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Saturday 25.01.2020 | Name days: Sigurds, Zigurds

As excise tax goes up, prices of alcoholic drinks may grow by three euro per litre in Latvia

If Latvia increases excise tax for alcohol in March next year, it is expected the prices for alcohol may increase considerably – as far as three euros per litre, according to Latvian Alcohol Industry Association.

Progress made in Estonian-Latvian joint project for renewable energy

Estonian government has made a decision to review issue of a construction permit to create a wind turbine park in the Gulf of Riga, which would allow Estonia and Latvia to implement a joint renewable energy project, as reported by Eesti Energia representative Oskars Kupše.

Italian glacier pollution prompts resort to go plastic-free

In Italian Alps, a ski resort is endeavouring to become the first in Europe to ban plastic after scientists discovered that a nearby glacier contained a significant amount of microplastics.

Kariņš: Ventas osta to ensure professional and depoliticized port management

Ventas osta, the state company created to perform the functions of Ventspils port, will provide a professional and depoliticized management of the port, says Latvia’s Prime Minister Krišjānis Kariņš.

Alcohol and tobacco products to become more expensive in Latvia next year

In accordance with the Law on Excise Tax, with 1 January 2020 onward, excise tax on tax products and tobacco products will increase, reminds State Revenue Service.

Freeport authority: Ventspils port has returned to operating normally

With the US Department of Treasury Office for Foreign Asset Control lifting sanctions against Ventspils Freeport and Ventspils Freeport authority, the port has returned to operating normally, as announced by Ventspils Freeport authority public relations head Inga Ieviņa.

Transport Ministry’s representative appointed as Ventspils Freeport board’s chairperson

Inguna Strautmane, a representative of Latvia’s Transport Ministry, has been appointed as Ventspils Freeport board chairperson. Finance Ministry’s representative Ģirts Valdis Kristovskis has been appointed as the freeport board’s vice-chairman.

Productivity rise for Baltic company can be secured through innovations

In the next 12 months businesses in Latvia and Estonia have plans to increase productivity by developing innovations, whereas businesses in Lithuania have plans to do this by increasing production output, as concluded by SEB Bank’s survey among financial directors of major Baltic companies.

Prime Minister about US sanctions: this is an opportunity to sort some things out

The sanctions applied to Aivars Lembergs and Ventspils Freeport by the US Department of Treasury Office for Foreign Asset Control is an opportunity to sort some things out, said Latvia’s Prime Minister Krišjānis Kariņš in interview to LTV programme Rīta Panorāma.

U.S. Congress adopts sanctions against Nord Stream 2-linked firms

American legislators have passed legislation to introduce sanctions against companies and governments involved in the construction of the Baltic Sea gas pipeline Nord Stream 2 from Russia to Germany. Berlin has criticised the move.

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