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Sunday, 30.08.2015, 08:51
Joint-stock shipping company Latvijas Kugnieciba (Latvian Shipping Company) and its subsidiaries (LSC Group) posted USD 45.81 million in total revenue in the first half of the year, which was by 3.3% less when compared to the same period last year, reports LETA, according to the company's financial report presented to the NASDAQ OMX Riga stock exchange.
Latvian Construction Control Office: 89% educational establishments are in excellent or good condition28.08.2015
The State Construction Control Office in Latvia had inspected 261 educational establishments in Latvia by August 25, which is 40% of all buildings the office has visited so far this summer. The majority of the inspected educational establishments, 89%, are either in excellent or good condition, according to the office.
Joint-stock oil company Ventspils nafta and its subsidiaries operated with EUR 21.22 million in profit in the first half of the year 2015, reports LETA, according to the company's financial report submitted to the Nasdaq Riga Stock Exchange, cites LETA.
On August 27th, Latvia's Economy Minister Dana Reizniece-Ozola paid a visit to Lithuania's liquefied natural gas (LNG) terminal. She believes Latvia could purchase gas from Lithuania only for a competitive price, reports LETA/ELTA, referring to Vakaru ekspresas.
During an emergency meeting on August 27th, the government of Latvia discussed budget cuts in 2016 and agreed that ministries' spending would be reduced 3% or EUR 12.4 million in total, but spending cuts will not concern four priorities – defense, security, healthcare, and education, informs LETA.
During a special press conference on August 27th, Riga Mayor Nils Usakovs (Harmony) said that approximately 60,000 to 70,000 foreign guests are expected to arrive in Riga for this year's European Men's Basketball Championships (EuroBasket 2015), reports LETA.
With about 70,000 fans expected to converge on Riga from abroad for the European Championship ("EuroBasket" 2015), the Latvian beer giant Aldaris is gearing up for the event with special set-ups in a number of host bars in Old Town and downtown, and a cordoned-off zone at the Freedom Monument, reports LETA.