For Growth on the Earth

ActusQ office opening hours over Easter holidays

We inform you, that employees of Ltd “ActusQ” are going on Easter holidays from March 29 to April 1. We will resume working in usual working mode on April 2.

Have a bright and sunny Easter holidays!

ActusQ Newsletter March 2024

ActusQ March newsletter about current topicalities in Latvian agricultural sector has been published! At the end of the newsletter you will find selected agricultural real estate offers.

Explore ActusQ AgriEstate property catalog

Explore our property catalog showcasing agricultural offers in Baltic States – Latvia and Lithuania! From fertile lands to lush forests and thriving farms, we’ve curated a diverse selection of properties in various sizes to suit your investment needs. Don’t miss out on the chance to be a part of the flourishing agricultural sector in the Baltic region.

In case of interest, please contact us by writing to the e-mail actusQ@actusQ.lv and we will contact you!

Latvia bans the import of certain agricultural and fodder products from Russia and Belarus

In compliance with the amendments to the “Agriculture and Rural Development Law”, which were announced by the President of Latvia on February 23, 2024 and which will enter into force on March 8, 2024, on Tuesday, March 5, the government approved the Cabinet of Ministers regulations prepared by the Ministry of Agriculture (MOA), setting agricultural and fodder products from Russia and Belarus, as well as from other third countries, prohibited for importation into Latvia, if the relevant products are of Russian or Belarus origin.

As Russia’s border country, Latvia is trying to achieve the fastest possible severing of economic ties with the aggressor country, and this Latvian initiative to ban the import of agricultural and fodder products from Russia and Belarus, as well as from other third countries, if the relevant products are of Russian or Belarusian origin, is an additional element to the common EU sanctions policy.

Taking into account the above-mentioned information, decisions have been made that reflect the common values of the Latvian state, without affecting its development. The import ban applies to:

  • for all vegetables (products mentioned in Regulation No. 2658/87* in Chapter 7 of Part II, Section II of Annex I);
  • for all fruits, berries and nuts (products mentioned in Regulation No. 2658/87 in Annex I, Part Two, Section II, Chapter 8);
  • for all cereals (products mentioned in Regulation No. 2658/87 in Annex I, Part Two, Section II, Chapter 10);
  • fodder raw materials and finished fodder (products mentioned in Chapter 23 of Part II, Section IV of Regulation No. 2658/87).

“Rules on agricultural and fodder products prohibited for import into Latvia” will enter into force on March 8 and will be published in the official publication “Latvijas Vēstnesis”, while the informative report “On the import of Russian agricultural and food products into Latvia” was heard and accepted by the government.

COMMISSION IMPLEMENTING REGULATION (EU) 2023/2364 amending Annex I to Council Regulation (EEC) No. 2658/87 on the tariff and statistical nomenclature and the common customs tariff.

Information source: Ministry of Agriculture

ActusQ Newsletter February 2024

ActusQ February newsletter about current topicalities in Latvian agricultural sector has been published! At the end of the newsletter you will find selected agricultural real estate offers.

State support for the agricultural sector in 2024

8.72 million euros are planned for state aid in agriculture in 2024.

Animal breeders’ organizations, accredited milk laboratories, farmers’ organizations and other institutions receive support. Application deadlines are different for each type of support, current information about the deadlines will be published on the website of the Rural Support Service.

Estimated distribution of funding:

  • for the development of animal husbandry – 6.079 million euros;
  • for crop cultivation development – 489 thousand euros;
  • for international and mutual cooperation – 731 thousand euros;
  • for market promotion – 696 thousand euros;
  • for the promotion of food quality schemes – 127 thousand euros.

More information about state support can be found on the website of the Rural Support Service in the “State support” section.

Source of information: Rural Support Service

ActusQ Newsletter January 2024

ActusQ January newsletter about current topicalities in Latvian agricultural sector has been published! At the end of the newsletter you will find selected agricultural real estate offers.

The priority of agricultural industries – to produce products of higher value for the local market and for export

To develop agriculture, forestry and fishery sectors based on knowledge and sustainability in order to produce products of higher value for the local market and for export and to promote the availability of safe and high-quality food – this is the main goal set in the government action plan of the Ministry of Agriculture (MofA), which was approved by the Cabinet of Ministers on Tuesday, January 16.

Minister of Agriculture Armands Krauze: “One of the main goals of the Ministry of Agriculture is measures to increase the sales of agricultural and food products, to increase the production and consumption of local products in the local market and export, in this regard, promoting the development of healthy eating habits for children already in childhood, promoting the use of fresh and healthy local products in the daily diet in educational institutions.”

In order for agricultural production sectors (agriculture, fisheries, forestry, food production) to continuously modernize along with the growth of technology and to be able to adapt without delay to changes in market demand, according to the government’s action plan, the Ministry of Agriculture will strengthen science-based modern, accessible and future-oriented lifelong learning, secondary professional and higher education in the fields of agriculture, forestry, fisheries and food production.

It is no less important to finally introduce a fair compensation system for restrictions on economic activity, which has been revised and created with an efficient and sustainable management model of natural resources related to agriculture and forestry.

In the future, the Ministry of Agriculture will also pay great attention to reducing the administrative burden on entrepreneurs and citizens by making structural changes in the Ministry of Agriculture and subordinate institutions.

Information source: Ministry of Agriculture

Change of ActusQ office opening hours over Christmas holidays

We inform you, that employees of Ltd “ActusQ” are going on Christmas holidays from December 23 to January 1. We will resume working in usual working mode on January 2, 2024.

Wishing you a Christmas filled with happiness, warmth of cozy moments and serenity of winter peace. May the New Year 2024 sparkle with joy, inspiration and new achievements!

ActusQ Newsletter December 2023

ActusQ December newsletter about current topicalities in Latvian agricultural sector has been published! At the end of the newsletter you will find selected agricultural real estate offers. May the serenity of winter peace bring inspiration for new achievements!