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Scandinavian Banks Provoke Latvian Rebuke as Dominance Denounced

2013-03-01 10:04:32| Appliances - Topix.net

Scandinavian banks, which suffered record impairments in the Baltics four years ago, are now being criticized by the government in Latvia for dominating a financial industry it says should do more to finance growth.

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Bombardier-led group wins signalling contract from Latvian Railways

2013-01-29 01:00:00| Railway Technology

A consortium of Bombardier and Belam Riga has secured a LVL9.5m ($18.2m) contract from Latvian Railways (LDz) to build and upgrade signalling and associated infrastructure systems in the district of Bolderaja in the Latvian capital, Riga.

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