FINANCIAL STATEMENTS
LNMC's financial statements provide transparent data and detailed analysis for each year. They reflect the transparency and accountability of the action, enabling access to budget use, revenue and expenditure. Select a specific year to view the full report.
REMUNERATION POLICY
By-law of the SIA “national Metrology Centre of Latvia” On staff remuneration confirmed at the meeting of the Management Board on 19 December 2025.
The purpose of this Regulation is to determine the uniform remuneration procedures and principles of the SIA “Latvian national Metrology Centre” (hereinafter LNMC). The by-law has been drawn up in accordance with the requirements of the Law on the Management of capital shares and capital companies of a public person and the Labour Law.
The compensation of an employee shall consist of two parts, the fixed and variable parts. Motivating metrology engineers and leading metrology engineers, the LNMC has a system of motivation based on the quantitative performance of services.
LNMC employees can be awarded bonuses of up to 100 per month of their pay for outstanding work plan and goal performance% . The payment of the premiums shall be approved by the LNMC Board.
The amount of remuneration of a Member of the board of directors shall be determined by the holder of State capital shares, observing the Law on the Management of capital shares and capital companies of a public person, as well as Cabinet Regulation No. 392 of 25 June 2025, procedures for determining the number of members of the Board and Council and the remuneration in Case of the Administration of capital shares of a public person.
The remuneration paid to Kaspars Paupem Member of the Board of the Latvian national Metrology Centre in 2025 is EUR 55537 before tax.
The remuneration paid to Kaspars Paupem Member of the Board of the Latvian national Metrology Centre in 2024 is EUR 56868 before tax.
