Riga launches road repair season

The Riga City Council informed it will soon start road surfacing repair works in fourteen streets of Riga.
Preparatory works are now being carried out and warning traffic signs have already been set up in some streets.
Repair works are going to be carried out in such streets as Kalnciema, Antenas, Terbatas, Lubanas, Kr.Valdemara, Ieriku and many other.
During the repair works drivers have to take into account traffic burdens and restrictions.
Ref: 103.110.110.846
Latvia offers a new deposit option for residents – savings bonds
On Wednesday, June 19, Latvian residents were presented with a new deposit option – savings bonds. The point of this deposit initiative is to offer any resident an opportunity to purchase state bonds and invest money in Latvia.
Latvian Prime Minister to unions: pre-crisis wages were not sustainable
The Latvian Prime Minister is convinced that there is no need to restore wages to pre-crisis level, because pre-crisis wages were not sustainable.
Corruption scandal in Czech politics still growing
Although Prime Minister Pert Nečas will step down, police in the Czech Republic has detained members of the state's political elite. The affair seems to have reached also into the family life of the Czech head of government.
Global coffee prices fall, but not in Latvia
The global coffee prices are falling. Latvia, however, is not experiencing anything of the sort. This is mainly due to the excise tax. Experts believe this situation was made possible because the current supply of coffee in the world exceeds the total demand.
Number of refugees in the world – largest in the last 20 years
The number of refugees and asylum seekers in the worlds is at its peak since 1994. The crisis in Syria plays a large role in this, as stated in the UNHCR report on global forced displacement.
Pay increase in Estonia for second year in a row
The average salary in Estonia has increased for the second consecutive year – 2012 has marked a slight rise by 1.7%.
Saeima expresses concerns over the fate of children adopted by foreigners
Last year, 110 children were adopted in Latvia. 144 children were adopted by foreigners. There are currently 99 potential adopters waiting for approval in Latvia.
G8 leaders agree to tackle tax evasion
Heads of G8 large economies have agreed on measures for preventing illegal tax evasion and money laundering.
G8 leaders agree to stop paying terrorists ransom money for hostages
Leaders of the G8 countries have agreed to abolish the practice of paying terrorists ransom money for hostages, as reported by the British Prime Minister David Cameron.
Company invests 30 000 in a new Melnā coffee brand
Melna kafija (Black coffee) producer has decided to invest LVL 30 000 in the creation of a new brand in order to strengthen its position on the market. The new Melnā coffee brand is called to increase the retail market share in the Baltics and export markets – Russia, Denmark, Finland and Belarus.
Industry player: revoking Balva's licenses will increase competition
The decision of the Finance and Capital Market Commission (FCMC) to revoke the licenses of Balva Insurance Company will change the market. This will increase competition among other insurance companies, as Ergo Baltic Board member Ingrida Kirse told BNN.
Airlines ready to invest in fuel-efficient aircrafts, Airbus orders suggest
The world's leading plane manufacturers Airbus and Boeing have received many orders at the Le Bourget air show near Paris. Demand for fuel-efficient long-haul planes indicates that airlines are willing to invest in modern airplanes.
Latvian Finance Minister appoints new representative to the Board of Riga Free port
Latvian Finance Minister Andris Vilks has appointed the Deputy State Secretary Baiba Bane as the ministry's representative in the Board of Riga Free port.
Household income grows the slowest in Vidzeme and Latgale
The rapid economic growth of 2011 and 2012 contributed to the rise of income of Latvian households. However, it was not equal in all of the regions. Inequality remains. In addition to that, last year's general income increased the slowest in less developed regions.
CPCB to initiate criminal proceedings against Road administration's officials
The Corruption Prevention and Combating Bureau (CPCB) has submitted a request to the Prosecutor General's Office to initiate criminal proceedings against nine officials for possible criminal activities in relation to contracts of the Road Administration.
Russia and U.S. fail to agree over Syria
U.S. and Russian presidents have met as part of the G8 summit to discuss the resolution of Syrian civil war, but have agreed to disagree.
OlainFarm's product sales achieve 7% growth
Preliminary consolidated sales figures of OlainFarm for May show that sales have reached LVL 3.38 million (EUR 4.8 million), which is 7% more than a year ago. The biggest sales increases were achieved in Kyrgyzstan (growth by 152%), Uzbekistan (growth by 111%) and Georgia (growth by 108%).
One of the first Art Nouveau buildings in Riga is falling apart
Due to the neglect of its owners, one of the oldest Art Nouveau buildings in Riga is falling apart. It was built in 1899. Its architect is Rudolf Heinrich Von Zirwitz. The building situation on Vilandes Street 11 in Riga is a national architectural and cultural landmark.
EU-U.S. historic trade talks begin
The EU and the U.S. have held first negotiations on a significant bilateral trade deal, described as the most lucrative trade agreement in history.
Scandinavians decide to sell agricultural land in Latvia
Bergvik Skog plans to sell a little more than 2 000 ha of agricultural land in Latvia.
Bomb explodes in Kabul hours before Afghanistan security hand-over
The blast, believed to have been performed by a suicide bomber, comes on the day when NATO is expected to formally hand over command of security responsibilities to Afghan forces.
Two potential investors appear to have an interest for airBaltic
According to Latvian Transport Minister Anrijs Matiss, negotiations with two potential investors are currently being held in regard to Latvia's National airBaltic airline.
One year passes since Ecuador embassy offered Julian Assange asylum
The embassy of Ecuador in London will continue to offer asylum for the founder of WikiLeaks Julian Assange, as the country's Foreign Minister Ricardo Patiño. He announced this after his discussion with the British government, where no progress regarding Assange was made.
Latvian parliament's budget for 2014 is estimated around LVL 15 million
During the June 17 meeting of the Saeima Praesidium, the parliament's budget for 2014-2016 was confirmed. The parliament does not plan to increase expenses for current activities, rather divide the funding for two main budget goals – LVL 255 thousand for Latvia's presidency over the Council of the European Union and LVL 2.76 million for the reconstruction of the main building on Jekaba Street 6/8.
FCMC revokes all licenses held by Balva
The Finance and Capital Market Commission (FCMC) has made the decision to revoke all licenses currently held by Balva Insurance. This decision was made in order to protect the interests of the agency's clients.
Recommended
Latest
- Latvia offers a new deposit option for residents – savings bonds
-
PHOTO: Kipsala now has a beach near the Cable Stayed Bridge
- Latvian Prime Minister to unions: pre-crisis wages were not sustainable
-
Global coffee prices fall, but not in Latvia | 1
- Saeima expresses concerns over the fate of children adopted by foreigners
-
Company invests 30 000 in a new Melnā coffee brand
- Industry player: revoking Balva's licenses will increase competition
-
Riga now has a Laima embassy
- Latvian Finance Minister appoints new representative to the Board of Riga Free port
- Household income grows the slowest in Vidzeme and Latgale
Most read
- Latvian ice hockey player Kristiāns Pelšs is missing; he may have drowned
-
Eko Bus business is growing; a "war" begins | 1
- Firearms licence requirements to be made stricter in Latvia
-
Latvia's population has dropped 1% in 2012 | 1
- airBaltic cancels flights to Nice
- Riga Free port official submits resignation because of a pleasure trip
-
PHOTO: iris – garden wonders of the Natural History Museum of Latvia
- Latvia's costs of living reach a new record
- Latvians are the least financially secure residents of Baltic States
- 18% of Latvians plan to spend up to LVL 50 on entertainment this summer
Most commented
-
Latvia's population has dropped 1% in 2012 | 1
-
Economic Diary. Here's to fair euro adoption! | 1
-
Eko Bus business is growing; a "war" begins | 1
-
Global coffee prices fall, but not in Latvia | 1
- Survey: London, Paris and Barcelona – investors' favourite cities in Europe
- Latvian Prime Minister to unions: pre-crisis wages were not sustainable
- 11 trains cars worth of waste was gathered in Latvia's forests last year
- Political calendar of Latvia. June 17 - 21, 2013
- Firearms licence requirements to be made stricter in Latvia
- OlainFarm's product sales achieve 7% growth
Top 5 Business news
Top 5 Social news
Top 5 World news
Top 5 Video
Newest galleries
Newest comments
-
Ivan @ 2013-06-19 11:58:55
-
Ilmars @ 2013-06-16 14:07:28
-
JPR @ 2013-06-15 15:01:35
-
JPR @ 2013-06-15 15:01:06
-
JPR @ 2013-06-15 14:58:47



(No Ratings Yet)
