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Vitols again appointed chairman of "Latvenergo" council

Today businessman and millionaire Vilis Vitols, who is supported by New Era (JL), was elected as new chairman of the council at the joint stock power utility "Latvenergo". He had also held the office before...

Saeima passes new law on electricity market in principle

Saeima today passed in principle a new bill on the electricity market, and agreed that the bill would be reviewed as urgent.

Finnish banks plan no further expansion in Baltic states - Finnish banker

Finland, with 344 banks operating on its territory and 300 bank offices per 1 million inhabitants, does not plan further development of banking operations in the Baltic states, Markus Fogelholm, the managing director of the...

Saeima approves amendments to Energy Law in principle

Saeima today approved in principle the government^apostrofs;s amendments to the Energy Law, and agreed that the amendments should be reviewed as urgent. The amendments stipulate deregulation of the electricity market.

Traffic reopened on Brivibas Street

The section of Brivibas Street in Riga that was closed for traffic after a water main rupture yesterday evening is now open for traffic again, Dzintars Zaluksnis, Riga City Council^apostrofs;s public relations officer, told LETA....