Privacy Policy

Privacy Policy

Protection of data privacy

SIA "Privāto aktīvu pārvalde" (“PAP” or “we”) has been registered in Latvia and performs its operations in strict compliance with confidentiality requirements. This confidentiality notice depicts our approach to confidentiality matters. By using this website and submitting any personal data, you express your consent that PAP uses the aforementioned data in accordance with this confidentiality notice. Should you have any about confidentiality of your personal data, do not hesitate to contact us sending an email to our address

Data Collecting
We collect personal data or information that can be identified which specifically and voluntarily is submitted by a visitor of our website. Visitors can send us email via this internet website. The message contains information about the name of the screen and email address as well as any additional information that is voluntarily included by the sender in the message.

Use of the Data
We use personal data submitted by the visitor for the purposes that they have been submitted for and that are mentioned at the place of data submitting (or if it is obvious from the context of data collection). We can use your personal data to contact you and inform about PAP business activities, services and events as well as to provide any other information you might be interested in.
Our websites do not collect and store personal data to disseminate or sell them to third parties for conducting consumer marketing or for sending messages on behalf of third persons.

Personal Data Controller
SIA "Privāto aktīvu pārvalde" (limited liability company, registered and performing operations in Latvia, registration No. 40003552672, registered address Dzirnavu Street 68 k-2, Riga, LV-1050) is the controller of any personal data that have been collected by using this website; the aforementioned data shall be processed in accordance with the “Personal Data Protection Law” of the Republic of Latvia and respective regulatory enactments of the EU.

Disclosing to Third Parties
We admit that your information is valuable and undertake to take all grounded measures to protect your information as long as it is in our disposal.
Personal data submitted can be handed over to partner companies of PAP company network when necessary to achieve the objectives which the visitor has submitted the respective information for. Your personal data can be also submitted to independent service providers which process information on behalf of PAP, including, the providers of information technology, identity management, internet webpage developing and managing, data analysis, data duplicating, safety and storage services.
PAP can disclose your personal data to law enforcement, administrative or other state institutions or to third parties when necessary pursuant to applicable regulatory provisions.
Your personal data will not handed over to partner companies of PAP company network or to any third party for the fulfilment of any secondary or unrelated objectives unless it has been indicated otherwise at the site of data collection.

We have introduced generally acceptable technology and operation safety standards to prevent the loss, unsuitable use, exchange or destruction of personal data and information. Namely, we have ensured all suitable confidentiality obligations as well as all technical and organisational safety measures to prevent unauthorised or unlawful disclosure, processing, accidental loss, destruction or damage of the aforementioned information or data. Only the authorised personnel of PAP have the right to access the personal data and these aforementioned employees have confirmed that they are to ensure confidentiality of the respective information.

Access to Information
In case you would like to renew the personal data submitted to us, please use this website; you can also do it by sending us an email to
While storing the personal data, we do not undertake the responsibility to check the correctness of the contents.
In case you would like to receive more detailed information about the data submitted to us, please use this website. You have the right to access the aforementioned information; for this purpose, please contact us by using the aforementioned email address.

Data Storage
Your personal data submitted to us shall only be stored as long as it is necessary for the purpose which they have been collected for or in compliance with the requirements of the law.

Cookies are small text files that are created and stored in the visitor’s device (computer, mobile telephone or tablet) at the moment of using a website by the website (webpage) browser (for example, Google Chrome, Internet Explorer, Firefox, Safari, etc.) to identify the browser or information/settings saved in the browser. In such a way, cookies help the webpage in obtaining the ability to save individual settings of the visitor, to recognise the visitor and react correspondingly as well as to analyse the webpage visits and improve its operation.

A visitor of the webpage has the right not to agree or refuse from the use of analytical cookies which means only functional cookies are installed within the framework of the respective session as correct functioning of the webpage is not possible without these cookies. Nowadays, webpages cannot be used up to full extent without functional cookies. These cookies permit the webpage to identify the visitor. The main function of cookies is to permit the server of the webpage to receive information about the session of the user and to ensure complete operation of the webpage. Analytical cookies are needed for us to analyse the use of internet website. Information received from analytical cookies is being collected, stored and analysed by using the service of website visitor activity analysis which is ensured by Google Analytics Tool. The use of analytical cookies for making analysis is a legitimate interest of the controller so that this information could be used for the purpose of economic activities in the current circumstances of information society.

Cookies used in the webpage and what they are intended for:

Name of the cookie Description and functional meaning of the cookie Length of life of the cookie Legal grounds
PHPSESSID Ensures equipollence; functionally necessary Time of the specifics session Legitimate interest of the controller
privacy_policy, cookie_opt Ensures the operation of respective user’s cookie selection field; functionally necessary 1 year Legitimate interest of the controller
_gat_gtag_UA_* Analytical cookie/cookie necessary for marketing; ensures the possibility of tracing the respective browser, namely, that the session is performed from a specific browser; information is transferred to Google corporation; 1 minute; after that renewed Consent of data subject
_ga Analytical cookie/cookie necessary for marketing; ensures collection of information about the time when the respective session has started and when it has finished; information is transferred to Google corporation; 2 years Consent of data subject
_gid Analytical cookie/cookie necessary for marketing; ensures collection of information about the time when the respective session has started and when it has finished; information is transferred to Google corporation; 24 hours Consent of data subject


You have the right to block cookies completely, at any moment, according to the instructions of the manufacturer. Information about the cookies that have been set in your computer and how they can be managed or deleted is available in webpage

We use cookies to ensure correct functioning of the webpage and for the convenience of its use. Cookies permit us to analyse the visit of the webpage and to improve its operation. See our privacy policy to find out more information about cookies and how to recall consent given by you.

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