Compared to the same period of 2020, freight carried in transport by land and pipeline grew by 4.5%, but at ports it fell by 9.6% in the first half of 2021. 48.5 million tons of freights were carried by land and pipeline transport, up by 2.1 million tons or by 4.5%, according to data from…
As of September 1, the organization of road traffic on Marijas and A.Caka Street has been changed: only one bicycle lane remains, as reported by Riga City Council’s Transport Department. The lane is currently undergoing re-marking. A public transport and road transport lane is established in the direction from the city center. Organization of road…
In April-June, GDP at current prices was EUR 8.1 billion. As compared to the previous quarter, GDP went up by 4.4% (according to seasonally and calendar adjusted data at constant prices). Compared to the same period of the previous year, a drop in agriculture was estimated at 3.1%, but in forestry and fishing there was…
Latvian company Dizozols Investments has implemented one of the biggest investment attraction projects in the Baltic States. By using crowdfunding platform Crowdestor, the company has managed to attract investments worth EUR 2.77 million from more than 3,500 investors, as reported by the company. The finalized investment project is one of the biggest crowdfunding projects on…
The decision made by the Latvian Competition Council mentioned that members of the construction cartel were involved in at least 70 procurement projects the total value of which was close to EUR 687 million. The cartel investigation period reaches as far back as 2011 all the way to 2019. The total turnover of companies involved…
Latvian Saeima’s Defense, Internal Affairs and Corruption Prevention Committee decided to conceptually approve the option on letting services providers work as usual as long as they had a negative Covid-19 test result. They will need to cover related expenses on their own, however. This may not apply to employees of healthcare and public institutions. The…
The situation with Latvia’s state budget is good at the moment, Minister of Finance Janis Reirs has said. “If we look at data from the first half-year and July, the situation looks good. Revenue is up by about 6% when compared to last year and 1.7% ahead of planned budget revenue,” said Reirs. The minister…