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Saturday 17.08.2019 | Name days: Oļegs, Vineta

Sampo and Swedbank not expecting bank cards replacement

Banks Sampo and Swedbank do not believe credit cards will be abandoned in five years' time, with full transition to the Internet bank and mobile payments.

Ex Prime Minister: not even fortune tellers know the next President of Latvia

Even the greatest clairvoyant could not predict who will be elected as the next President of Latvia. Politicians could change their mind each hour or minute, as evidenced by all the previous actions, indicates Aigars Kalvītis, former Prime Minister of Latvia.

Other Corruption Prevention Bureau's special operations rumoured

Sources close to Latvia Corruption Prevention and Combating Bureau have been rumouring there is another special operation underway. Moreover, it included detaining one of the leading politicians.

Presidential candidate - richest pensioner in Latvia

Former banker and the current presidential candidate Andris Berzins is either the pensioner with the most impressive pension in Latvia or definitely in the TOP 5 of the wealthiest ones in Latvia.

Expert: Saulkrasti emerges as alternative to property in Jurmala

Along with the arrival of summer season, Latvia town Saulkrasti real estate market is most active. Potential tenants mostly come from CIS countries as Russia, Ukraine and Belarus. Moreover, most of furnished housing and summer cottages were rented already in late March.

BTA writes 102 million euro premiums

In 2010, BTA Group wrote gross premiums at the extent of 102 million euro. Among the six largest Baltic insurance companies, BTA Group owns 18.21% of the Baltic States insurance market, the company’s public relations consultant Jana Kralliša revealed to the business news portal BNN.

SEB bank issues 42.8 million lats loans

In the first three months of 2011, SEB bank issued new loans at the extent of 42.8 million lats – an increase of 24% over the same period last year.

Poland not willing to join eurozone

Given the euro crisis, Poland hardly sees any reason it should join the eurozone, says Marek Belka, Bank of Poland Governor.

Road maintenance allocated 5.8 million lats

On May 24, Latvian government approved Transport Ministry's request to allot additional financial resources of 5.8 million lats. The money will be taken from the emergency fund to compensate for the unexpected road maintenance costs in winter.

Spain to carry out the all-times largest IPO

The Spanish government plans to get 7.5 billion euro by selling the national lottery company Loterias y Apuestas del Estado shares. The IPO is expected in late October and will become the biggest Spanish company's stock flotation in the country’s history.

35% of Latvian companies do not submit annual reports

Although normative acts stipulate capital companies have to submit an annual report each year, the actual situation indicates many businesses meet this requirement with delay or hold-up the deadline significantly.

Also LNT wants to broadcast Dinamo games

Despite the negotiations between the Latvian national television network members and hockey club Dinamo Riga management on which TV channel will broadcast the Continental Hockey League games next season, up to now no decisions have been adopted.

Mill company Rīgas dzirnavnieks to invest over a million lats

Grain mill company A/s Rīgas dzirnavnieks plans investing over a million lats in acceptance and processing of grain, as well as optimization of energy resources.

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