Budget, Investments, Latvia, Legislation, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Tuesday, 18.06.2013, 11:21
Dombrovskis: state companies should have opportunity to invest in their development
Nina Kolyako, BC, Riga, 03.07.2012.
Print version
Print versionThe question of dividends paid by state-owned companies will be considered during the work on the 2013 state budget, Prime Minister Valdis Dombrovskis' (Unity) press secretary Martins Panke told LETA.
 |
|---|
The premier explains that during the financial crisis the government-run companies had to transfer their profits to the state budget, which was necessary in order to reduce budget deficit and soften the budget consolidation measures' impact.
However, now that the financial situation in Latvia has been stabilized, state-owned enterprises should be given more opportunities to invest in their development, which will increase their competitiveness in the Baltic region.
There are 142 companies in Latvia where the state is a shareholder, including 69 that fully belong to the state of Latvia.
Other articles:
- 18.06.2013 EU agreements favour Baltic’s economy
- 18.06.2013 Instead of a world class scientific research centre IBM in Lithuania – only a debt
- 18.06.2013 Компанией airBaltic интересуются 2 инвестора
- 18.06.2013 Конкурс на аренду новых поездов в Латвии может быть объявлен уже в июле
- 18.06.2013 Tele2: в Латвии мобильным интернетом пользуются 40% населения
- 18.06.2013 В мае выросла заполняемость мест в самолетах airBaltic
- 18.06.2013 Fortum Klaipeda doesn’t bring much price reduction for heating
- 18.06.2013 Estonia is the next chairman of Internet Freedom Coalition
- 18.06.2013 Все лицензии страховой компании Balva аннулированы
- 18.06.2013 Estonian PM: patriarch Kirill's visit is a sign of improving relations
Common European and global issues for G-8 summit 
