In April actual unemployment rate comprised 9.2%, up by 1.3% MoM. Unemployment rate registered by the State Employment Agency (NVA) accounted for 8% and, compared to March, it had risen by 1.2%. Unemployment rate increase may be observed also when comparing the data to the April of the previous year – of 2.7% in actual…
With permission from Transport Ministry, airBaltic will resume flights from Riga to Helsinki and Munich on May 25. From June 1 onwards, however, the airline will resume flights from Riga to Berlin, as reported by airBaltic representatives. airBaltic CEO Martin Gauss says the company is returning with a singular goal in mind – preserving positions…
This year road maintenance company Latvijas autocelu uzturetajs (LAU) has invested EUR 21.8 million into daily road maintenance, including winter road maintenance, worth a total of EUR 21.8 million, as reported by LAU representative Juris Aksels Cirulis. EUR 10.48 million was invested into maintenance of road surface of state roads this year. EUR 1.4 million…
In compliance with the order of the Freeport of Riga Authority repair works of the Daugavgriva shore reinforcement or the BKRR dam have been started. Due to the autumn storms and changes in the sea level, a part of the Daugavgriva shore reinforcement structures was washed away at the beginning of the year, FRA said…
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…