Augstsprieguma Tīkls
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Augstsprieguma Tīkls
Augstsprieguma Tīkls AS (AST) is an independent electricity transmission state system operator in Latvia. It operates power systems with voltages of 110 kV and above, which is leased from Latvenergo. It is also the main shareholder of Conexus Baltic Grid, a unified natural gas transmission and storage operator in Latvia. History On 15 October 1939 the Ķegums Hydroelectric Power Station, Ķegums power plant and the first substation in Riga start operation. This day is considered as the beginning of AST. AST was a part of Latvenergo. On 2 January 2012, it was unbundled from Latvenergo and the Ministry of Finance of Latvia became the sole shareholder of AST. In December 2017, AST bought from Uniper Ruhrgas International and Itera Latvija 18.31% and 16.05% stakes in Conexus Baltic Grid, a natural gas transmission system operator in Latvia, for €57.394 million. Operations AST operates Latvian power systems with voltages of 110 kV and above, which is leased fr ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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LETA
LETA is the main Latvian news agency. Its headquarters are in Riga. It is owned by Estonian entrepreneur Margus Linnamäe through his company Postimees Group. History It was founded as ''Latopress'' in 1919, soon after Latvia became independent; the name was changed to ''LTA'' the next year when the wire service was subordinated to the Latvian Telegraph Agency. The name ''LETA'' was only used occasionally during the interwar perio In 1940, when Latvia was Soviet occupation of Latvia in 1940, occupied by the Soviet Union The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet ..., it became a subordinate agency of the Telegraph Agency of the Soviet Union (TASS), a status it would keep until Latvia regained independence in 1991. During the occupation of Latvia by Nazi Germany, LETA ...
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Energy Companies Established In 1939
Energy () is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, the internal energy contained within a thermodynamic system, and rest energy associated with an object's rest mass. These are not mutually exclusive. All living organisms constantly take in and release energy. The Earth's climate and ecosystems processes are driven primarily ...
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Government-owned Companies Of Latvia
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. Thi ...
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Electric Power Transmission System Operators In Latvia
Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of either a positive or negative electric charge produces an electric field. The motion of electric charges is an electric current and produces a magnetic field. In most applications, Coulomb's law determines the force acting on an electric charge. Electric potential is the work done to move an electric charge from one point to another within an electric field, typically measured in volts. Electricity plays a central role in many modern technologies, serving in electric power where electric current is used to energise equipment, and in electronics dealing with electrical c ...
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