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Tuesday 25.06.2019 | Name days: Maiga, Milija

Latvian aviation can reach level of Sweden in ten years, says Transport Minister

The aviation sector of Latvia could by 2030 reach with increased efforts the level of Sweden in terms of passenger numbers, flights and cargo handling per capita, stated Latvian Transport Minister Tālis Linkaits.

Amid fears of Latvian real estate tax hike, Kariņš pledges no dramatic increase

As the Latvian Justice Ministry has drafted new rules of the cadastre evaluation of real estate, Latvian Prime Minister Krišjānis Kariņš promised in an interview with the LNT channel not to permit a dramatic hike in real estate tax.

Turnover of Latvia’s State Forests up 20,1%, profits – up 22,8% in Q1

Latvian state forest management company Latvia’s State Forests has in the first quarter of 2019 reached a turnover of 89,751 million euros, which is an increase of 20.1% as compared to the respective period in 2018, data published by the company showed.

Latvian foreign trade turnover up 9.5 in April on year

In April 2019 the foreign trade turnover of Latvia was 9.5% larger than a year ago, of which the exports value of goods was 2.9% and imports value of goods 15.3% higher, show provisional data of the Latvian Central Statistical Bureau.

SEB bank Latvia warns of e-mail scam

The Scandinavian SEB bank in Latvia has issued on Tuesday, June 11, a warning of e-mail messages of a fraudulent character.

Ministry appoints two additional Latvian Railway Council members

Latvian Transport Ministry, as shareholder in railway company Latvian Railway appointed Andris Liepiņš and Reinis Ceplis to the company’s council on Friday, 7 June, as confirmed by the ministry.

Lithuania’s prime minister tight-lipped on country’s joining of Baltic gas market

Lithuania’s Prime Minister Saulius Skvernelis says he does not know if his country manages to join the shared gas market in the region.

Chinese tech giant Huawei to develop 5G network in Russia

Chinese technology giant Huawei, which is suspected of creating threats to national security in several western nations, has signed a contract with Russian telecommunications company MTS for the development of a 5G network in the country, BBC reports.

Europe loses EUR 60 billion to counterfeit products and piracy every year

Because of different fake products and piracy, Latvia loses up to EUR 109 million in 11 industries every year, whereas the damages in the European Union reach EUR 60 billion.

airBaltic agrees to compensate inconveniences to passengers

An agreement has been reached in a court of justice in Lithuania with Latvian airline airBaltic on payment of compensation to passengers worth a total of EUR 120 000, according to representatives of flight compensation assistance company Skycop.

Prime minister: if Estonia reduces excise tax on alcohol, Latvia will be forced to react

If Estonia reduces excise tax on alcohol, Latvia will be forced to react, said Latvia’s Prime Minister Krišjānis Kariņš in an interview to public broadcaster LTV programme Rīta Panorāma on Wednesday, 5 June.

Russia demands Tinder to share user data

Russian authorities have announced that online dating app Tinder needs to comply with the country’s demands to provide access to users’ photos and messages, BBC reports.

Latvian Railway representatives leave RB Rail Council

Latvian Railway representatives in the Baltic joint company RB Rail Edvīns Bērziņš and Vineta Rudzīte have left their posts. Two new council members have been elected to replace them – Ligita Austrupe and Anrījs Leimanis.

Latvian and Estonian ministers discuss solutions for alcohol prices

After the meeting of the Council of the Baltic Sea States, Estonia’s Foreign Affairs Minister Urmas Reinsalu and his Latvian colleague Edgars Rinkēvičs discussed the topic of alcohol prices, as reported by Estonian public media ERR.

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