Continuing established cooperation, State Revenue Service and Association of Hotels and Restaurants of Latvia will form a joint work group to propose legislative initiatives, SRS representatives say. On August 11, SRS met with leading officials of LVRA. According to SRS, the meeting helped address several important cooperation matters. An agreement was also reached in regards…
The price rise for butter in Latvia was affected by multiple factors. As a result, the price of butter grew to EUR 3-4.5 thousand per 1 ton in the second half of 2016. This year, however, the price has already grown to EUR 6.3 thousand per 1 ton, as reported by Latvian Association of Traders.…
During the meeting between Danish ambassador in Latvia Hans Brask and Riga Freeport CEO Ansis Zeltins, the two officials discussed the possibility of creating a new cargo and passenger ferry line between Denmark and Riga, as confirmed by the freeport’s representative Vita Gerharde. She said the ambassador visited Riga Freeport on August 9. The main…
In June Latvian foreign trade turnover amounted to EUR 2.15 billion, which at current prices was 19.2% more than in June 2016, of which the exports and imports values of goods were 12.2% and 25.1% higher, respectively. In June, Latvia exported goods in the amount of EUR 920.3 million, and imported goods in the amount…
Unemployment in Latvia was 7.2% at the beginning of July and 7.1% at the end. This is the lowest unemployment index in the country since 2009, according to data from the State Employment Agency. Compared with June, the country’s unemployment level has declined by 0.1% over the course of a single month. There were 66,708…
Cargo traffic at the Port of Liepaja in January-July grew by 21.5% YoY, to 3.6 million tons, the Port Authority statistics show. Shipments of coal surged 3.7-fold, to 829,100 tons, handling of wooden pellets increased 2.5-fold, to 157,100 tons, of building materials – by 14.8%, to 341,100 tons, of oil products – by 42%, to…
Latvian milk processing companies have successfully recovered from Russia’s embargo, and have found other export markets, says Central Union of Latvian Dairy Farmers chairman Janis Solks. “Even now many media outlets, including foreign ones associated with the former USSR system, are trying to provoke us by saying that we are still having problems because of…