Latvia in the Eurovision Choir of the Year going to develop a new show to join the existing Eurovision Family of Events. The event was officially confirmed on 30 November 2016, with Latvia chosen to host the inaugural event scheduled to take place on 22 July 2017. On 14 February 2017, it was confirmed that the inaugural contest would take place at the Arena Riga, located in the Latvian capital. The arena is primarily used for ice hockey, basketball and concerts. Riga Arena holds a maximum of 14,500 and was completed in 2006. It was built to be used as one of the venues for the 2006 IIHF
History of Latvia state took control over cooperative societies and associations. Dairy industry was placed under control of Central Union of Dairy Farmers. On April 9, 1935 a state controlled Credit Bank of Latvia was created which reduced role of foreign capital by creating many state owned industry monopolies and joint stock companies. Buyouts and liquidations of foreign, Baltic German and Jewish owned companies become a norm. In place of many competing companies large state owned companies were created. In 1939 state owned 38 such companies. The new JSC Vairogs produced railway carriages and Ford-Vairogs automobiles under Ford licence. VEF made world's smallest