Daily magazine about Latvia www.latviannews.lv
The power and prestige of the country depend primarily on the talent and ability of its people.
Thatcher Margaret
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1718

Latvian logging industry expects slight turnover and export volume increase

Latvian timber producers expect an increase in turnover and export volumes in 2017, says CEO of Latvian Wood Industry Federation Kristaps Klauss.
1741

Grindeks turnover in Baltic State grew 11% in 2017

Grindeks’ turnover was EUR 95.9 million in the first nine months of 2017, which is EUR 23.5 million or 32% more than in last year’s period, according to unaudited financial accounts submitted to Nasdaq Riga.
1724

Kučinskis: Latvian ports should attract cargoes from Belarus

«Latvia is interested in trilateral cooperation with Belarus and China, especially in regards to attraction of cargoes from Great Stone industrial park for Latvian ports,» says Latvian Prime Minister Māris Kučinskis.
1775

Svarenieks: there could be a deficit of certain vegetables in spring

Cold and damp weather that has negatively affected the vegetable harvest in Latvia, will also affect the vegetable processing sector in spring because of a deficit of certain vegetables, says vegetable and fruit processing company Kronis board member Aivars Svarenieks.
1799

Expert: real estate transaction volume this year may reach 100 million euros

The volume of commercial real estate transactions in Baltic States may exceed EUR 1 billion. Latvia, meanwhile, remains behind its neighbouring countries because the volume of transactions in the country may reach EUR 100 million, says CEO of Colliers International Deniss Kairāns.
1842

Antāne: lost Russian cargoes have cost Latvia nearly 50 million in nine months

Latvia’s economy has lost nearly EUR 50 million in nine months because of missed Russian transit cargoes. While Russian Railway had approved 90% of oil and coal cargoes for transit through Ventspils port at the beginning of the year, this amount had declined to a mere 5% by September, says Baltic Association – Transport and Logistics President Inga Antāne.
1851

Study: taxes for business in Latvia – the most attractive among Baltic States

Latvia’s tax system is the most attractive among Baltic States and 13th most attractive among 190 countries of the world, according to the latest study performed by the World Bank and PricewaterhouseCoopers on tax systems around the world.
1816

Programme: introduction of ‘honest’ taxi counters is stuck

Taxi drivers that had to replace their counters as far back as 15 October, continue delaying the process, as reported by De Factor with reference to State Revenue Service.
1804

airBaltic carried more than 4,780 in flights between Riga and Liepaja

In the first six months since airBaltic has started performing regular domestic flights between Riga and Liapaja more than 4,780 passengers have been carried on this route.
1915

Riga International Airport Continues Its Modernisation Supported from the Cohesion Fund

Continuing work on the development and improvement of the infrastructure of Riga International Airport, in order to meet the needs of the increasing number of passengers and flights, this autumn the Airport will start implementing an ambitious project financed from the European Union Cohesion Fund.
Photo
Celebrations the 25th anniversary of the fall of the Berlin Wall
Entertaiment & Arts

Producer: many young people come to work in the film industry

Latvia’s film industry has been steadily growing these past several years, and it is especially gratifying that many young people are coming to work in the industry, says director and producer, representative of Film Angels Productions Jānis Kalējs.