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Tuesday 18.02.2020 | Name days: Kintija, Kora

airBaltic – world’s second best airline in online marketing

The Latvian national airline airBaltic has been recognized as the world’s second best airline in terms of online marketing in 2010. The airline received Webbies Awards in the category Online Campaign of the Year, which is organized each year by the world’s leading aviation media publisher Flightglobal.

Businessman: Latvia faces higher corruption than Belarus

Corruption levels are much higher in Latvia than Belarus, SIA Oil Logistic & Trading Head Vladimirs Demidovs comments upon the Finance Ministry’s Tax and Customs Policy Administration Deputy Director Vladimirs Vaškevičs influence on the corruption in the state.

Taxes to be raised for budget consolidation

It is likely that already this year the fuel excise duty and gambling tax will increase, but the number of state administration employees will be cut.

Facilitating requirements for EU-funds projects implementers

The Finance Ministry (FM) has introduced numerous improvements and ways to facilitate the European Union (EU) funds acquisition. For example, when carrying out European Social Fund, European Regional Development Fund and Cohesion Fund projects, businessmen will have the option of creating an account in a commercial bank as well.

Consolidation measures of 27 million lats approved

On Monday, February 7, the coalition parties’ Cooperation Council agreed on this year’s state budget consolidation measures at the extent of 27 million lats; however, negotiations will continue on the rest of the required amount.

Negative serial apartment price fluctuations in early 2011

January this year reports minimal serial apartments price fluctuations with prices dropping by 0.5% on average. The average price of serial apartments amounted to 606 EUR/m2 in January, 2011.

PMB bans LIDA to conclude 75 000 lats worth agreement on coaching services

The Procurement Monitoring Bureau has prohibited the Latvian Investment and Development Agency to conclude the 75 000 lats worth general agreement with the law office BDO Zelmenis&Liberte and SIA Con Fide on coaching services, according to the published ruling on the PMB’s website.

Tourism companies: cheap travels in fashion

This year cheap travels will be the most popular ones among Latvian tourists, travel agencies representatives told the business news portal BNN. Egypt, Turkey, Thailand, China, Cyprus and Norway were the most popular destinations in 2010. People also travelled across the Baltic states.

Latvians wish to work abroad in agriculture, hotel and construction sector

In Latvia, the German and Austrian labour market opening is awaited with hope, because for many moving to another country is still the only way of getting income. Along with Latvia’s accession to the European Union, Ireland, Great Britain, Sweden and other EU countries fully opened the labour market.

IT outsourcing company: e-health projects should be halted

Latvian e-health projects should be put off, believes DEAC Board Chairman Andris Gailītis, adding that he thinks there is a well-organized cartel beneath them, trying to arrange all the tenders.


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