Latvia

International Internet Magazine. Baltic States news & analytics Tuesday, 17.01.2017, 10:51

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Sale of KVV Liepajas Metalurgs to start in February

Sale of KVV Liepajas Metalurgs to start in February

17.01.2017

Guntars Koris, the administrator of the insolvent KVV Liepajas Metalurgs steel plant will complete the sale plan by the end of January, thus, the official sale procedure will start in February, the administrator’s representative Dzintars Hmielevskis reported LETA.

Keyword tags: Financial Services, Latvia, Markets and Companies



Press subscription in Latvia down 4.2 % in 2017

Press subscription in Latvia down 4.2 % in 2017

17.01.2017

Press subscription in Latvia has dropped by 4.2 % to 398,722 subscriptions for 2017, Latvian national postal company Latvijas Pasts reported LETA.

November was a record month in the Latvian export of wood products

November was a record month in the Latvian export of wood products

17.01.2017

According to the data of the Central Statistical Bureau (CSB), the Latvian external trade turnover dropped slightly (0.6%) month-on-month. Within a month, the goods export and import values dropped by 0.1% and 1.1% respectively. Year-on-year, the goods export and import values posted positive growth by 3.4% and 3.2% respectively, which is a good performance, given the still low level of external demand.


Swedish Trelleborg Wheels Systems to fully move its wheel systems plant to Liepaja

Swedish Trelleborg Wheels Systems to fully move its wheel systems plant to Liepaja

16.01.2017

Swedish company Trelleborg Wheels Systems has decided to fully move its wheel plants to Trelleborg Wheel Systems in Liepaja, Liepaja municipality’s representative Evita Engele told LETA.

Latvian-led consortium to reconstruct Vilnius airport runway for EUR 18.7 million

Latvian-led consortium to reconstruct Vilnius airport runway for EUR 18.7 million

16.01.2017

Latvia's road construction company A.C.B., jointly with Lithuania's building firm Autokausta, is to reconstruct the Vilnius airport's runway for 18.713 mln euros, reports LETA/BNS.


16.01.2017

Small firm from Riga promises to invest EUR 40 mln in Moldovan airport's development

Polo Invest, a company whose registered office is an apartment in Riga, has applied to lease an airport in Moldova, promising to invest EUR 40 mln in the airport's development although the company's annual turnover has never exceeded a few thousand euros, according to TV3 broadcast Neka Personiga (Nothing Personal) reported last night writes LETA.

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