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Sunday 15.09.2019 | Name days: Sandra, Gunvaldis, Gunvaris, Sondra

EY: businessmen show very positive outlook towards global economy

The latest Ernst&Young EY Global Capital Confidence Barometer reveals a generally optimistic outlook businessmen have around the world – 93% of interviewed company CEOs believe the economic situation in the world is steadily improving. The same opinion was voiced by 73% of interviewed CEOs last year.

Orkla Latvija signs contract for construction of Laima manufacturing plant in Ādaži

On Wednesday, 17 April, Orkla Latvia signed a contract worth EUR 8.9 million with construction company Merks on the construction of a Laima manufacturing plant in Ādaži, BNN was told by Orkla Latvija representative Lineta Mikša.

Estonia’s president to meet with Putin; the two will discuss Baltic security

On Thursday, 18 April, Russia’s President Vladimir Putin will meet with Estonia’s President Kersti Kaljulaid, as reported by Estonian public media ERR.

Latvian residents engage in marriages more often than before

Over the past three years the number of registered marriages has risen slightly. In 2018, 13.4 thousand marriages were registered, which is 200 marriages more than in 2017 when the increase recorded over the year constituted 148 marriages.

Turnover of Fazer Latvija reached EUR 25.36 million in 2018

The turnover of Fazer Latvija reached EUR 25.36 million in 2018. The company has also increased its bread market share to 20.9%, as reported by the company.

Riga City Council asked to explain why they think Deglava Bridge is safe to use

Riga City Council has to immediately provide detailed explanations to the State Construction Control Bureau why Deglava Brige is still open for public use. The city council is also asked to provide justified reasons for limiting the mass of vehicles. This request was submitted by Latvia’s Economy Minister Ralfs Nemiro.

Egils Levits could secure at least 55 votes in presidential elections

If Saeima deputies vote as the have promised, European Union Court of Justice Judge Egils Levits could secure at least 55 votes in presidential elections.

Municipality in Estonia wants a nuclear reactor

Viru-Nigula municipality in Estonia is interested in becoming the home for the nuclear reactor Frmi Energia is planning to build in the country, as reported by Estonian public media ERR.

Supreme Court proposes attorney system to improve situation with cassation complaints

The Senate is interested in quality cassation complaints. This is why it may be prudent to consider adopting a Supreme Court Attorneys System, says the Senate’s Civil Cases Department chairman Aigars Strupišs.

Number of passengers carried by airBaltic in Q1 2019 up 12%

During the first three months of 2019, Latvian airline airBaltic has transported 818,129 passengers or 12% more than last year, according to representatives of the airline.

Reform Party leader fails to gather support to form Estonia’s new government

Estonia’s Riigikogu decided on Monday, 15 April, to not entrust formation of the new government to Reform Party’s leader Kaja Kallas, who was officially nominated by President Kersti Kaljulaid as prime minister candidate on 5 April.

Swedbank: Latvian residents prefer private homes and new project buildings

Currently there is 10-15% growth observed on Latvia’s real estate market. Residents mostly prefer private homes and new project buildings, according to information from Swedbank.

Survey: more than half Latvian companies unable to provide e-invoices

More than 56% of companies in Latvia are unable to ensure e-invoices, as concluded in a survey performed by assistance firm Tildes Jumis.

Fitch affirms Latvia’s credit rating at A– with stable future outlook

International credit rating agency Fitch Ratings maintains Latvia’s Long-Term Foreign-Currency Issuer Default Rating at ‘A–‘, maintaining stable future outlook.

No precipitation in Latvia this week; air temperature to reach +15° C

Anticyclone will continue dictating weather conditions in Latvia this week – the week will pass with some clouds and without precipitation. Wind speed will be slow and mist may form at night, as reported by Latvia’s Environment, Geology and Meteorology Centre.