bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 19.11.2019 | Name days: Liza, Līze, Elizabete, Betija

Kundziņsala overpass construction splits Riga Freeport authority over cartel case

Last week, Riga Freeport authority decided to sign a contract worth nearly EUR 40 million on the construction of Kundziņsala transport overpass with companies that have ties with people involved in the so-called construction cartel case, as reported by LTV programme De Facto.

October’s inflation in Latvia higher than average in EU and Eurozone

In October 2019, inflation in Latvia was higher than the average in the European Union and Eurozone, according to information published by Eurostat on Friday, 15 November.

SEB share price heavily affected by suspected money laundering in Baltics

Swedish banking giant SEB AB has seen its stock value sinking by 15% as it awaits a programme by the Swedish public broadcaster over suspected money laundering in the Baltics, where the name of the bank would also appear, Bloomberg reports.

Germany to partly lift solidarity tax for support of ex-communist east

Germany has had since 1991 a solidarity tax requiring people in western Germany to support the east of the country to support its economic development. The government has decided to largely lift it from 2021.

Municipalities to receive 5% instead of 25% from gambling tax revenue

On Wednesday, 13 November, Latvia’s Saeima approved amendments in the final reading to the Law on Lotteries and Gambling Fee and Tax. Amendments include a new proportion for the division of the aforementioned tax between the state and municipal budgets.

Elenger starts supplying Latvia with natural gas from Klaipeda terminal

Estonian Eesti Gaas subsidiary SIA EG Energija, which operates under Elenger brand, has commenced supplying Latvia with gas from Klaipeda floating gas terminal, as reported by Elenger Latvija board member Dāvis Skulte.

Tesla to build its Europe electric car factory in Germany

American electric carmaker Tesla will build a factory for the production of «batteries, powertrains and vehicles», its chief executive office Elon Musk has stated.

Value of September’s exported goods in Latvia up 2.5% when compared to 2018

In September 2019 the foreign trade turnover of Latvia amounted to EUR 2.44 billion, which at current prices was 1.6 % less than a year ago, of which the exports value of goods was 2.5 % higher, but imports value of goods was 4.6 % lower.

Construction output in Latvia increases 5.9%

Compared to Q3 2018, construction output had increased by 5.9 % in Q3 2019. Construction output rise was observed in construction of buildings as 11.7 %, civil engineering as 2.1 % and specialised construction activities as 2.4 %.

Estonian exports weaken as imports rise

In Estonia, the exports of goods this September as compared to the respective month of 2018, have weakened by three percent, while imports have risen at the same pace, according to Estonian official statistics.

All Media Baltics to liquidate LNT news service; to work with TV3 brand instead

Media group All Media Baltics intends to work with TV3 brand in Baltics from December onward, as reported by the company. At the same time, the media group itself will work with TV3 Grupa brand.

LTV: ex-LDz chairman’s paid compensation for leaving may reach quarter of a million

The compensation paid to ex-chairman of Latvian Railway Edvīns Bērziņš and board member Aivars Štrakšas may reach EUR 250 000 and EUR 200 000, respectively, as reported by public broadcaster LTV programme Panorāma.

EC predicts Latvia to have the slowest economic growth among Baltics

The latest economic outlook from the European Commission estimates that Latvia’s GDP will likely grow 2.5% this year, which means the slowest economic growth among Baltic States.

Newest comments

Do NOT follow this link or you will be banned from the site!