Date: 02.05.2017.

International Internet Magazine. Baltic States news & analytics Thursday, 23.11.2017, 18:47

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Mego to cut share capital

Mego to cut share capital

02.05.2017

Retail trade company Mego will reduce share capital from the current EUR 3 mln to EUR 20,000, according to a statement printed in the government gazette Latvijas Vestnesis today wirtes LETA.

Keyword tags: Financial Services, Latvia, Markets and Companies, Retail



Agricultural area in Latvian holdings is growing

Agricultural area in Latvian holdings is growing

02.05.2017

Provisional data of the Farm Structure Survey 20161 compiled by the Central Statistical Bureau (CSB) show that, over the three recent years the average agricultural area on average managed per holding has grown by 19.6%.

The winners of the Rietumu Fintech Challenge 2017 are announced

The winners of the Rietumu Fintech Challenge 2017 are announced

02.05.2017

In Riga, Rietumu FinTech Challenge 2017, the largest competition for startups developing financial technologies in the Baltic States, was held for the third time.


Foreign travellers stayed in Latvia for a longer time in 2016

Foreign travellers stayed in Latvia for a longer time in 2016

02.05.2017

According to the latest data of the Central Statistical Bureau (CSB), in 2016 foreign travellers crossed the border of Latvia 6.8 mln times, which is 0.7% less than during the previous year. Last year foreign travellers spent EUR 645.2 mln in Latvia – EUR 97.0 mln or 13.1% less than in 2015.

Losses reduce subsequent risk taking among bettors – applies to many other risky decisions, too

Losses reduce subsequent risk taking among bettors – applies to many other risky decisions, too

02.05.2017

Psychologically, loss is known to cause about twice as much pain as pleasure caused by similar gain. However, earlier studies focusing on how prior outcomes affect subsequent risk taking have reported conclusions that appear mutually contradictory.


02.05.2017

Unity not to back tax reform plan before it has been thoroughly elaborated

Unity party will not back the tax reform plan, proposed by the Finance Ministry, before it has been thoroughly elaborated, Solvita Aboltina, the leader of the Unity faction in Saeima, said after a meeting with Prime Minister Maris Kucinskis (Greens/Farmers) today, writes LETA.

02.05.2017

Baltic RE Group buys 91.11% of shares in TER Properties

Latvia's real estate company Baltic RE Group has acquired 91.11% of shares in TER Properties that, through a subsidiary, owns real estate in a prime location in Riga, the company said in a statement to the Nasdaq Riga stock exchange.

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