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Saturday 04.04.2020 | Name days: Valda, Herta, Ārvalda, Ārvalds

Most valuable Latvian land cadastral value drops

The cadastral value of several most valuable Latvian real estate decreased significantly last year.

Export in Latvia hits a new record

The growth in export, broken down by year, has hit a new record, but the increase in the external environment is not as favourable as it was at the beginning of the year, believe the economists.

More than a billion worldwide lack food

The number of undernourished people, especially children, has increased over the recent years. More than a billion people worldwide are currently suffering from poor nutrition, according to the latest Global Hunger Index data.

Export grows by 28.3%, import - by 15.7%

In the first eight months of the present year, export has reached 2.86 billion lats, which is 28.3% more than in August, 2009. While import forms 3.55 billion lats, which is 15.7% more than in the previous year.

Lattelecom profit decreases by 31.8%

The consolidated profit of the telecommunications enterprise Lattelecom in 2009 after the tax deduction accounted for 20.26 million lats, which is about 31.8% less than in 2008, when the concern earned 29.7 million lats.

Eurozone investors exaggerate with judgements on austerity measures

The investors, who invested in the eurozone bond markets, are accused of instinctive statements that have affected the judgments on the European countries non-fulfilment of obligations. In this way, a situation was created where the financial markets were able to «pressurize» the weaker countries to excessively reduce the budget.

Unemployment rate drops to 14.6%

The registered unemployment rate at late September 2010 went down to 14.6%.

Food producers abroad pushed out by local protectionism

Several Latvian food industrialists have experienced considerable protectionism abroad, promoted by the local producers.

Oil and fuel price to grow

Although other European countries are not witnessing sharp price climb, fuel in Latvia has become more expensive, as it is influenced by the oil price increase in the global Stock Exchange.

TM Security loses security company license

The security company TM Security, which has been involved in several scandals, has lost its security company license.

Is latvian lawyer Martins Kveps master of falsified shareholders' meetings?

The Dutch Investment Company Geit B.V., one of the largest foreign investors in the Port of Ventspils, filed two criminal complaints against the notorious lawyer Martins Kveps for falsifying two Shareholders’ Meetings of AS Kalija Parks and AS Ventspils Commercial Port.

airBaltic makes advance payment for airport's services

The national airline airBaltic has made the requested advance payment for the services provided by the Riga International Airport.

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