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Wednesday 22.05.2019 | Name days: Emīlija

TM Security loses security company license

The security company TM Security, which has been involved in several scandals, has lost its security company license.

Is latvian lawyer Martins Kveps master of falsified shareholders' meetings?

The Dutch Investment Company Geit B.V., one of the largest foreign investors in the Port of Ventspils, filed two criminal complaints against the notorious lawyer Martins Kveps for falsifying two Shareholders’ Meetings of AS Kalija Parks and AS Ventspils Commercial Port.

airBaltic makes advance payment for airport's services

The national airline airBaltic has made the requested advance payment for the services provided by the Riga International Airport.

Gazprom may be interested in Latvian electricity market

The gas supplier Gazprom is likely to have interest in the Latvian electricity market, which is connected with AS Latvenergo business, assumes the representative of Russia’s power supply enterprise in Latvia Yevgeniy Roldugin.

Bankers receive the highest wages in Latvia

In Latvia, the financial and insurance sector workers receive the highest salaries – their wages are approximately two times higher than of those employed in the education sector and about three times higher than of those working in the hotel and restaurant business.

Riga airport threatens to stop collaborating with airBaltic

Starting from October 8, Riga International Airport will terminate providing services for airBaltic, if advance payment is not made.

State Audit Office: budget policy implementation not tied to results

Although, in correspondence with legislation, state budget is a measure of implementing state policy employing financial methods, the current budget policy is being implemented without considering the state's political aims and results to achieve.

Neste joins BalticMiles program in Lithuania and Estonia

BalticMiles partner in Latvia – the fuel retail company Neste – has joined Neste in Lithuania and Estonia.

Riga City Council supports 220 apartment procurement for 7.8 million lats

SIA Rīgas pilsētbūvnieks will purchase from the private company 220 finished apartments for 7.8 million lats, decided the Riga City Council Financial and Administrative Affairs Committee.

Nine-month state budget revenue exceeds planned by 1.5%

In nine months of the present year, the state budget revenues plan has been fulfilled even exceeding the planned by 1.5%.

Economist: current improvements are partly seasonal

The improvement of competitiveness can be achieved by increasing the productivity.