Daily magazine about Latvia www.latviannews.lv
The worse the man the better the soldier.
Napoleon I
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254

Latvia shipped 11.7% more oil products in Q1 2018

As part of the postponed excise tax payment regime, the volume of oil products shipped from Latvia in Q1 2018 was 13,869 or 11.7% larger than the one recorded in the same period of 2017, according to data compiled by the State Revenue Service.
312

Number of complaints about taxi services at Riga International Airport on a rise

The number of complaints about taxi services at Riga International Airport continues to increase, said the airport’s board chairperson Ilona Līce in an interview to 900 seconds programme of LNT.
295

Banks to report private persons whose account turnover exceeds EUR 15,000

From 18 May onward, banks will have to report private persons whose annual account turnover exceeds EUR 15,000, as provided by the Cabinet of Ministers’ supported order, under which the State Revenue Service is to be provided with information about a private person’s turnover and balance.
278

Rietumu Bank will Pay Dividends from the Profit for 2017

This week JSC “Rietumu Banka” shareholders’ meeting took place in Riga. Rietumu Bank’s and Group’s Annual report for the year 2017 as well as the Report of Council and Board of Directors and KPMG Baltics Auditors report have been approved at the meeting.
254

Construction output rise in Latvia was more rapid than EU’s average level in Q4 2017

Compared to last year’s October-December, Latvia’s construction output in Q4 2017 grew 19.9%, which is a much more rapid rise than the average in the European Union, according to data published by Eurostat on Thursday, 17 May.
287

SEB Bank’s factoring portfolio up 41% in the first quarter of 2018

In addition, similar to the volume of goods and services of Latvia’s exporting companies, which had increased unexpectedly rapidly in Q1 2018 – by 15%, there has also been a significant increase for the number of factoring deals.
249

Latvia experienced a rapid increase in registration of new cars in January-April period

In the first four months of 2018, Latvia has experienced a more rapid increase of newly registered cars than the average in the European Union, according to information from European Automobile Manufacturers’ Association.
230

Second Rail Baltica railway line construction project announced in Latvia

Continuing the realization of activities associated with Rail Baltica project, RB Rail has announced the next procurement process, as confirmed by the company.
197

Coface: signs in business sector point towards economic decline risks

There is currently a rather optimistic situation across all business sectors and the country’s economy as a whole. However, considering the positive environment, the question for how long this period of economic growth will continue remains topical, notes international credit risk insurance company Coface manager in Baltic States Mantvīds Štareika.
211

Trasta komercbanka’s administrator recovered EUR 205,300 in April

The administrator of liquidated Trasta komerbanka recovered EUR 205,317 this year, according to information published in Latvian Herald.
Photo
Staro Rīga Light Festival
Staro Rīga offers an international programme of light and multimedia installations. Buildings, squares, bridges and monuments turn into unique pieces of light art, supplemented by performance art and musical and theatrical elements.
Entertaiment & Arts

Latvian conductor Nelsons wins Grammies in U.S.

Latvian conductor Andris Nelsons has added two Grammy music awards to his list of honours for the work with the Boston Symphony Orchestra.