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Monday 21.10.2019 | Name days: Severīns, Urzula
LatviaLatvia

Businessman: Swedbank might be lobbying Denmark’s interests

The Danish businessmen who had obtained commercial information only known to Swedbank, expressed interest in buying the pig farming complex Vaiņodes bekons established by the entrepreneur Andris Griģis, claims the owner of the company A/S Tak-G shareholder Ēriks Štālbergs.

Estonians get Riga maternity house

Estonian company Eesti Energia subsidiary in Latvia SIA Enefit has won Riga municipality's organized procurement tender on Riga maternity house electricity purchase in 2011.

Latvia’s inhabitants go on leisure trips 6% less than in 2009

During the third quarter of 2010, the number of recreational trips accounted for 4.5 million, which is 6% less than during the same period in 2009. The number of one-day long leisure trips decreased by 3%, but the number of trips with overnight stay – by 15%.

Foreign investors give up, while local company continues to fight

The Norwegian company SIA Baltic Pork declined the proposed construction of farm of 3 000 pigs due to Malpils’ inhabitants negative reaction, although the implementation of this project would create at least 30 new job positions.

Lido owner supported by three offshore companies

The company Firma Lido, owned by Gunārs Ķirsons, has managed to avoid immediate insolvency declaration and property sales because the plan of extrajudicial legal protection process measures was endorsed by three offshore firms even before its official registration.

Taxi services to become pricier next year

Starting from February 1, next year, both distance and time tariffs will be used when calculating taxi fares.

Producer price level in manufacturing – down by 0.2%

In November 2010, the overall level of producer prices in the Latvian manufacturing industry has gone down by 0.2%, compared to October.

High-speed railway from Riga to Moscow – likely in eight year’s time

Until 2018, when Russia will host the World Cup Finals, a high-speed train line between Riga and Moscow could be created. The officials of both countries discussed such project during the President of Latvia Valdis Zatlers’ visit in Russia.

Latvijas Gāze agrees with Gazprom on 15% lower gas purchase price

AS Latvijas Gāze and the Russian company Gazprom have reached an agreement on the natural gas supply, due to which the gas procurement price will drop by 15%, indicates the press secretary of LG Vinsents Makaris.

Russia keeps hand on Baltics’ pulse

It is not excluded that the electricity prices for the Baltic States’ residents will be determined by the Russian power utility owners. For instance, already now the Russian power utility Inter RAO is rapidly and extensively constructing new plants at Lithuania’s border.