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Sunday 17.11.2019 | Name days: Uga, Hugo, Uģis

Increasing TV advertising volume

This year October, compared to the same period last year, the advertising volume on television has increased by 15%, indicates TNS Latvia data.

The record big money launderer connected to CPB high-ranking official

Iveta Bora, the business partner of entrepreneur from Liepaja Artis Hartmanis, who is currently suspected of alleged four-year long money laundering turning approximately 140 million lats, is the wife of the leading Constitutional Protection Bureau counterintelligence employee Aigars Bors.

Foreigners do not covet Jurmala City land

Jurmala City land market has not witnessed any significant changes during the year, although foreigners are willing to purchase apartments in new projects buildings, they do not covet land.

Global mobile phones sales increase by 35% in 2010

During the third quarter of 2010, 417 million mobile phones have been sold throughout the world – 35% more than during the third quarter last year, indicates the technology analyst company Gartner data.

Estonian Public Prosecutor searches Rimi offices on suspicion of conspiracy

Estonian competition authorities have searched Rimi offices on suspicion of cartel agreements aiming to increase dairy prices.

Heating season start reduces energy «spot» price

Despite the last two months electric energy price climb in the Baltics region, October reported slight price drop, propelled by the growing electric energy demand connected with the heating season start and output growth in cogeneration plants, the business portal BNN was informed by the electric energy trader SIA Enefit spokesman.

Estonia’s economy grows by 4.7%

During the third quarter of 2010, the Estonian economy has increased by 4.7%, indicates the Estonian Statistical Bureau data.

Reduced VAT rate could be raised to 15 %

Next year the value added tax rate for medicinal products, public transport, books, hotel business and heating could be raised from the present 10% to 15% or even 21%.

Latvia Motor Insurers’ Bureau: car owners prefer reimbursements in cash

Along with the economic downturn the number of road traffic accident victims – vehicle owners – who prefer receiving indemnity in cash, not as insurer’s paid repair service, is growing, admitted the experts at Motor Insurers’ Bureau of Latvia.

Sugar price climb expected

Both leading traders in Latvia - Rimi and Maxima - procurement managers have already received information from wholesalers on sugar price rise.

Riga City Council opposition: Council prepares «festivities budget»

The Deputies of parties New Era and Citizens’ Union, which are representing the party association Unity at Riga City Council, are up in arms how Riga Municipality’s budget funds and previously accumulated means are carelessly and recklessly spent.

Estonia reports 11% tourism turnover growth

In nine months of 2010, 1.9 million foreign and local tourists stayed at accommodation establishments in Estonia, which is 11% more than in the exact period of 2009.

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