ABLV Bank – A Skilled Financial Partner for Trade and Export Companies

For more than 20 years, ABLV Bank has been providing expert financial advice and services to international trading companies throughout and beyond the Baltic region. As importing and exporting have increased in importance in the Baltic and Commonwealth of Independent States (CIS), so too has ABLV Bank increased its focus on supporting the business activities… Continue Reading

Everything you need to know about Latvian business culture

Everything you need to know about Latvian business culture

The business culture of a country is really important when considering getting involved in its market, as this will give you a better understanding of what and how you should take certain approaches while making decisions. But some problems and difficulties may rise when researching, especially the fact that the business culture is not an… Continue Reading

The Triumph of Education and Training in Latvia

The Triumph of Education and Training in Latvia

Situated in the center of the Baltic States, Latvia is a small country with a population just under two million. With Europe to the west and Russia to the east, Latvia is ideally positioned for commerce, transportation and logistics. Separated from the Soviet Union in 1991, one of the first things the newly independent country… Continue Reading

Top Companies in the Baltic in the Past Years

Top Companies in the Baltic in the Past Years

In the Baltic you will find powerhouse companies leading the way in many industries including chemical goods, power, software and oil. These companies all are helping the Baltic States to develop individually and as a whole. Latvia, in particular, continues to be a growing market especially as a strategic location for imports and exports, and… Continue Reading

What is family farming in Latvia and why it’s important?

What is family farming in Latvia and why it’s important?

Historically agriculture has been the backbone of any given economic system. It uses the most land to produce the most food products. It provides food, raw material for other industries and the largest employment opportunities in rural areas. It also preserves the quality of the rural environment and when practiced in family farms, it can,… Continue Reading

What you need to know about the Baltic Gold business

What you need to know about the Baltic Gold business

Commonly known as “Baltic Gold”, amber has a special place among Latvians. Many different elements in diverse contexts connect their culture to this precious stone. You could travel abroad and find Latvia’s Amber Chorus singing. You could just go for a walk in Riga and feel the scent of the Amber perfumery, or you could… Continue Reading

How to foster competitiveness through structural reforms: The Latvian example

How to foster competitiveness through structural reforms: The Latvian example

The economic reality of each country will demand some changes at some point. It is commonly mentioned in the topic of development; especially when it comes to Latvia and the Eurozone. In order to achieve positive results in the competitiveness rates, the implication of structural reforms is tremendously stressed by the European Commission and the… Continue Reading

All you need to know about Latvia’s business environment

All you need to know about Latvia’s business environment

No matter if you are located in the middle of the Sahara desert or across the Baltic Sea, businesses do not operate inside a bubble, they operate in an environment. Business environment is the combination of both external and internal factors that influence a company’s operating condition. The business environment usually includes factors such as… Continue Reading