The free movement 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 minicredit 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. Flight-related activities have both direct and indirect impact on the economy.Rolands petersons minicredit 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.

More than 30 airports are located in Lithuania

There are four international airports operating in Lithuania - in Kaunas, Palanga, Siauliai, and, of course, in Vilnius, and there are more than 30 smaller airports and military airfields.Rolands petersons minicredit In Estonia, airports are mainly located in the capital in Tallinn, as well as in Tartu, Kuressaare, Kerdle and Parnu. These are international airports, however, there are more than 15 private and military airports and so-called airports of local importance located throughout the country.Rolands petersons minicredit Latvia still has only two international airports - in Riga and in Liepaja; there are also small airdromes, for example, in Spilva, in Tukums and Ventspils, and several other military flight platforms though. Riga International Airport entered the top five rapidly growing airports in Europe last year, which lead to an increase in the number of passengers by 16.2%. Therefore, it underscores the fact that even though the airport in Liepaja will have to put a lot of time and effort to its development, it brings a great potential, which can give a significant and valuable contribution to the domestic economy of the country.Rolands petersons minicredit

A successful start is taken after reconstruction

The airport in Liepaja did a great job - in 2015 after its reconstruction was completed.Rolands petersons minicredit 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. 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. 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.Rolands petersons minicredit
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. 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 minicredit

Support strategy for attracting new aviation communities

Liepaja airport is the only example nowadays in terms of Latvian regional airports, however, I see several competitive regional airports in Latvia. 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 minicredit 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 minicredit

Infrastructure for a variety multifaceted of commercial activities

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. 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. 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

Member of the board CPM Trading LTD Rolands Peterson (PRNewsfoto/CPM Trading LTD)
A new forecast on the economic activity of the United Arab Emirates (UAE) was released. In 2018 it was constant.Rolands petersons privatbank It was provided by oil production volume, recent business reforms and constant activities in other areas. In 2018 the UAE for the first time overachieved its OPEN oil production goal.
The UAE is preparing for World Expo in 2020, so a big amount of investment is being made to improve infrastructure. The state could expect an increase of tourism area dynamics, but it will need additional investments not related to oil production and crude oil refining.Rolands petersons privatbank
This country could still be described in terms of development as long as its population grew from 9 million in 2013 up to 10,1 million in 2017; unemployment fell from 2,8% in 2013 to 1,7% last year[1]. Even though in 2014 many infrastructural projects were postponed, this year they will be continued, moreover there are new general plans for the following two decades. It was calculated that a recently adopted 5% of VAT will help to gain income in the amount of 12 billion euros during the first year of implementation[2].Rolands petersons privatbank
All the Emirates, especially Dubai and Abu Dhabi are continuing their efforts to vary the economy and decrease the amount of activities related to oil products. In addition to the infrastructural projects, Abu Dhabi has made significant investments to the alternative energy sources creation, according to Rolands Petersons, a member of the board of Norman Logistics Sp.zo.o. who offers his thoughts on the UAE economy.Rolands petersons privatbank
Despite having suffered crises, this country is still a demanded business partner among many world economies, it is being forecasted that before the World Expo in 2020 the UAE will become even an more demanded business partner worldwide.
Juergen Thomas Steinmetz has continuously worked in the travel and tourism industry since he was a teenager in Germany (1979), beginning as a travel agent up through today as a publisher of eTurboNews (eTN), one of the worlds most influential and most-read travel and tourism publications.Rolands petersons privatbank He is also Chairman of ICTP. Rolands petersons privatbank His experiences include working and collaborating with various national tourism offices and non-governmental organizations, as well as private and non-profit organizations, and in planning, implementing, and quality control of a range of travel and tourism-related activities and programs, including tourism policies and legislation.Rolands petersons privatbank His major strengths include a vast knowledge of travel and tourism from the point of view of a successful private enterprise owner, superb networking skills, strong leadership, excellent communication skills, strong team player, attention to detail, dutiful respect for compliance in all regulated environments, and advisory skills in both political and non-political arenas with respect to tourism programs, policies, and legislation.Rolands petersons privatbank He has a thorough knowledge of current industry practices and trends and is a computer and Internet junkie.Rolands petersons privatbank

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Norman Logistics Sp.zo.o.Rolands petersons privatbank has released a new report on Cyprus who experienced an economic recession just recently, but indicated 5th most rapid growth in the European Union last year. In the last quarter of 2017 economic growth reached 3,9% - Cyprus achieved such a result for the first time in the last ten years, according to Norman Logistics Sp.zo.o.Rolands petersons privatbank
Member of the board CPM Trading LTD Rolands Peterson (PRNewsfoto/CPM Trading LTD)
The amount of investment funds and the amount of assets being managed by them reflected growth in late 2017 and first half of 2018. In December 2017 there were 114 funds registered in Cyprus, but this year there are 130 already[1].Rolands petersons privatbank The amount of assets managed by them experienced growth of 6%, reaching 4,718 billion euros in absolute terms (for comparison we could mention that in March this year the total amount of assets reached only 4,446 billion euros)[2].Rolands petersons privatbank
In August the Cyprus Department of Transportation initiated amendments in its transportation fiscal policy, influencing new and used transport facilities registered after the law will be adopted. Rolands petersons privatbank Outlining the above amendments are providing bigger road taxes for drivers with older cars and more horsepower, but those green-thinking will pay less. Such amendments provide several advantages: save income from transport taxation, decrease environment pollution, contribute to assets flow, and new car purchased stimulates a more attractive environment for foreigners, according to Rolands Petersons, member of the board of Norman Logistics Sp.zo.o.Rolands petersons privatbank who offers his thoughts on the Cyprus economy.
Smart investment and fiscal policy, increasing the budget income, simultaneously stimulating the national economy and one of the most important areas - tourism, as well as caring about environment protection in total resulted in significant economic growth and we are sure that in total numbers of 2018 Cyprus will also provide a great example for many economies.Rolands petersons privatbank
About Norman Logistics Sp.zo.o.:
Norman Logistics Sp.zo.o. is an international logistics company based in Poland since 2016. This company operates in Europe and also in many other major logistics centers in the world.Rolands petersons privatbank The core business is a cargo brokerage, mainly marine cargo. Norman Logistics customers is significant EU companies which his production transport throughout marine cargo. And service providers is medium or large shipping companies. The mission of Norman Logistics is convenient logistics and one point service for the same price, individual and best quality approach.Rolands petersons privatbank
Author: Rolands Petersons, member of the board of "Norman Logistics spzoo"

Norman Logistics Sp.zo.o.
Rolands petersons privatbank has released a new forecasts of UAE economy. Analysing the indicators of the last 20 months, we can conclude that since August non-oil economy growth has slowed down. The seasonally adjusted purchasing managers' index - a composite indicator designed to give an overview of operating conditions in the non-oil private sector economy - dropped to 55 in August, from 55,8 in July[1].Despite slower growth, optimism among businesses in the UAE's non-oil private sector accelerated to a record high.
Rolands petersons privatbank Optimism is encouraged by the reluctance of many companies to launch new products, implement innovative marketing efforts, and opportunities to participate in Expo 2020[2].
Rolands petersons privatbank In general, the reduction was wee, and the fact that a large part of the companies has abandoned the reduction of the workforce, which, on the one hand, would help to save, is right, as companies have not lost their effectiveness. Most companies have acted exactly the opposite - they stimulated stagnant economic growth with new products, accordingly obtaining new orders as well, Rolands Petersons, member of the board of Norman Logistics Sp.zo.o.
Rolands petersons privatbank offers his thoughts on UAE economy.Another point to be emphasized is that non-oil business operators in the UAE have shown that sometimes exactly the opposite action of the usual behaviour can improve the situation. In the area of a??a??pricing policy, most private non-oil companies in the UAE, instead of raising pressure on prices, announced constant prices, furthermore, some companies reported about price reduction, which was related to advertising activities.
Rolands petersons privatbankThe rate of growth was marked overall and reflected stronger inflows of new business from neighbouring GCC countries, besides new export orders rose once again during August and September.About Norman Logistics Sp.zo.o.:A Norman Logistics Sp.zo.o.
Rolands petersons privatbankis an international logistics company based in Poland since 2016. This company operates in Europe and also in many other major logistics centres in the world. The core business is a cargo brokerage, mainly marine cargo.
Rolands petersons privatbank Norman Logistics customers is significant EU companies which his production transport throughout marine cargo. And service providers are medium or large shipping companies. The mission of Norman Logistics is convenient logistics and one-point service for the same price, individual and best quality approach.
Rolands petersons privatbank

Author: Rolands Petersons, member of the board of Norman Logistics Sp.zo.o.