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Friday, 19.09.2014, 08:48
Liepajas metalurgs investors are haunted by scandals and lawsuits, the Latvian magazine "Ir" reports, cites LETA/Nozare.lv.
Keyword tags: Baltic States – CIS, Investments, Latvia, Legislation, Markets and Companies, Metals Market
The Competition Council in Lithuania has been authorised to continue applying fines equal to 10% of a company's gross annual income, reports LETA/ELTA.
Latvian Saeima approves extension of tax payment terms for companies suffering from Russia's sanctions18.09.2014
Saeima passed several draft bills in the final reading today stipulating deferred or split tax payments for companies that have delayed tax payments due to Russia's restrictions on food import.
One of the largest chocolate manufacturers in Russia Pobeda Confectionery plans to open a chocolate factory in Ventspils in 2015, Ventspils Mayor Aivars Lembergs (For Latvia and Ventspils) said in a press conference yesterday, cites LETA.
President of Lithuania Dalia Grybauskaite met with the Director General of the International Labour Organisation, Guy Ryder, to discuss measures for boosting youth employment and fighting illegal work, the presidential press service said.
During a video conference today, Latvian Agriculture Minister Janis Duklavs and Polish Agriculture and Rural Development Minister Marek Sawicki said that if the European Commission would like to offer the appropriate support to the farmers hit by the Russian food embargo, the EU's agriculture budget would have the necessary resources, informs LETA/Nozare.lv.
Estonian farmers held a milk action day on Wednesday in Tallinn, offering free milk to people in the central Vabaduse Square, to call people to consume more and to parliament members in Toompea to remind state leaders the need to support the dairy industry, LETA/Public Broadcasting reports.
Latvian supermodel Ginta Lapina is involved in two lawsuits with her former agency, according to New York newspaper NY Daily News, cites LETA.
Record-breaking Post-Panamax category containership Piera left Klaipeda Seaport on Wednesday and is heading to Iran. It was loaded with the record amount of Lithuanian export grain – the biggest in the history of Klaipeda Seaport, informs LETA/ELTA.
The Riga Regional Court overturned an earlier court decision ordering the authorities to freeze bank accounts of 25 companies involved in a legal dispute between NP Business Center and the Nordic Partners Limited group, which also includes NP Foods group companies, such as the joint-stock confectionery Laima.
The EU institutions agreed to create a special € 6 billion Youth Employment Initiative (YEI) financial support for those states and regions that experience high youth unemployment and inactivity. The Youth Guarantee is both a structural reform to drastically improve school-to-work transitions and a measure to immediately support jobs for young people. Two Baltic States are eligible to EU funding, i.e. Latvia and Lithuania.
According to pre-audited data during the eight months of 2014, the Group consisting of Grigiskes AB, Baltwood UAB, Klaipedos Kartonas AB, Mena Pak PAT, and Klaipeda Recycling UAB achieved the consolidate sales turnover of LTL 232.3 million (EUR 67.3 million). It is LTL 17.5 million (EUR 5.1 million) or 8.1% more than during the eight months in 2013, the group reported LETA/ELTA.
During a meeting with the visiting Crown Princess of Sweden Victoria today, President of Latvia Andris Berzins said that he sees Sweden as a good partner in finding new export markets in the future.
European Parliament member Tatjana Zdanoka (Latvian Union of Russians) is the only MEP from Latvia who yesterday voted against the European Union's (EU) Association Agreement with Ukraine, which also includes the free trade agreement, as the voting results indicate.
Latvian alcoholic beverage producer joint-stock Latvijas balzams will produce a special limited edition vodka called ''The Queen'', dedicated to the legendary rock-group ''Queen'', the group's guitarist Brian May said.