Markets and Companies

International Internet Magazine. Baltic States news & analytics Sunday, 11.12.2016, 11:59

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Heating tariffs in Riga to slightly grow in December

Heating tariffs in Riga to slightly grow in December

09.12.2016

Heating tariffs in Riga will slightly grow in December compared to November – to EUR 42.54 per MWh (VAT excluded), Linda Rence, a representatives of Rigas Siltums municipal heating company said LETA.

Keyword tags: Energy, Energy Market, Latvia, Markets and Companies



Dobeles Dzirnavnieks wins Leading Exporter award this year

Dobeles Dzirnavnieks wins Leading Exporter award this year

09.12.2016

At the annual Export and Innovation Award Ceremony, organized by the Economics Ministry and Investment and Development Agency of Latvia (LIAA), this year's Leading Exporter award was presented to the joint-stock flour producer Dobeles Dzirnavnieks, as the LIAA informed LETA.

Centenary celebrations to cost Latvia around EUR 60 million

Centenary celebrations to cost Latvia around EUR 60 million

09.12.2016

The total cost of the various events marking the 100th anniversary of the Republic of Latvia in 2017-2021 may amount to EUR 59,075,947, according to the Culture Ministry's report on the 100th anniversary celebrations plan for 2017-2021 that the government will review next week, writes LETA.


Number of passengers served at Riga port grows 8% y-o-y in 11 months

Number of passengers served at Riga port grows 8% y-o-y in 11 months

09.12.2016

The number of passengers served at the Riga port reached 530,745 in January-November this year, growing 8% compared to the 11-month period last year, the port said LETA.

Declaration of the Baltic Prime Ministers on Regional Gas Market Development

Declaration of the Baltic Prime Ministers on Regional Gas Market Development

09.12.2016

We, the Prime Ministers of Estonia, Latvia and Lithuania, meeting in Riga on 9 December 2016 on the occasion of a Baltic Council of Ministers hereby adopt the following Declaration


08.12.2016

Electricity flowed unusually in Latvia-Estonia and Estonia-Finland directions in November

In November an unusually big amount of electricity flowed from Latvia to Estonia and from Estonia to Finland, compared with the usual trend of flowing from the Nordic countries to the Baltic countries, the Estonian transmission system operator Elering reports LETA.

08.12.2016

The average level of consumer prices in Latvia increased by 1.3%

The latest data of the Central Statistical Bureau (CSB) show that during the year* (in November 2016, compared to November 2015) the average level of consumer prices increased by 1.3%. Prices of goods grew by 0.6% and prices of services by 2.9%.

08.12.2016

Ferry Leiger expected to reach Estonia this weekend

Leiger, the first of the brand new ferries delivered to the ferry operating arm of the Estonian state-owned company Port of Tallinn, is expected to reach Estonia this weekend, writes LETA.

08.12.2016

Latvia continues to lag behind Baltic Sea region's average level

Latvia continues to lag behind the Baltic Sea region’s average level as its standing in the Baltic Sea Index has decreased by 6.8 points, according to Swedbank’s latest Baltic Sea Report.

08.12.2016

Henri Kaasik-Aaslav became the new CEO of Hansabuss in the Baltics

As of this week, Hansabuss, one of the largest bus transportation companies in the Baltics, is headed by Henri Kaasik-Aaslav as CEO, representative Hansabuss informed BC.

07.12.2016

Additional revenues from raised micro-enterprise's tax will go to social contributions.

Additional revenues from the raised microenterprise tax rate next year would be paid into the social budget, Prime Minister Maris Kucinskis (Greens/Farmers) told the press today.

07.12.2016

Lithuania's rate of smokers above EU average - Eurostat

The average share of smokers of cigarettes in Lithuania is higher than that in the rest of the European Union, Eurostat said on Wednesday.

07.12.2016

Balta insurer pays record-high EUR 4.85 mln indemnity for damage caused by fire at Lignums plant

Balta non-life insurer has paid a EUR 4.85 mln indemnity to Latvijas Finieris wood processing company for the damage brought by a fire that destroyed the company's Lignum plant in 2014, reports LETA.

06.12.2016

Elering announces tender for construction of Estonian-Latvian power connection

The Estonian transmission system operator Elering has announced a public procurement to find the designer and constructor of the Estonian section of the third Estonian-Latvian power connection, the total cost of which will be 172 mln euros, reports LETA/BNS.

06.12.2016

Estonian farm minister resigns after less than 2 weeks on the job

Estonia's Minister of Rural Affairs Martin Repinski handed his letter of resignation to Prime Minister Juri Ratas on Tuesday, less than two weeks after the new government was sworn in on Nov. 23, reports LETA/BNS,

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