In January-October the total cargo turnover decline reached 2.1% at Ventspils port in comparison to the same period a year ago. This is the second lowest decline after the anti-record of 2016. In total, nearly 17 million tons of cargoes went through Ventspils port in this period of time, or 31% of the total volume…
Latvian airline airBaltic on December 1 in Riga welcomed the last Airbus A220-300 jet for the year, registered as YL-CSM. Currently airBaltic has a total of 14 Airbus A220-300 aircraft on its fleet. Thus far, airBaltic has carried over 1 850 000 passengers on the Airbus A220-300 aircraft with every third airBaltic passenger flying on…
In September and October wind power plants in Latvia doubled their yield of electricity for the country’s total balance when compared to the previous four months, according to information compiled by AS Augstsprieguma tikls. The total balance of wind energy was 4.3%, or 16,381 MWh in September and 4.06% or 15,851 MWh in October. The…
Compared to September, level of producer prices in Latvian industry rose by 0.1% in October. Prices of products sold on the domestic market fell by 0.5%, while prices of exported products went up by 0.7%. Prices of products exported to Eurozone countries grew by 0.3% and prices of products exported to non-Eurozone by 0.9%, according…
920.1 thousand people or 65.3% of Latvia population aged 15-74 were employed in Q3. Over the year, employment rate grew by 1.7% and number of employed persons by 17.2 thousand. Compared to the previous quarter, employment rate grew by 0.9% and number of employed persons by 10.5 thousand. Nevertheless, since Q4 2012 Latvian employment rate…
In January-October the Freeport of Riga handled 29,917,600 tons of cargo, up by 6.5% YoY. Transshipment of coal grew by 14.6%, to 11,508,800, wood pellets – by 38.2%, to 740,600 tons, and ore – by 10.7%, to 464,200 tons, while oil products dropped by 28.1%, to 3.445 million tons. The port’s container throughput grew by…
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…