More and more workers will be needed

More and more workers will be needed

Despite automation, digitization, Green Deal requirements and artificial intelligence capabilities, Europe will need more and more workers, and at the same time retraining and lifelong learning will be needed with a national approach. This was revealed by Baiba Rozentāle, head of the customer service department of the personnel rental company SIA Biuro, in an interview … Read more

The Estonian company Kose Männisalu became the owner of Merks

The Estonian company Kose Männisalu became the owner of Merks

Estonian real estate company “Kose Männisalu” has become the owner of Latvian construction company SIA “Merks”, according to “Firmas.lv” information. On the other hand, the Estonian citizen Mēlis Olevs has become a real asset to the company. It was already reported that the Estonian construction company “Merko Ehitus” announced at the beginning of August that … Read more

Is there still potential in the bond market?

Is there still potential in the bond market?

Along with an increase in the financial market and high interest rates in the Baltic countries, the bond market is attracting more interest from investors. Do the securities still offer good investment opportunities, or are there signs that the Baltic market is getting too hot? A number of factors have contributed to the attractiveness of … Read more

The Food Union’s turnover in export markets has increased to 45 million euros

The Food Union’s turnover in export markets has increased to 45 million euros

The milk processing and ice cream production company “Food Union”, which includes the production centers AS “Rigas piena kombināts” and AS “Valmieras piens”, closed the year 2023 with a consolidated turnover of 150.2 million euros , which is +12% more compared to the previous period (127.8 million euros). Gross profit increased +49% from 17.7 million … Read more

Binance sees $1.2 billion cash flow

Binance sees .2 billion cash flow

Bitcoin and gold are often compared in financial circles, especially given their reputation as a “store of value” and their status as “safe” investments in times of economic turmoil. This analogy has gained even more traction with the rise in popularity of digital currencies, leading some to refer to the phenomenon as the “new digital … Read more

In Estonia, it is proposed to reduce the requirements for providing printed receipts and invoices

In Estonia, it is proposed to reduce the requirements for providing printed receipts and invoices

Estonia plans to replace most paper receipts for transactions and invoices with digital documents confirming transactions next year, according to a draft law developed by the Estonian Ministry of Economy. The purpose of the bill is to change consumer protection laws that govern the issuing of purchase receipts and invoices sent pursuant to long-term contracts. … Read more

Zirņu and Rudzu Street are expected to be built in Kuldīga for 2.01 million euros

Zirņu and Rudzu Street are expected to be built in Kuldīga for 2.01 million euros

Someone gave a loan, someone bought a car, someone earned by renting property – let’s see what were the expenses, income and purchases of the 14 Saeima members last year, writes “Kas Jauns” magazine. Daiga Mierina’s salary – 85 thousand The speaker of the Saeima Daiga Mieriņa (55) received a salary of 85.4 thousand euros … Read more

Aldaris has vastly decreased losses

Aldaris has vastly decreased losses

Final yr’s knowledge exhibits that the turnover of AS “Aldaris” elevated by 6% and reached 28.2 million euros, the corporate says. By enhancing work processes and increasing the product portfolio, the corporate has been in a position to considerably enhance outcomes, lowering losses from 8.2 million (in 2022) to 1.2 million euros. The entire beer … Read more

Heineken suffered a loss within the first half of the 12 months

Heineken suffered a loss within the first half of the 12 months

Within the first six months of this 12 months, the Dutch beer producer “Heineken” operated with a lack of 95 million euros, in comparison with a revenue of 1.16 billion euros in the identical interval final 12 months, in accordance with the corporate’s announcement which was revealed on Monday. The losses are primarily defined by … Read more

Porsche is contemplating shopping for a part of battery producer Varta

Porsche is contemplating shopping for a part of battery producer Varta

The Italian worldwide monetary firm “UniCredit” can also be all in favour of shopping for a major a part of the financial institution “Luminor” working within the Baltic States, which is at the moment owned by the US funding firm “Blackstone”. , in line with the enterprise information company “Bloomberg”. The knowledge at hand exhibits … Read more