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Tuesday, 22.07.2025, 07:23
PM Straujuma: rumors about price of Citadele false
Public rumors about the price for acquisition of Citadele Bank are false, Prime Minister Laimdota Straujuma (Unity) said in an interview with the Latvian Television (LTV) show "Rita panorama" today, cites LETA.
Conference "International Real Estate Investments in Latvia 2014" to take place in Riga
The annual conference "International Real Estate Investments in Latvia 2014" will take place on 30 October 2014 in the conference hall at the Radisson Blu Hotel Latvia, reported BC marketing coordinator Kristine Spundina.
China's Xinhua state news agency opens office in Vilnius
An office of China's state news agency Xinhua has been officially registered in Vilnius, with a staff of five people working since the beginning of 2014, reports BNS.
Lithuanian PM promises investors to improve business climate
Prime Minister Algirdas Butkevicius attended the international conference 10 Years with the European Union Investing in Lithuania's Future, which was organised on the occasion of the fifteenth anniversary of Investors' Forum activity. The prime minister highlighted the improvement of business climate, reports LETA/ELTA.
For better jobs and increased growth in Europe: Eurogroup meeting
Jyrki Katainen, new Vice-President of the European Commission and Commissioner responsible for EMU and the Euro focused at the recent informal Ecofin meeting in Milan on issues that are important for the member states in the pursuit of better economic growth and jobs. He mentioned structural reforms, stable fiscal policies and investments.
Italians to establish biomedical engineering research centre in Kaunas
Kaunas University of Technology and Italian company Gruppo Fos signed a cooperation agreement on 11 September for the establishment of a biomedical engineering research centre in Santaka Valley, Kaunas, reported BC the pres service of KTU.
Lipmans: Liepajas metalurgs was bought by Russian controversial company
Liepajas metalurgs buyer KVV Group is a Russian, not Ukrainian, company, one of the candidates to buy the company whose bid was rejected, Kirovs Lipmans said in an interview with Latvian State Television today, cites LETA.
Investment project from Yunitskiy in Siauliai – threat to national security?
Leader of the Seimas Opposition in Lithuania Andrius Kubilius says the investment agreement conducted between Siauliai City Municipality and creators of the so called string transport is a threat to national security, informs LETA/ELTA, referring Siauliu krastas.
Lithuania lures Norwegian business with low wages
Lithuania wants to create jobs through Norwegian businesses, offering financial zones with zero tax, and highly-educated, hardworking employees. In the last five years, Norwegian investment in the country has doubled, the government agency Invest Lithuania said, cites LETA/ELTA.
KVV Group plans to resume Liepajas metalurgs production in 2014
Ukraine's KVV Group intends to invest EUR 30 million into Latvian metallurgical company Liepajas metalurgs and resume production already in 2014, the company's owner Valery Krishtal told the business information portal Nozare.lv, cites LETA.
Loginovs: business owners not ready to invest into moving to Krievu island
"Complaints that came from business owners and state officials where completely unnecessary, as I operate following the decisions made by the board," the Freeport of Riga's controversial CEO Leonids Loginovs said in an interview with LTV, adding that the Freeport of Riga board's complaints were based on selfish interests, informs LETA.
Preliminary contract between Liepajas metalurgs and KVV Group signed
Liepajas metalurgs insolvency administrator Haralds Velmers has signed a preliminary agreement with the Ukrainian company KVV Group on the acquisition of Liepajas metalurgs, Velmers informed the business portal Nozare.lv, cites LETA.
Lithuania needed 10 years to open the new Central Klaipeda Terminal
Lithuania needed as much as 10 years to open the new Central Klaipeda Terminal for passengers and cargo, informs LETA/ELTA, referring to Vakaru ekspresas.
Nationalsts’ proposal to suspend issuing residence permits to Russians rejected by Saeima
Saeima decided today to reject the amendments to the Immigration Law proposed by All for Latvia! – For Fatherland and Freedom/LNNK (VL-TB/LNK), stipulating that in order to prevent threat to national security, the government has to suspend issuing residence permits to Russian citizens, informs LETA.
Latvian MFA and EIB president discussed Latvia’s EU Presidency priorities
On 9 September, the Foreign Minister of Latvia, Edgars Rinkevics, met with the President of the Management Committee of the European Investment Bank (EIB), Dr. Werner Hoyer, and Vice-Presidents, Pim van Ballekom and Wilhelm Molterer, reports Latvian MFA.