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Tuesday 19.03.2019 | Name days: Jāzeps

Ingman Saldējums: consumers have the right to know what they eat

Despite costs of raw materials for ice cream production rose over 10% on average, while costs of energy needed for production grew 6 – 8%, the choice of not substituting the cream with cheaper vegetable fats has paid off, Normunds Labrencis, Director of Ingman Saldējums, recognized in an interview to the business news portal BNN.

Spilva: it is vital to maintain production

Latvian food producers are actively seeking new export markets, as well as opportunities to boost their sales. While the state should work harder to ensure fair competition, Dana Erciņa, marketing director at SIA Spilva, told the business news portal BNN.

Newsec: property market recovery in Latvia lags behind other Baltics

Despite having activated in the past nine months and showing certain signs of optimism, Latvian real estate market recovery still lingers behind the one in the rest of the Baltic states, Olga Kozina, Newsec Latvia managing director, told the business news portal BNN.

Balticovo: speculative feed grain prices complicate situation in the industry

Although due to speculative feed grain prices the situation in the sector is complex, Latvia’s population have returned to the tradition to cook at home, boosting the eggs sales. For example, last year 500 million eggs were produced, Balticovo head Arnis Veinbergs points out.

Knauf: competition sharpens on overcapacity and poor purchasing power

Despite unclear tax policy, raw material and energy resources price gains burden the construction sector, building materials manufacturer SIA Knauf forecasts up to 10% turnover and profit climb, Jānis Kraulis, SIA Knauf Board member, told the business news portal BNN.

Businesswoman: private investors don't do charity

Private investors are always investing in ideas they can make profit from, they don't do charity, Aiva Viksna, businesswoman and union Leader Board Chairwoman, told in an interview to the business news portal BNN.