Latvia

International Internet Magazine. Baltic States news & analytics Tuesday, 14.08.2018, 11:33

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Rail Baltica will essentially affect the construction market - experts

Rail Baltica will essentially affect the construction market - experts

14.08.2018

As a gigantic infrastructure project, Rail Baltica will essentially affect the Baltic construction market. It will attract major international contractors to the region, because of labour force shortage may bring back migrated workers from other countries and material recycling should be explored to save natural resources, the speakers in the Opinion Festival’s Baltic construction panel said. In the same, Tallinn – Helsinki tunnel would be a natural prolongation of Rail Baltica.

Keyword tags: Baltic, Construction, Estonia, Forum, Good for Business, Latvia, Railways



Construction output in Latvia grew by 31.6% in the 2nd quarter of 2018

Construction output in Latvia grew by 31.6% in the 2nd quarter of 2018

13.08.2018

The latest data compiled by the Central Statistical Bureau (CSB) of Latvia show that, compared to the 2nd quarter of 2017, in the 2nd quarter of 2018 construction output increased by 31.6% (according to calendar adjusted data at constant prices).

Merger of LMT and Lattelecom is inevitable in future – Baltcom

Merger of LMT and Lattelecom is inevitable in future – Baltcom

13.08.2018

In the future, the merger of mobile operator Latvijas Mobilais Telefons (LMT) and telecommunication company Lattelecom is inevitable, informs LETA referring to Nicolas Boissin, the head of the Latvian cable operator Baltcom.


Wess Motors Toyota car dealer raises sales by 17% in H1

Wess Motors Toyota car dealer raises sales by 17% in H1

13.08.2018

In the first half of 2018, Latvia’s Wess Motors Toyota car dealer raised sales by more than 17% against the same period a year ago, informs LETA referring to the Wess representatives.

There is shortage of low-qualified workforce – Orkla Confectionery & Snacks Latvija

There is shortage of low-qualified workforce – Orkla Confectionery & Snacks Latvija

13.08.2018

Availability of workforce is a big problem for food producers, and there is a big shortage of low-qualified workforce, informs LETA referring to Toms Didrihsons, the board chairman of Orkla Confectionery & Snacks Latvija food producer.


10.08.2018

Latvian unemployment unchanged at 6.4% in late July

The registered unemployment rate in Latvia was at 6.4 percent of the economically active population at the end of July this year, or unchanged from June, according to the State Employment Agency's data.

10.08.2018

Court declares Tosmares Kugubuvetava shipyard insolvent

Kurzeme district court on Thursday declared Tosmares Kugubuvetava shipyard insolvent, LETA learned from the court.

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