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Sunday 19.08.2018 | Name days: Melānija, Imanta

Latvia shows EU record number of future businessmen

Currently one out of 20 economically active population is a future businessman and another - an owner of a new enterprise, which is one of the highest indicators among the European Union (EU) member states.

Month and a half delay in payments for water in Riga

Clients' payments for water supplied by the company Rīgas ūdens delay for a month and a half on average.

Estonia Finance Minister: price growth is not connected with transition to euro

The price increase that has been observed in Estonia during the past few months should not be associated with the transition to the euro, indicates the Estonian Minister of Finance Jürgen Ligi.

Losses from shoplifting in Europe reach 29.3 billion euros

European traders have lost 29.3 billion euros (20.6 billion lats) this year due to shoplifting, which is 3 billion euro (2.1 billion lats) more than last year. The losses of the Baltics comprise 177 million euro (124.4 million lats), which is 29 million euro (20.4 million lats) less than in 2009, according to Centre for Retail Research data.

AFL–FFF/LNNK not included in the new government coalition

The political association Unity Board decided not to include the national association All for Latvia – For Fatherland and Freedom/LNNK. Therefore, two parties will form the coalition – the party Unity and the Green and Farmers Union.

Only 1/3 of Latvian residents know they can choose electricity supplier

Only 35% of inhabitants of Latvia have heard there is free electricity market in Latvia, namely, companies and people of Latvia can choose the electricity supplier, according to Market and social research center Latvijas Fakti conducted poll.

PR officer Liepnieks: Lembergs can stop Dombrovskis government in a night's time

Ventspils Mayor Aivars Lembergs is capable of stopping Latvian Prime Minister's Valdis Dombrovskis government in a night's time, public relations officer Jurgis Liepnieks (Jurģis Liepnieks) said in an interview to the newspaper Diena, adding Lembergs has become more influential than ever, when compared to other two oligarchs Andris Skele (Andris Šķēle) and Ainars Slesers (Ainārs Šlesers).

Liepaja and Ventspils collaborate in airports projects development

The local governments of Liepaja and Ventspils intend to sign a cooperation agreement on joint drafting of airport infrastructure development project.

2010 budget deficit – 293.8 million lats

This year, the state’s consolidated combined budget revenues were 3.4 billion lats, while the expenditure amounted to 3.7 billion lats, thereby creating a financial deficit of 293.8 million lats.

Farmers to receive advance payment in October already

The Rural Support Service on October 25 will start paying out single area (SAP) advance payment to farmers, the business portal BNN was informed by the Ministry of Agriculture (MA)

Lauma Fabrics H1 turnover hits 9.57 million lats

SIA Lauma Fabrics turnover in the first half of this year comprised 9.57 million lats. The company’s management predict this year could conclude with about 19 million lats net turnover, indicated the Head of Lauma Fabrics Sales and Marketing Department Edijs Eglins.

Nokia to fire 1 800 employees

Although the mobile communication giant Nokia experienced greater profit than forecast in the third quarter of the year, it plans cutting 1 800 jobs aiming to reduce costs.

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