Transport Minister Rokas Masiulis says that Latvians’ demand that Lietuvos Gelezinkeliai (Lithuanian Railways, LG) pay them over 82 million euros for the dismantling of a railway track to Renge a decade ago has come as a surprise to him and more: it was “a stab in the back”, according to him. LG said that it…
Freight volume handled in the Port of Liepaja in January-August climbed by 19.3% YoY, to 4,976,200 tons, the Port Authority says. In the reporting period, transshipment of grain grew by 42%, to 2,066,500 tons, construction materials – by 10%, to 482,100 tons, while transshipment of oil products fell by 16.5%, to 222,900 tons. Container traffic…
The Latvian Supreme Court has banned the Riga public transport company SIA Rigas satiksme from continuing a procurement procedure of passenger van services without changing the procedure. With this week’s ruling the Supreme Court has satisfied the additional complaints by the bus service companies AS Liepajas autobusu parks and AS Nordeka. Having heard the explanations…
Riga International Airport concluded the first half-year of 2018 with turnover increase of 13% when compared to the same period of 2017, according to the airport’s unaudited and shortened account for the six-month period before June 30. Compared to last year’s turnover in the same period, the airport’s net turnover has increased by 13% or…
Members of Saeima’s Economic, Agricultural, Environmental and Regional Policy Committee supported amendments to the Handling of Alcoholic Beverages Law, stating that small breweries would be allowed to use products grown only in Latvia. With amendments it is planned to define that small breweries are private persons or businessmen that produce wine, fermented beverages, and other…
The administrator of the liquidated Trasta komercbanka has recovered EUR 320,501 in July, which is much more than the amount recovered a month prior, when EUR 5,054 was recovered. All of the money recovered in July was recovered from issued loans. So far in 2018 the administrator has recovered a total of EUR 1.875 million.…
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…