Freight volume handled in the Port of Liepaja in January-April fell by 22.7% YoY, to 2,169,600 tons. In the reporting period, transshipment of grain dropped by 2.2%, to 903,600 tons, anthracite – 5-fold, to 109,200 tons, and construction materials – by 2.9%, to 271,900 tons, while transshipment of oil products grew by 32.8%, to 166,700…
In March the foreign trade turnover of Latvia amounted to EUR 2.42 billion, which at current prices was 5.1% less than a year ago, of which the exports value of goods dropped by 0.7%, but imports value of goods – by 8.4%. In March, Latvia exported goods in the amount of EUR 1.1 billion, but…
Cabinet of Ministers has agreed to invest up to EUR 250 million into airBaltic base capital, Prime Minister Krisjanis Karins has announced after the government meeting. Transport Minister Talis Linkaits explained after the meeting that this decision would help increase the state’s share in the company to 91%. This investment will be coordinated with the…
Following a request from Latvia’s Transport Ministry, airBaltic airline will perform flights to and from Amsterdam on May 11 and 12 to carry employed persons back to Latvia and ensure other employed persons are able to reach their workplaces in other EU member states. Each flight will carry up to 141 passengers, the airline reports.…
Compared to February, the level of construction costs in Latvia grew by 0.1% in March. Prices of building materials increased by 0.5%, but labor remuneration of workers, as well as maintenance and operational costs of machinery and equipment – reduced by 0.4%, according to the latest data from the Central Statistical Bureau of Latvia. In…
To contribute to economic recovery under conditions of the crisis caused by COVID-19, political parties forming the coalition agreed to allocate EUR 75 million for road infrastructure projects. Prime Minister Krisjanis Karins told journalists after a meeting of the coalition council on April 27 that most of the meeting was spent discussing economic recovery topics…
When compared to 2019, total electricity consumption in March declined 5%. This shows the state of emergency in Latvia negatively affects electricity consumption, AS Sadales tikls board chairman Sandis Jansons has declared. He says during the state of emergency Sadales tikls’ duty before the state and society is ensuring uninterrupted supply of electricity without delays…