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"Bite GSM" and Smidre's concern qualify for auction of third UMTS/GSM license

"Bite GSM", the Lithuanian subsidiary of the Danish telecommunications company TDC, and businessman Peteris Smidre^apostrofs;s concern that includes Smidre^apostrofs;s "Alina Ltd." and the U.S. investment fund "MVC Capital Inc." have qualified for auction of the...

Chinese telecommunications equipment company "Huawei" visit transport ministry

A delegation from the Chinese telecommunications equipment company "Huawei Technologies" has been visiting Latvia this week. A meeting with officials from the Ministry of Transport is on the agenda of the visit, LETA was told...

Riga and Tartu sign declaration on cooperation

Representatives of the Riga and Tartu city councils signed a declaration on cooperation today, the declaration envisages both cities^apostrofs; cooperation in economy, trade, education, culture and tourism, Riga City Council^apostrofs;s Information and Public Relations Department...

EUR 40 million to be invested into development of "Rimi Baltic"

"Rimi Baltic" and the Nordic Investment Bank have signed an agreement on a EUR 40 million (LVL 28.1 million) loan to finance "Rimi Baltic^apostrofs;s" further expansion in Latvia, Estonia and Lithuania, "Rimi Baltic" chairman of...

9.8 million privatization vouchers not utilized yet

At the beginning of February, 9.8 million privatization vouchers or 8.8 percent of all privatization vouchers were not utilized yet, LETA learned at the Ministry of Economy.

Government could consider privatization of large enterprises tomorrow

Tomorrow, March 15, the Ministry of Economy will urge the government to decide privatization of large companies, Minister of Economy Krisjanis Karins (New Era) told LETA.

"Latvijas gaze" submits new petition specifying gas tariffs

The joint-stock gas company "Latvijas gaze" (LG) has submitted the Public Services Regulatory Commission a new petition specifying tariffs for sale of natural gas, which envisages raising the tariffs as of July 1 of this...

Aksenoks votes for New Era, hopes right-wing parties will win Riga City Council election

Aivars Aksenoks, New Era (JL) candidate for Riga mayor, hopes that right-wing parties will win the election in Riga, and himself today voted for his party, JL.

Production of "Adazu cipsi" potato chips will temporarily continue in Finland and Sweden

Production of "Adazu cipsi" potato chips will temporarily continue at the Finnish "Chips Apb" and Swedish "OLW", the parent companies of "Latfood", "Latfood" chairman of the board Atis Zarins told a press conference today.

Total revenues from privatization amounted to LVL 1.704 billion in ten years

In the past ten years, total revenues from privatization of state properties have amounted to LVL 1.704 billion, according to the Latvian Privatization Agency^apostrofs;s (LPA) data.