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"Latvenergo" to signs long-term loan agreement with EIB in Luxembourg

The state-owned joint-stock power company "Latvenergo" is set to sign a long-term loan agreement with the European Investment Bank (EIB) in Luxembourg today.

"Latvijas balzams" looks for site for alcohol plant

The joint-stock alcoholic beverage producer "Latvijas balzams" (LB) has announced a tender on the purchase of a land site for construction of alcohol production facilities, LETA was informed by the company^apostrofs;s project manager Genadijs Kulikovs....

Riga has largest fiscal deficit in master budgets among Latvian cities

In five months of this year, the largest fiscal deficit among Latvia^apostrofs;s cities was counted in the Riga master budget - LVL 10.08 million, according to an official report on the national budget prepared by...

Strong winds toppled trees and tore power lines in Latvia yesterday

Strong winds toppled trees on roads and tore power lines in all of Latvia overnight and yesterday, LETA learned at the State Fire and Rescue Service.

"Latvijas finieris" posts LVL 6.56 million in profit in 2001

The joint-stock plywood producer "Latvijas finieris" (LF) last year earned LVL 6,565,396, which is about 20 percent more than one year ago when the company posted LVL 5,459,052 in profit, according to the company^apostrofs;s balance.

"Valmiera Fiberglass" profit 16.8% up from H1 of 2001

In the first half of this year, the joint-stock company "Valmieras stikla skiedra" (Valmiera Fiberglass) posted LVL 9,302,400 in profit, which is 51.7 percent of the planned figure this year and 16.8 percent more than...

LVL 81.3 million needed for development of gas system by 2005

"Latvijas gaze" (Latvian Gas Company, LG) has handed in a draft project to the Public Services Regulatory Commission to raise natural gas rates according to which planned investments in the development of the gas system...