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Monday 20.05.2019 | Name days: Venta, Salvis, Selva

Biggest foreign investments in Latvia go to trade and woodworking industries

Direct foreign investments in Latvia reached EUR 237 million in Q3 2018, which is 3.1% of GDP, exceeding the average investment level of last year.

Augulis: UGF may agree to proposed Cabinet of Ministers composition

The Union of Greens and Farmers may agree to Latvian prime minister candidate Aldis Gobzems’ offer on the division of seats in the new Cabinet of Ministers, even though the party does have some questions regarding the new government’s declaration and certain candidates, said UGF Saeima faction leader Uldis Augulis.

Luminor bank stays on safe side with reviewing e-resident accounts

The Estonian branch of the Scandinavian-capital bank Luminor has informed its clients of its plans to the accounts of Estonian e-residents from January 1, 2019.

Škoda Vagonka: Talgo’s price in PV train procurement is too high

Spanish Talgo – the company that won in the train procurement project organized by Pasažieru vilciens – does not have sufficient experience and qualifications. Additionally, their offered price is too high for it to have won in the procurement, according to Škoda Vagonka representatives.

All of airBaltic’s Airbus A220-300 aircraft to be named after Latvia’s cities

As airBaltic received its 14th Airbus A220-300 aircraft last weekend, names of all 14 most beloved Latvian cities have now been painted on the aircraft.

EUR 380,000 invested in sewage treatment facilities of Ādažu Čipsi factory

Planning in a long-term perspective and investing in solutions to reduce influence of industrial processes on the environment, Latvia’s leading chocolate, confectioneries and snacks manufacturer Orkla Confectionery & Snacks Latvija has invested EUR 380,000 in new and improved water treatment facilities at Ādažu Čipsi factory.

NATO ministers conclude Russia has put at risk Euro-Atlantic security

During approval of the Intermediate – Range Nuclear Forces Treaty, NATO foreign affairs ministers agreed with USA and concluded that Russia has developed and has tested missiles banned by the document, thereby breaching the treaty and putting at risk Euro-Atlantic security.

Latvian prime minister candidate says Saeima may vote for his government this week

Prime Minister candidate Aldis Gobzems from KPV LV says there is an option to organize an extraordinary meeting of the Saeima on Friday, 7 December, so that the parliament is able to decide on approval of his proposed government, he said in an interview to Delfi TV.

Saeima Budget and Finance Committee supports temporary budget for final reading

On Tuesday, 4 December, Latvian Saeima’s Budget and Finance Committee supported for the last reading amendments to the Law on Budget and Financial Management to guarantee funding next year for several decisions made by the previous Saeima, as reported by the parliament’s press-service.

Industrial production output in Latvia down 1.9%

Compared to October 2017, industrial production output reduced by 1.9 % in October 2018. The decline was caused by the output reduction in electricity and gas supply, however rise was recorded in manufacturing and mining and quarrying.

Hospital association invites Saeima deputies to a meeting to resolve healthcare crisis

On Friday, 7 December, members of Latvia’s Saeima are invited to attend a meeting organized by Latvian Hospital Association to discuss the possible state of emergency in healthcare sector that will appear starting 1 January, when law amendments are expected to introduce major restrictions on extended hours medical personnel are allowed to work.

Europe’s social partners urge Latvia to support amendments to Labour Law

Europe’s social partners in the construction sector – European Federation of Building and Wood Workers and European Construction Industry Federation – have asked Latvian Saeima to approve amendments to the Labour Law that would allow adopting a general agreement in the country’s construction sector.

Latvian prime minister candidate excludes Attīstībai/Par from government formation talks

KPV LV prime minister candidate Aldis Gobzems has decided to terminate talks on government formation with Attīstībai/Par political party.

To resolve wage matter, doctors to be allowed to work extended hours for three years

Latvian Saeima’s Social and Employment Matters Committee plans to increase the number of extended work hours doctors are allowed to work, according to the committee’s vote on the period until which doctors are to be allowed to work more hours than permitted by the Labour Law.

Freight and passenger transports up in Latvia

Compared to the same nine-month period of 2017, the volume of freights carried by land and via pipelines increased by 7.6 million tonnes or 8.6 % and freight turnover rose by 5.4 % in January–September 2018.

SA: pupils’ transportation – municipalities’ competition for money

With municipalities organizing transportation for pupils, more often than not they pick ‘one solution for all’, and picked solutions often boil down competition with neighbouring municipalities for pupils and money that follows children, not the understanding of children’s different situations and needs, as concluded by State Audit.

«KGB bag» to be opened before Christmas

Latvia’s National Archive plans to publish the first portion of information from ‘KGB bag’ this year. However, it is expected people will have a hard time taking in the contents. Some disappointment is expected, says LNA director Māra Sprūdža.