Latvian PM visits oil drilling platform in Baltic Sea
Latvian Prime Minister Valdis Dombrovskis (Unity) visited the oil drilling platform in the Baltic Sea today, where Balin Energy, a joint venture of Poland's refinery PKN Orlen SA and Kuwait Energy Co, has begun drilling in Latvian territorial waters, searching for deposits, informs LETA.
VSS starts combined electricity supplies
From 2014, Latvian fibreglass manufacturer Valmieras Stikla Skiedra (VSS) will start purchasing its electricity from several suppliers, writes news2bis LATVIA.
Swedes to manufacture LCD panels in Ventspils
On 17 May, Latvian-Swedish SIA EuroLCDs opened an LCD panel plant in Ventspils, reports news2biz LATVIA.
Vilnius court announces decision on Klaipedos Nafta and Naftos Grupe case
On May 20, 2013, Vilnius Regional Court adopted a decision in the case according to claim of claimant Naftos Grupe to Klaipedos Nafta for the compensation of allegedly incurred losses of 17 million litas, for reimbursement of surplus of oil products to claimant allegedly belonging to Naftos Grupe...
H&M to open retail point in Vilnius
The Swedish H&M fashion retailer will open a shop in the Gedimino 9 shopping center in Vilnius, Estonia's news site BBN, referring to news2biz reported on Tuesday, cites LETA.
Corruption Prevention Bureau: Latvian businessmen are tolerant of corruption
The Corruption Prevention Bureau informs that the risk of corruption in public procurement tenders is high, and the bureau has investigated, or continues investigating, at least 21 criminal cases that deal with public procurement tenders., informs LETA.
