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Wednesday 24.04.2019 | Name days: Nameda, Visvaldis, Ritvaldis

All three applicants to participate in train procurement tender next round

The three applicants that entered for Pasažieru vilciens train procurement tender, including AS Riga Railcar Factory (RVR) in collaboration with Bombardier Transport France S.A.S, will advance to the next round, the Chairman of Pasažieru vilciens Board Andulis Zidkovs (Andulis Židkovs) announced today, September 13th, in the press conference.

Economist: budget development is a major risk for future economic growth

The development of the next year's budget is a great risk to further economic growth, considers Swedbank chief economist Dainis Stikuts.

Kampars: we will get lower gas price sooner or later

The reduction of gas price will definitely be arranged with the Russian company Gazprom , sooner or later, but it must be accomplished, believes the Minister for Economics Atis Kampars.

Electricity supplier change - not beneficial for Latvia

Latvia, unlike it is stated in EU directive, has the longest period among the Baltic States to prepare for the change of electricity supplier.

Moody's cancels all Parex Bank ratings

The international credit rating company Moody’s has withdrawn all the ratings assigned to Parex Bank, indicates the rating agency’s report.

Railway passengers to be attracted by modern trains in future

The state joint-stock company Pasažieru vilciens expects that by purchasing about 280 million lats worth electric trains, the number of rail passengers will increase by 20%.

Tallink carried record 8.4 million passengers

Estonian ferry group Tallink said that in the financial year that ended on August 31, 2010, it carried record 8.4 million passengers.

Repse: budget deficit reduction will be at least 350 million lats

Although the previously forecasted budget consolidation amounts have decreased, the reduction that is still ahead will not be less than 350 million lats, considers the Minister for Finance Einars Repse (Einars Repše).

Nuclear plant strategic investor tender to be announced shortly

By the end of next week Lithuania will publish a tender to build the new nuclear power plant in the country, as promised by energy minister Arvydas Sekmokas.

Licence for pawnshops and «quick credit» demanded

In order to give short-term credits, pawnshops and other credit institutions, excluding banks, will need a license. The changes, supported in the Saeima final reading stipulate it.