On 19 February, Latvia's state television channel broadcasted a live awards ceremony for the winners of the prestigious "Kilogram of Culture" competition, which is held for several years now with the support of Rietumu Bank charity fund, “Nākotnes Atbalsta fonds” (“Future Support Fund”).
The real estate investment company VILIA has started construction of the biggest new residential building in the historical centre of Riga, on Dainas Street. The first inhabitants of the new house will be able to move in at the beginning of 2023.
Nākotnes Atbalsta fonds (Future Supporting Fund), founded by Rietumu Bank, donated three oxygen therapy concentrators to Jurmala Hospital. Such devices are used to treat various respiratory diseases, including complications of Covid-19.
In December the largest international music festival in the Baltic Region, Riga Jurmala, which became a worthy successor to the tradition of music festivals held in Jurmala, announced its programme for this year.
Less than a week is left until the traditional big “Artembassy” auction, held annually in autumn in Riga with the support of Rietumu Bank.
Despite the lockdown and the so-far undefeated covid, we at Rietumu continue to work and make plans for the future. Including new investment and credit projects in Latvia and in other Baltic countries. As a retrospective, here is a brief summary of one of the most impressive recent projects.