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Russia raised export duties for crude oil

Russia has decided to raise crude oil export duties as of April 1 up to USD 102.6 (LVL 53.9) per ton, the Russian government press service reported.

"TransRussia 2005" exhibit to feature over 20 Latvian transit companies

The 10th Moscow International Exhibition "TransRussia 2005" will open tomorrow, and about 24 transit sector companies from Latvia are set to participate, LETA was informed by the Transport Ministry^apostrofs;s Public Relations Department.

"Deko" design annual award granted to "Open up" office furniture set

The magazine "Deko" has granted its annual "Dizains 2004" prize to the office furniture set "Open up", the initiators of the competition informed LETA.

"Mazeikiu Nafta" to receive crude oil from other suppliers - Lithuanian economy vice-minister

Although the Russian media reported recently that the supply of crude oil to the "Mazeikiu Nafta" concern from the Russian "Yukos" would be terminated, the Lithuanian oil refinery will receive oil from other suppliers, the...

"Elvi Group" opens store on Saharova Street in Riga

The Latvian grocery store chain "Elvi Group" today opens a store at 14 Saharova Street in Riga.

"Severstallat" to cooperate with construction supply retail chain "Kursi"

The metal products retailer "Severstallat" has launched cooperation with the construction supply retail chain "Kursi", in order to provide access to steel products for minor consumers, LETA was informed by the company^apostrofs;s marketing director Roberts...

"TeliaSonera" expresses desire to purchase state-owned shares in "Lattelekom" and LMT

Yesterday, "TeliaSonera^apostrofs;s" president in Norway, Denmark and Baltic countries, Kenneth Karlberg, paid a visit to Latvia and met with Prime Minister Aigars Kalvitis. Karlsberg again expressed desire to purchase state-owned shares in the telecommunications operators...

Number of companies in Latvia up 20% in five years

In the past five years, the number of economically-active companies and enterprises in Latvia has increased by 7,700 or 20%, according to the report on regional development in 2004 drawn up by the Regional Development...

"Ditton" profit at LVL 102,583 in 2004

The Daugavpils joint-stock chain factory "Ditton pievadkezu rupnica" (Ditton) posted LVL 108,703 in non-audited profit last year, according to the company^apostrofs;s report submitted to the Riga Stock Exchange (RSE).

National economic growth will be slower this year than in 2004 - Bank of Latvia

According to Bank of Latvia^apostrofs;s estimates, growth of the national economy in 2005, though likely to fall behind that of 2004, is expected to be significant, 7.5 percent. This according to the notes from the...