At the same time, Šlesers is owner and Supervisory Board member of EuroRailTrans, which is a joint venture together with the Russian Railways.
The fertilizer terminal is a joint venture together with Uralchem, one of the world's largest fertilizer companies, while the coal terminal is a joint venture together with one of Russia's leading coal exporters, SDS-Mir Trade. RTO is the leading port company in Latvia, having the largest coal and fertilizer terminals in the Baltics. This is a joint venture together with former Prime Minister Andris Šķēle. Since Šlesers left office in 2010, his political party and Ušakovs have been re-elected twice with majority of votes and still run the Riga City Council to this day.Ĭurrently, Šlesers is owner and Chairman of Multi Capital Holdings who manage the Riga Commercial Port group (RTO).
Ušakovs became Mayor, while Šlesers became Deputy Mayor. Šlesers took part in the Riga City Council elections in 2009 and received a majority of votes together with the Harmony Party and their leader Nils Ušakovs. With total investments exceeding 5,8 billion Euros, the project will offer convenient connections to the Baltic Capitals and to Western Europe. Due to its fast-paced growth, the Riga Airport was included in the EU railway development project, Rail Baltica. At the same time, the Latvian government-owned airline airBaltic has steadily become the largest airline in the Baltics. The crucial step in the development of the airport was the agreement between Šlesers and Ryanair CEO Michael O'Leary about entering the Riga Airport in 2005. During these years, he is credited for developing the Riga International Airport into a regional hub, increasing the number of passengers tenfold. Šlesers was Minister of Transport and Communications from 2004 to 2009, while also serving as Deputy Prime Minister in Indulis Emsis Government. He was also the Minister of Economics in the cabinet of Vilis Krištopans (1998–1999), Deputy Prime Minister in the cabinet of Einars Repše and Indulis Emsis (2002-2004), Minister of Transport in the cabinet of Indulis Emsis, Aigars Kalvītis and Ivars Godmanis (2004-2009) and Deputy Mayor of Riga in 2009–2010. He was the leader of the LPP/LC and a Parliament Deputy of the 7th, 8th, 9th and 10th Saeima. Through his joint ventures, he has opened and developed Rimi Baltic, Narvesen, Cubus, Bik Bok, Dressmann store chains major shopping malls in Riga – Galerija Centrs, Mols, Dole, Alfa, Minsk, Origo and Olympia hotels Radisson Blu Ridzene and Radisson Blu Latvija, as well as large real estate developments – Saules Akmens and Saliena. Šlesers has been credited for bringing among the first foreign investors to Latvia.
He also was Chairman of the Board and President of JSC Supermarket "Centrs" (1995–1998) and Director General of Rimi Baltija, Ltd (1996–1997). During 1994–1998 he was Director General at Norwegian retail chain "Varner Baltija" and Director General of "Varner Hakon Invest", both ventures of Varner-Gruppen. Through joint ventures together with Frank Varner and Stein Erik Hagen, he opened numerous shopping centres as well as real estate and commercial properties in Latvia. Šlesers started his business in Norway, becoming President of the Latvian Information and Commerce Center in Norway in 1992.
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