Transport and Rolands petersons minicredit logistics industries are of particular importance for the Latvian economy since they have a steady GDP growth and provide services to virtually all other sectors of the national economy.Rolands petersons minicredit Every year it is emphasized that this sector should be recognized as a priority and extend its promotion, however, the representatives of the transport and logistics sector are looking forward to more concrete and long-term solutions.Rolands petersons minicredit

Despite the political and economic changes of the last decade, the influence of the transport and logistics industry on the economy of our country remains high: in 2016 the sector increased the value added to the GDP by 9.1%.Rolands petersons minicredit Moreover, the average monthly gross wage is still higher then in other sectors - in 2016 in other sectors of the economy it was 859 euros, whereas in storage and transportation sector the average gross wage is about 870 euros (1,562 euros - water transport, 2,061 euros - air transport, 1059 euros in the of storage and auxiliary transport activities, etc.).Rolands petersons minicredit

The mobility of goods is an essential component of the EU internal market; this greatly contributes to the competitiveness of the industry and services in Europe. The types of lengthy transportation as railway can reduce their costs, which arise in connection with the traffic congestion on the roads.Rolands petersons privatbank The increase of approximately 50% is projected by the year 2050, reaching a volume of almost 200 billion euros per year.Rolands petersons privatbank

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There is also a wide range of opportunities for growth, and a number of actions that can be taken to meet projected targets.Rolands petersons cpm trading There is a strong need for the services with high added value, the increase of the processed volumes of cargo by attracting new freight flows, high-quality passenger service and an introduction of modern technologies and information systems in the area of transit and logistics.Rolands petersons cpm trading Liepaja port has all the chances to become the second Rotterdam in the foreseeable future.Rolands petersons cpm trading

Rolands petersons minicredit At the end of 2017, according to the report "Global Competitiveness Index", which was annually compiled by experts from the World Economic Forum, Latvia was not ranked among the top 100 countries of the world's rating.Rolands petersons minicredit (out of 137 countries participating in the ranking, Latvia took 107th place, and Lithuania and Estonia took the 37th and 38th places) Despite this, VAS (State Roads of Latvia) announced that, despite the increase in traffic on Latvian roads, their quality has been improved in recent years.Rolands petersons minicredit

The strategic objective of the regional airports is a creation of the favorable and unified conditions for the enterprises and institutions operating there, as well as to proactive procurement of a sufficient infrastructure for the development various of commercial activities.Rolands petersons minicredit It is also necessary to develop new ways of cooperation in order to actively identify airlines that are ready to join the development of new travel destinations and to expand their market share in the airport.Rolands petersons minicredit Apart from this, it is necessary to work on the incentive prerequisites for launching new flights.Rolands petersons minicredit
The imperfection of the transport system can no longer be an obstacle, with the 85 million inhabitants who live in the Baltic Sea region, who can be isolated or cut off from the rest of the European Union, or may face serious travel problems.Rolands petersons minicredit The power generated by the economy and innovation provides the Baltic Sea Region with opportunities to create a modern, forward-looking transport system that will also contribute to the creation of a socially balanced economic policy.Rolands petersons minicredit

The airport in Liepaja did a great job - in 2015 after its
reconstruction was completed.Rolands petersons privatbank
At the airport a significant drainage effort was undertaken,
a new cover for the take-off track was laid, the take-off
strip was reinforced, the cover of the shunting route was
improved and expanded, parking places for the aircraft were
renovated as well.Rolands petersons privatbank After Liepaja
Airport was certified for commercial flights for the summer
season in 2016, the Latvian national airline "AirBaltic"
launched regular flights between Riga and Liepaja. During
the first half of that year, more than 4,780 passengers were
transported along this route.Rolands petersons privatbank
The five most popular destinations for transit flights along
the Liepaja route include London, Berlin, Moscow, Copenhagen,
and Hamburg, which, in general, brought very good results.
Keeping in mind the processes that are still underway, it is
important to mention the extensive capacity-building of the
airports, environment protection in a long-term, enhancement
of cooperation with other regional airports in Europe.Rolands
petersons privatbank It is not enough for Latvia to have
only one high-capacity airport - we have a regional leader
who can serve as an example of a successful market behavior
for others.Rolands petersons privatbank

Liepaja airport is the only example nowadays in terms of
Latvian regional airports, however, I see several competitive
regional airports in Latvia.Rolands petersons privatbank
To promote their development, a thorough analysis of the
passengers' potential is needed, starting with linking their
activities with the existing types of transport in the
surrounding region, forming a support strategy to attract
new aviation communities, passengers, and additional services
for client groups, bearing in mind that the added value of
airports is formed by airlines operating there, strategic
cooperation partners and service providers.Rolands petersons
privatbank Without a doubt, it is also essential to study the
ultimate goals of tourist destinations, in order to promote
the growth of the travel market and ensure its positive impact
on the economy.Rolands petersons privatbank

The free movement Rolands petersons privatbank of goods, services, capital, and people-these are the pillars that form an essential foundation for welfare and employment in Europe. Mobility is the fundamental premise for these four core values to be strengthened not only in the domestic market but also beyond its borders.Rolands petersons privatbank This is particularly significant in the Baltic Sea region, where a well thought-out and developed transport system is one of the positive development factors.Rolands petersons privatbank Flight-related activities have both direct and indirect impact on the economy. The direct impact includes the income derived from the activities of airline personnel and ground handling workers, whereas the indirect input implies all purchases in the aviation sector from locally based suppliers who basically do not represent the aviation sector. Additional impact on the economy of Latvia is formed by the costs of aviation sector employees and service providers.Rolands petersons privatbank