03-8-2013 — /EuropaWire/ — SAF Tehnika, the Latvian-owned manufacturer of carrier-class point-to-point microwave radios, is expanding its business in North America and has announced the opening of the company’s US headquarters in Denver, Colorado on July 26. In the five years … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Latvia, Management, Technology
Tagged Baltic stock Exchange, carrier-class point-to-point microwave radios, Colorado, Daniel White, Denver, Latvia, microwave radios, microwave vendors, NASDAQ OMX Riga, point-to-point microwave data transmission equipment, SAF Integra, SAF Tehnika, US headquarters
17-7-2013 — /europawire.eu/ — The European Commission has found support granted by Latvia for the transformation of the Latvian Mortgage and Land Bank (MLB) to be in line with EU state aid rules. In particular, the sale of MLB’s commercial assets … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Latvia, Law
Tagged Competition, EU state aid rules, Joaquin Almunia, Latvian Mortgage and Land Bank, MLB, state aid, The European Commission
26-6-2013 — /europawire.eu/ — Latvia should join the Euro on 1 January 2014, recommends the Economic and Monetary Affairs Committee in an opinion voted on Monday. The opinion praises Latvia’s record and efforts to date, but also says it needs to … Read the full press release
Posted in Belgium, Economy, European Union, Finland, France, Latvia, Politics
Tagged Burkhard Balz, Economic and Monetary Affairs Committee, Latvia
Brussels, 5-6-2013 — /europawire.eu/ — Today, the European Commission publishes its 2013 Convergence Report on Latvia, together with a citizen’s summary that briefly explains the report and the rationale behind it. The Commission concludes that Latvia has achieved a high degree of sustainable economic … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government, Latvia, Politics
Tagged Brussels, Convergence Report, currency, ERM II, Euro, euro area, European Commission, Exchange rate, Exchange Rate Mechanism, inflation, Interest rates, lats, Latvia, Latvian lats, Olli REHN, public finances
Brussels, 30-5-2013 — /europawire.eu/ — Commission takes steps under the Excessive Deficit Procedure. Which decisions has the Commission taken today as regards the Excessive Deficit Procedure? The Commission has today recommended that the Council abrogate the Excessive Deficit Procedure (EDP) … Read the full press release
10-5-2013 — /europawire.eu/ — ELKO Group, one of the leading IT product wholesalers in the Eastern Europe and one of the largest companies in Latvia, extends the cooperation with a world class IT components manufacturer Kingston and starts to offer also … Read the full press release
Posted in Business, Electronics & Machinery, Latvia, Retail, Russia, Technology
Tagged Acer, Aleksandrs Orlovs, AMD, Asus, Baltic States, computer memories, ELKO Group, Flash cards, HGST, Intel, IT product wholesaler, Kevin Wu, Kingston, Kingston SSD, Lenovo, Microsoft, Seagate, server memories, Solid-State Drives, Sony, USB drives, ValueRam memories, Western Digital, wholesaler
19-4-2013 — /europawire.eu/ — By letter received by EIB on 11 March 2013, the Republic of Austria nominated, by common accord with the Republic of Estonia, the Republic of Latvia, the Republic of Lithuania, the Republic of Finland and the Kingdom … Read the full press release
Posted in Austria, Banks, Business, Estonia, European Union, Financial, Finland, Government, Latvia, Lithuania, Management, Sweden
Tagged Board of Directors, Board of Governors, Karin Rysavy, Lars Östling, proposed appointment
3-4-2013 — /europawire.eu/ — Continuing gradual replacement of long-term deposits with bonds, we performed another bond issue under ABLV Bank, AS Second Bond Offer Programme. This time, we issued discount bonds for raising subordinated capital to the amount of USD 20 … Read the full press release
Posted in Banks, Business, Financial, Investment, Latvia
Riga, Latvia, 2-4-2013 — /europawire.eu/ — On the 8th of March this year, there was an extraordinary meeting of ABLV Bank, AS, shareholders held, at which the decision on increasing the bank’s equity capital by LVL 11.5 million was made. The equity … Read the full press release
Posted in Banks, Business, Financial, Latvia, Management
14-3-2013 — /europawire.eu/ — SAF Tehnika JSC (NASDAQ OMX Riga: SAF1R), leading carrier-class point-to-point microwave radio manufacturer announce a release of Spectrum Compact, the world’s first powerful handheld microwave spectrum analyzer. It is designed specifically for the comfortable outdoor use and is … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Latvia, Technology
Brussels, 5-3-2013 — /europawire.eu/ — Today, Latvia formally asked the Commission to deliver an extraordinary convergence report with the aim of joining the euro from 1st January 2014. The report will assess if the country has achieved the five convergence criteria as defined … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government, Latvia, Politics
27-2-2013 — /europawire.eu/ — Latvia’s top economic brass presented its credentials for joining the Eurozone to the EP Economic and Monetary Affairs Committee on Tuesday. MEPs’ questions focused on the sustainability of Latvia’s impressive turnaround, how social policy needs could be … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Latvia, Politics
Riga, Latvia, 22-11-2012 — /europawire.eu/ — Q3 2012 was very successful for ABLV Group. The business volume and all major performance indicators continued to grow. The bank’s profit amounted to LVL 10.9 million (EUR 15.4 million). In Q3 we continued gradually substituting long-term … Read the full press release
Brussels, 24-10-2012 — /europawire.eu/ — The Fisheries Council has just reached a political agreement on Fishing Opportunities in the Baltic Sea for 2013. After the discussions among the ministers, the compromise was reached just after the first exchange of views. Commissioner for … Read the full press release
Posted in Agriculture, Belgium, European Union, Government, Latvia, Law, Politics, Society
18-10-2012 — /europawire.eu/ — The Commission annually assesses progress in implementation of the Small Business Act (SBA)1 at national level. This memo describes the results of the assessment as illustrated by country specific SBA factsheets2, composed on the basis of a wide … Read the full press release
Posted in Austria, Belgium, Bulgaria, Business, Cyprus, Czech Republic, Denmark, Economy, Estonia, European Union, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Small Business, Society, Spain, Sweden, United Kingdom
Riga, 16-10-2012 — /europawire.eu/ — I would like to thank Prime Minister Dombrovskis for his hospitality and for the good discussion we have had and which will continue after this conference. I would also like to say that it is a pleasure … Read the full press release
Posted in Awards, Government, Latvia, Society
Tagged Awards, Herman Van Rompuy, Nobel Peace Prize
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