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Tuesday, 19.05.2026, 12:21
330,000 people have been to Latvian pavilion at "World Expo 2010"
330,000 people have visited the Latvian Pavilion and the Aerodium wind tunnel at "World Expo" in Shanghai so far at end-June, as Aerodium representative told the business portal Nozare.lv.
Dombrovskis: crisis is not the right time for selling shares in state-owned companies
The ongoing economic crisis means that it is not the best time for selling shares in state-owned companies, but as financial markets recover, the matter of privatization could come back onto the agenda, said Prime Minister Valdis Dombrovskis (New Era) in an interview with the Latvijas Avize newspaper.
How to discharge the record of company’s legal address in Latvia?
Question: The legal address of a company has been registered at the apartment upon mutual agreement of both owner of the apartment and owner of the company. After that the company has stopped communicating with owner of the apartment, as well as to take out the correspondence. The location of the company’s owner is unknown. The owner of the apartment has submitted an application to the Register of Enterprises, which promised to impose a fine on the company. However nothing changed since then as the correspondence is still being sent to the apartment’s address. How to discharge the registration entry of legal address and what might be the consequences for the owner of the apartment in case of company’s bankruptcy?
Swedbank seeks bankruptcy of Estonian window maker Glaskek
Sweden's banking group Swedbank seeks bankruptcy for window maker Glaskek after loosing faith in successful restructuring of the company; the bankruptcy application by Swedbank was filed on June 22, LETA/BBN reports, referring to Aripaev.
Rimi earned a loss of 61 mln kroons in Estonia in 2009
While in the year 2008, Rimi Eesti Food earned a profit of nearly 60 million kroons, in 2009 the retail enterprise earned a loss of 61.6 million kroons, writes LETA/Postimees Online.
Establishing LLC in Latvia: procedure for making property contributions to the equity capital
Question: I would like to establish a limited liability company and pay-up the equity capital by property contribution. What kind of property can be contributed to the equity capital of LLC and how the valuation of material contribution shall be carried-out, as well as in what cases will I need the help of experts for valuating the material contribution?
Meat producer Rigas miesnieks allowed to acquire rival Jelgavas galas kombinats
On June 8 2010, the Competition Council gave permission for the merger which will allow meat producer Rigas miesnieks to acquire a controlling stake in rival company Jelgavas galas kombinats, the business portal Nozare.lv was informed by Competition Council representative Inita Kabanova.
First shopping festival to start in Lithuania in July
On July 9 2010 in Lithuania will take the first shopping festival titled "Akropolis Kaunas Grand Shopping Festival 2010", LETA/EIN Presswire reports. Duration of the first shopping festival "Akropolis Kaunas Grand Shopping Festival 2010" is scheduled to be three days.
Estonia fared well in Eastern European Doing Business list, Lithuania and Latvia follow next
According to the Doing Business 2010 index, Estonia ranks second closely behind Georgia among Eastern European countries in the list that measures how easy is doing business in different states, writes LETA/Postimees Online. Ranking third in the index on Eastern Europe is Lithuania which is followed by Latvia.
Kubilius and Sidorsky opened construction material and services centre OMA in Minsk
Lithuania is a reliable bridge for Nordic investment in the East, said Prime Minister Andrius Kubilius at a solemn opening of the construction material and services centre OMA in Minsk together with Prime Minister Sergei Sidorsky of Belarus on Monday.
Estonia ranks second in Europe in terms of use of opiates
The latest World Drugs Report indicated that Estonia ranks second in Europe in terms of use of opiates, writes LETA/National Broadcasting.
Estonians’ consumer confidence in June improved by 2 points
According to the June 2010 consumer barometer survey carried out by the Estonian Institute of Economic Research, the consumer confidence indicator was –3, improving by 2 points in comparison to the month of May, writes LETA/Postimees Online. The consumer confidence indicator has been moving in a positive direction since March 2009 and has by now risen to the highest level in the past two years.
How to appeal against the decision of the Register of Enterprises in Latvia?
Question: Few days ago I found out that the equity capital has been increased in a company (limited liability company) where I used to own 50% of the capital without my participation. As a result my part in that company reduced to 10%. What shall I do in the current situation? Is it possible to appeal against the decision of the Register of Enterprises in respect of increasing equity capital, which I believe is illegal?
Liviko boost exports volumes by 15% in 2009
In 2009, Liviko exported 3.66 million litres of alcohol – 28% of all of its sales volume, writes Äripäev.ee/LETA. Thus, the alcohol producing enterprise increased exports volumes of its products by 15% in comparison to the year 2008.
EC could penalize Latvia for failure to implement media directive
The European Commission (EC) has warned Latvia and 11 other EU member-states about non-implementation of the Audiovisual Media Services Directive, deciding to forward to Latvia its argumentation on the breach, as LETA was informed by EC Representation in Latvia spokesman Janis Krastins.
«The Baltic Course» Is Sold and Stays in Business!
