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RB RAIL switches to electronic procurement system

RB RAIL switches to electronic procurement system

20.10.2017.

Due to changes in the Latvian Public Procurement law, all Rail Baltica tender applications administered by RB RAIL AS onwards will be processed using free of charge electronic information system and its sub-system e-tender. The Electronic Procurement System (EPS) is currently an alternative to previous application and proposal submission system in Latvia that will completely replace the previous system of paper proposal submission, informed BC communications and government affairs manager Ilze Rassa.

Keyword tags: EU – Baltic States, Good for Business, Latvia, Legislation, Railways, Technology, Transport


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General government budget surplus amounts to 9.5 mln euros in Latvia in October

General government budget surplus amounts to 9.5 mln euros in Latvia in October

20.10.2017.

Results of the October 2017 Notification on General Government Budget Deficit and Debt[1] compiled by the Central Statistical Bureau (CSB) in line with the methodology of the European System of Accounts (ESA 2010) show that, in 2016 general government budget surplus accounted for EUR 9.5 mln or 0.04% of the Gross Domestic Product (GDP), whereas general government consolidated gross debt amounted to EUR 10 091.6 mln or 40.6% of the GDP.

Keyword tags: Analytics, Budget, Financial Services, GDP, Latvia


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Modern city: sustainability vs. “mega-projects” in Latvian development

Modern city: sustainability vs. “mega-projects” in Latvian development

06.03.2017.

Managing urban areas has been always one of the most important development challenges for city planners. During last decades, cities have been developed in a strictly “human & sustainable” way: everything for city’s dwellers! However, nowadays it’s easy to evaluate the “optimal city” –its development has to be in line with the sustainability concept adopted by the UN and in effect from January 2016.

Keyword tags: EU – Baltic States, Investments, Latvia, Real Estate, Round Table


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eCom21 conference as the world in miniature - work and holiday

eCom21 conference as the world in miniature - work and holiday

17.10.2017.

On the eve of Independence Day, on 16-17 November, the VI International forum on e-commerce issues - eCom21 will be held in Riga. Traditionally, this business conference, which gathers together several hundred professionals from all over the world, is held during the days when this Baltic country celebrates its main public holiday in a bright and festive way. As always, surprises are being prepared for guests of eCom21 - a special ecom programme, beyond the premises of the conference hall, informed BC Rietumu bank’s press service.

Keyword tags: Baltic States – CIS, EU – Baltic States, Financial Services, Forum, Latvia, Technology


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