In January-September the Freeport of Riga handled 25,490,700 tons of cargo, down by 5.1% YoY. As the port authority reported, coal transshipment climbed by 2.5%, to 9,331,400 tons, oil products dropped by 33.4%, to 4,320,600 tons, wood pellets went up by 13.5%, to 474,100 tons, ore – by 31.1%, to 365,200 tons. The port’s container…
The average price level in Latvia in September, as compared to September last year, increased by 2.9%, according to official estimates. The Central Statistical Bureau of Latvia stated, that over the period prices were affected the most by rising prices of food and non-alcoholic drinks, goods and services linked to transport, the group of miscellaneous…
Compared to July, the level of construction costs in Latvia grew by 0.1% in August. Maintenance and operational costs of machinery and equipment rose by 0.4%, labor remuneration of workers decreased by 0.1%, whereas prices of building materials did not change significantly. Compared to August 2016, construction costs increased by 2.3%. Labor remuneration of workers…
Prices of tickets for flights of the Latvian national airBaltic airline may decline somewhat next year, says airBaltic CEO Martin Gauss. He explains that this year’s prices have declined somewhat, and he predicts this tendency may continue next year as well, but only if positions of different costs remain the same. If oil prices and…
Mutual communication and information exchange among businesses working in the industry is the pre-condition for improvement of Latvia’s transit industry, said Transport Ministry’s state secretary Kaspars Ozolins at a meeting of the Logistics Council. The Logistics Council discussed the situation in the transit and logistics industry, as well as predictions and proposals for improving competitiveness.…
Road Transport Administration plans to speak with Riga and Pieriga administrations about the fractured public transport system in the region, says the administration’s chairman Kristians Godins. Organization for Economic Co-operation and Development has concluded that transport planning in Riga and its region is fragmented and does not reflect Riga region’s scale. OECD believes coordination among…
In August Latvian airline airBaltic carried 386,597 passengers, up by 21% YoY. For the third consecutive month the airline has been steadily exceeding its passenger transport results. In the first seven months of 2017, the airline carried a total of 2,345,371 passengers to destinations in Europe, Scandinavia, Russia, CIS and the Middle East. In August,…