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Wednesday 18.07.2018 | Name days: Rozālija, Roze

Businessman: hopefully, Microsoft will develop Skype in Estonia

Estonian social web-portal rate.ee founder Andrei Korobeinik expresses a hope global software giant Microsoft will keep developing Skype in Estonia, as the deal could lead to hundreds of new jobs and help develop the economy.

Analysts: Baltic States economies have peaked

The Baltic States Estonia and Lithuania’s economic growth is likely to slow down, slipping from the first quarter peaks. This will be due to the foreign demand drop causing limited export, which so far was the driving force of countries’ development.

Corruption Prevention Bureau employees shocked about Vilks dismissal

Latvia Corruption Prevention and Combating Bureau (CPCB) employees and officials trade union is expressing its disappointment with the dismissal of CPCB's deputy director Alvis Vilks, without coordinating the move with them.

US offers Lithuania three times cheaper gas than Russia

The American company Cheniere Energy has concluded an agreement with Klaipedos nafta on the possibility of supplying liquefied gas at a lower price than the one offered by Russia's Gazprom, announced the Lithuanian Energy Minister Arvydas Sekmokas.

Alarm sirens cost over one million lats

Alarm sirens cost more than one million lats, while their yearly maintenance requires several thousand lats from Latvia’s national budget.

Snoras Bank makes the biggest real estate purchase in Latvia this year

This year the Lithuanian Snoras Bank carried out the biggest property purchase in Latvia, acquiring a real estate in Old Riga for more than 11 million lats. The bank purchased the property on 23 Pils Street previously leased by Snoras Bank Latvian branch.

Latvians overpay for mobile communications

The leading mobile communication operators in Latvia offer about 170 various tariffs in total, however, often people opt not for the most suitable one and overpay for the services.

Most road accidents occur on Fridays

After analysing the Motor Insurers' Bureau of Latvia statistics on the average number of passenger car accidents broken down by days of the week, it can be concluded that most accidents take place on Fridays.

Medicines wholesalers turn less in first quarter

In the first quarter of 2011, medicines wholesalers sold their production for 70.7 million lats, 0.07% less than in the fourth quarter of 2010 and 9% more than in the first quarter of last year.

Latvia population shrinks by 18.7 thousand people

In early 2011, there were 2 230 000 people living in Latvia – a drop of 18.7 thousand, compared to last year. In 2010, the population decrease accounted for 0.83%, compared to 0.57% in 2009.

Census counts over a million people in Latvia

As of May 10, Census 2011 interviewers have counted 1 million and 138 thousand people in Latvia, which is 73.8% of the total population they have to visit, according to the Central Statistical Bureau.

Public Utilities Commission head: protests triggered Latvenergo tariffs rise

Latvenergo tariffs had to be raised a long time ago, while the price of electricity will drop, when people get used to consuming it more economically, says Valdis Lokenbahs, head of Latvia Public Utilities Commission.