Latvia: bread consumption down in 2018

There was a slight drop in bread consumption in Latvia last year, according to Latvian Bakers’ Association board chairman Karlis Zemess. He says the bread market is not stable and that it has a tendency to decline due to the reducing bread consumption, which in turn is caused by the ongoing population decline, promotion of…

Latvia: construction costs up in September 2018

Compared to August, the level of construction costs in Latvia rose by 0.5% in September. Labor remuneration of workers increased by 1.2%, maintenance and operational costs of machinery and equipment by 0.5%, and prices of building materials by 0.1%. In September the average level of construction costs was mostly affected by the increase in labor…

Latvia: Defense Ministry performs final assessment of 4×4 tactical transport procurement

Defense Ministry currently performs the final assessment of procurement offers for 4×4 light and medium-sized tactical transports for the country’s National Armed Forces. Talks regarding procurement of 4×4 light and medium-sized tactical transports were organized in two stages. Twelve contenders submitted applications for the first stage. Defense Ministry’s procurement commission picked six for the second…