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Sunday 19.08.2018 | Name days: Melānija, Imanta

Sveza: only mergers can turn us into a global leader

Russian plywood manufacturer Sveza needs merging with other companies to become a global leader, says the company's Director General Andrei Kashubsky.

Experts: real estate tax based on baseless cadastral value assessments

Currently the real estate tax is calculated on the basis of ungrounded assessments and disproportionate rates, many local governments representatives, real estate market experts and tax payers are convinced.

Expert: airBaltic to face procurement problems in future

The financial conflicts with Riga International Airport on the whole havenot damaged the Latvian national airline airBaltic image in Europe; however, they could turn out to be an obstacle for winning in tenders related to servicing the European countries’ institutions in the future, considers the expert on transport industry Jurijs Zalicenko.

Retailers: VAT rise will negatively affect the economy

The value added tax rate increase would leave a negative impact on the inhabitants purchasing capacity and the economy in general, believe retailers.

Majority of people face bureaucratic problems after moving to other EU country

More than half of the people encounter some bureaucratic problems after moving from one European Union member country to another, suggests Eurobaromeeter survey.

Expert: European money spoils Estonians’ thinking

Estonia is too dependent on the European Union allotted funds spoiling Estonians' way of thinking, believes Estonia Auditor General Mikhel Oviir.

Latvia’s mobile communication tariffs – possibly the lowest in Europe

Companies in Latvia pay on average 15-25 lats for each employee’s mobile connection calls monthly, which is 10-15% less than it was previously, says the Executive Director of the Telecommunications Association of Latvia (TAL) Jānis Lelis,

Latvia’s credit rating likely to grow

Near future most likely will bring Latvia's credit rating improvements, believes Swedbank senior economist in Latvia Martins Kazaks (Mārtiņš Kazāks).

Latvia Finance Minister Candidate: budget adoption might delay

2011 budget adoption will most likely take place until the end of the year; however, if there are new visions of structural reforms, the budget adoption could be held up, assumed the party Unity Nominee for Minister of Finance post Andris Vilks.

September reports growing number of Riga tourists

This year in September the number of tourists in Riga has increased, alongside with the growth in the number of passengers at the Riga International Airport and the hotel occupancy rate, the business portal BNN was informed by Riga Tourism Development Bureau.

Lithuanian export to Sweden grows by 35%

In first seven months of 2010 Lithuanian export to Sweden has increased by 35%, compared to the exact period of 2009, according to Swedish Central Statistical Bureau data.

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