Wed, 18 Apr 2012: Latvia’s development conundrum…

The main goal of the new entity, RVU Baltija, will be the renovation of rail cars in Latvia, creating a number of new jobs in Latgale. Latvijas Dzelzcels CEO Ugis Magone said that a seven-year agr...

Wed, 19 Oct 2011: BEREC Riga opens…

The EU must think about economic development, warming up the economy, creating new jobs and developing various areas of the economy, said Kroes, adding that she is absolutely convinced that the EU...

Wed, 17 Aug 2011: Hiring resumes as recovery continues…

This is the most intensive job creation in Estonia’s history. The general number of employed was 602,600 people. Manufacturing, construction and trading created most of the new jobs. Rapid ...

Wed, 27 Jul 2011: Slesers demands answers…

In Latvia’s case, this means the majority of borrowers. “The Latvian economy must find a solution for fostering productivity in the current circumstances, increase competitiveness and...

Wed, 20 Jul 2011: Pension indexing considered premature…

In Strautins’ opinion, one-off supplements could be of more use to pensioners as well as the state than the proposed indexation of pensions. Rudzitis, on the other hand, said that the stat...

Wed, 8 Jun 2011: New investment from Danspin…

“Investment attraction to Lithuania is among the government’s priorities. We are especially delighted that investments come to our region; the Danish company has decided not only to cr...

Wed, 8 Jun 2011: Rimsevics calls for no new taxes…

Last year, the government was formed quickly, and the budget was also adopted duly. If we cannot achieve the same this year, our previous achievements in state finances and economy may lose their ...

Wed, 30 Mar 2011: Shady deals tempt farmers…

It is based on just one letter from Agro Food Holding Lily and a few laconic presentations on the Internet. Therefore, the Agriculture Ministry treats such plans with great caution, and also urges...

Wed, 23 Mar 2011: Tukums on RIX’ radar…

If Ryanair will decide to do so, then it will most likely be due to lower costs, emphasized the airport. The agreement with Ryanair is in force until 2015, and currently there are no plans to re...

Thu, 3 Jun 2010: Office rents hit bottom…

The current rent rates also make Riga more attractive for foreign companies planning to open offices in Riga, say Ober Haus experts. The current rent rates in combination with low labor costs an...

Thu, 3 Jun 2010: Western Union transfer to Lithuania…

“Investments like this will not only lead to the creation of new jobs in Lithuania and increase in the export of Lithuanian services, but they will also stimulate Lithuania to make a breakth...

Wed, 28 Apr 2010: Latvia attractive to foreign investment…

company is planning a global service center for Latvia. It totals several tens of millions of euros in investment creating several hundred new jobs. This would be a service center, employing sever...

Thu, 22 Apr 2010: Lithuania enjoys FDI flows…

By country, projects were Russian (seven projects), Finnish (five projects), Norwegian and U.S. (four each), as well as the UK (three projects) companies. Managing Director of Invest Lithuania M...

Thu, 4 Mar 2010: Energy dependence on Russia to increase…

This will be the country’s largest and most significant investment project, said to provide substantial investment in the economy and to provide at least 500 new jobs in the construction ind...

Wed, 28 Oct 2009: Slesers running roughshod over the city…

Slesers made the decision after P.V.B. owner Juris Videnieks presented him with the company's project, Riga Marine City, which foresees development of a multifunctional tourist area, with bars, ...

Wed, 7 Sep 2005: Merks to build fiber glass plant in Latvia…

Finance director Imants Saulitis told the Baltic News Service that the company intends to foot the bill with its own funds and bank loans but wants the government to grant a 40 percent tax rebate ...

Wed, 26 Jan 2005: Snaige receives EU financial backing…

Snaige's project, if implemented, will create 23 new jobs, according to the Lithuanian Business Support Agency, which releases the names of all EU funding applicants.The structural funds will be u...

Thu, 11 Dec 2003: Narva may lose a unique manufacturer…

But I've never encountered a city government that is in fact desperate for new jobs that raises difficulties for those who can create them," he said.Narva Mayor Tarmo Tammiste said the city govern...

Thu, 27 Nov 2003: Latvian ministry to promote export…

From January to September exports grew 13 percent year-on-year and imports 20 percent. To correct the imbalance, the ministry wants to increase direct support to companies entering new export mark...

Thu, 6 Nov 2003: Radiator production may heat up…

The needed production equipment would be either brought from AKG plants in Germany or purchased from another source.Aluminum processing specialists in Latvia will undergo training in AKG plants in...

Thu, 23 Oct 2003: Tallink’s Victoria I ushers in luxury age…

It is expected to provide about 400 new jobs.At the moment the ship is being painted and equipped at Aker Finnyards, its producer's dock in Rauma, Finland.Yrjo Julin, president of Aker Finnyards, ...

Thu, 3 Jul 2003: Biggest ever ship begins service…

Lisco was purchased from the Lithuanian government in 2001 by DFDS Tor Lines, a Danish shipping company, after three-and-a-half years of reportedly agonizing negotiations.DFDS Tor Lines bought ove...

Thu, 1 May 2003: German industrialists moving to Lithuania…

The Germans would move at least two large press lines, as well as plastic and aluminum component production units into one of the proposed plants. The plant would create 200 new jobs, according to...
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