sector remains a major problem in Latvia

Money laundering activities and grey economy are in decline in Latvia. However, corruption in the country’s public sector and smuggling activities remain serious problems for the national economy, as noted in the report on unaudited economy, corruption in the public sector and money laundering activities in Latvia published by Latvian Chamber for Commerce and Industry on Tuesday, 12 December.

Saakashvili released from detention in Ukraine

Former Georgian President, now opposition activist in Ukraine, Mikheil Saakashvili, has been released from arrest by a judge, who denied a request from prosecutors to subject him to house arrest, but the case against him continues.

Justice Minister: Latvia will continue supporting Macedonia’s judicial sector

Latvia’s Justice Minister Dzintars Rasnačs has met with his Macedonian colleague Bilen Saliji, who arrived in Latvia to sign the Memorandum for Cooperation between Latvian Justice Ministry and Macedonian Justice Ministry.

Survey: 65% of Latvian travellers avoid regions at risk of terrorist attacks

The majority or 65% of Latvian respondents mentioned that whenever they make travel arrangements, they try to avoid regions in which there is a high probability of terrorist attacks or natural catastrophes, according to the latest Latvia Tours Travel Index.

Ex-Interior Ministry’s state secretary offered becoming a candidate to manage Eastern Hospital

The only offer extended to the now former state secretary of Latvia’s Interior Affairs Ministry Ilze Pētersone-Godmane to help her stay in state administration was the offer to become a candidate for the most of head of Riga Eastern Clinical University Hospital, as reported by Latvijas Avīze.

Ministry’s parliamentary secretary emphasizes EU’s unity in the Middle East process

«Latvia continues supporting the solution that can be achieved through direct talks between Israel and Palestine with compliance of interests of both sides and making Jerusalem the capital of both countries. The European Union has to remain a reliable partner for Israel and Palestine. We have to continue the open dialogue with both sides and ensure EU’s unity in the Middle East peace process,» says Latvian Foreign Affairs Ministry’s parliamentary secretary Zanda Kalniņa-Lukaševica.

Estonian entrepreneur in Russia convicted to 12 years in prison

A court in Russia has convicted an Estonian aviation technology entrepreneur to a 12-year prison term in a high-security prison, Russian media report.

Countryside tourism may be threatened by unfair competition

Countryside tourism businesses are threatened by unfair competition and growing bureaucracy, as emphasized by Latvian Countryside Tourism Association Lauku ceļotājs after discussing this season’s results at four regional business seminars.

When do you go shoping for Christmas gifts?

View Results

Loading ... Loading ...

Polls Archive



Category feed: Feed: