To the Latvian state budget, a total of 3.8 billion euros have been paid in the first five months of 2018, up by 11% YoY, the Latvian State Revenue Service stated. According to the calculations by the Latvian tax collector, among the revenue that has contributed the most to the increase, is the company income…
Freight volume handled in the Port of Liepaja, Latvia in January-May climbed by 10.2% YoY, to 3,184,700 tons, the Port Authority says. In the reporting period, transshipment of grain grew by 31.4%, to 1,374,100 tons, construction materials – by 17.6%, to 261,700 tons, and timber – by 50.2%, to 214,100, while transshipment of oil product…
The unusually high temperatures and lack of precipitation this May in Latvia have added to the adverse effects that last year’s chilly and wet summer has had in the field of fruit growing, the leadership of the Latvian Orchardman Association, has warned. The non-governmental organization unites around 400 hundred of the largest fruit and berry…
In January-May the port of Ventspils handled 8.380 million tons of cargo, down by 22% YoY, the port authority reported. Transshipment of liquid bulk cargo fell by 17%, to 4.814 million tons, dry bulk cargo – by 38%, to 2.427 million tons, while general cargo grew by 11%, to 1.139 million tons. The port’s container…
Latvia’s national airBaltic airline and Bombardier Commercial Aircraft have announced the signing of a procurement contract for 30 Bombardier CS300 aircraft with option to procure 30 more in the future. This order is an addition to the one signed for the provision of 20 CS300 aircraft. It also forms the foundation for airBaltic’s Destination 2025…
As technologies continue developing, the use of green energy gradually becomes more and more attractive to Latvian residents. The majority of respondents note that they may start using biomass (23%), solar batteries (22%) and even wind turbines (13%) in the next ten years, according to results of Baltic International Bank’s latest Latvian Barometer. When asked…
Compared to the same period of last year, rail freight volume in Latvia dropped by 10.9% in the first four months of 2018 and was 15.673 million tons, according to data compiled by Transport Ministry. International freight volume was 15.26 million tons, down by 11.1%. The volume of domestic freight declined by 0.3% and was…