Posts Tagged ‘Latvia’
She’s Next grant awarded to Nordspring and Plūkt
In the She’s Next 2024 grant programme by Visa, two Latvian companies—family-owned soil mix business Nordspring and Nordic herbal tea brand Plūkt—have been announced as winners. Each company will receive €10,000 and a one-year personal business training opportunity.
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Originally published on 13 Feb
Read MoreLatvian AM Craft 3D prints over 1,000 arm caps for LOT
LOT Polish Airlines has adopted 3D-printed arm caps for the economy class seats in its Boeing 737 fleet, marking another milestone in the use of additive manufacturing (AM) for aircraft interior components. The arm caps, designed and produced by AM Craft, address durability issues and supply chain challenges that led to frequent part shortages and failures with traditionally manufactured components.
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Originally published on 12 Feb
Read MoreInese Muzikante becomes Riga Business School director
The leadership of Riga Technical University announced on 4 February that Inese Muzikante will become director of the Riga Business School.
Inese Muzikante had been serving as the school’s interim director since 3 August. Previously, she had been responsible for the management and development of the faculty of all academic programs and was a lecturer in the Executive MBA Leadership Development Practicum course.
Tālis Juhna, the rector of Riga Technical University, said: “RBS is an important part of the RTU ecosystem. For more than 30 years, RBS has focused on developing high-level business leadership education. Business and innovation management and digitalisation play an increasingly important role in today’s business environment, so they are already and will continue to be the leading directions at RBS. I am confident that Inese Muzikante’s strategic vision and experience will inspire the RBS team and students to grow purposefully.”
Connect with Inese on LinkedIn
Read MoreRail Baltica announces procurement plan for 2025
To keep potential suppliers and partners informed about procurement priorities for 2025, the Rail Baltica global project is providing a comprehensive overview of ongoing and upcoming procurement activities. These procurements focus on essential services that drive the advancement of the Rail Baltica project, covering key areas such as superstructure construction, environmental assessments, and design work for specific infrastructure elements and facilities.
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Originally published on 10 Feb
Read MoreMapon Acquires Swedish Fleet Management Company Interkom AB
Draugiem Group company Mapon expands its presence in the Nordic region by acquiring 100% of the shares in Interkom AB, a fleet management provider based in Lund, Sweden. Mapon and Interkom AB offer fleet management and GPS tracking solutions, helping clients optimize resource management, enhance road safety, and promote sustainable corporate governance. This acquisition strengthens Mapon’s customer base in Sweden and brings in a team of seasoned professionals, enabling faster growth in the Swedish market.
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Originally published on 10 Feb
Read MoreBaltic states switch to European power grid, ending Russia ties
The Baltic states of Estonia, Latvia and Lithuania completed a switch from Russia’s electricity grid to the EU’s system on Sunday, severing Soviet-era ties amid heightened security after the suspected sabotage of several subsea cables and pipelines.
Ursula von der Leyen, the president of the European Commission, hailed the move, years in the planning, as marking a new era of freedom for the region, in a speech at a ceremony in Vilnius alongside the leaders of the three countries and the Polish president.
Debated for many years, the complex switch away from the grid of their former Soviet imperial overlord gained momentum following Moscow’s annexation of Crimea in 2014 and its invasion of Ukraine in 2022.
It is designed to integrate the three Baltic states more closely with the EU and to boost the region’s energy security.
Source: Reuters
Read MorePresident of Latvia: synchronisation of the Baltic States with the European energy system is a historic step in strengthening our energy independence
On 9 February, President Edgars Rinkēvičs paid a working visit to Vilnius, Republic of Lithuania. During the visit, President of Latvia met with the President of the Republic of Lithuania, Gitanas Nausėda, the President of the Republic of Estonia, Alar Karis, the President of the Republic of Poland, Andrzej Duda, and the President of the European Commission, Ursula von der Leyen. The officials discussed the accession of the Baltic states to the European energy system, the protection of critical infrastructure, the strengthening of transatlantic relations, the development of the European defence industry, the implementation of key regional infrastructure projects, as well as support for Ukraine and sanctions policy towards Russia.
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Originally published on 9 Feb
Read MoreBaltic Startup Funding Report—H2 2024 update
The Baltic Startup Funding Report by Change Ventures and FIRSTPICK is a semi-annual publication of detailed data about funding rounds for startups in the Baltics, including companies with HQs elsewhere but with a dominant base in Estonia, Latvia, or Lithuania.
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Originally published on 5 Feb
Read MoreIeva Jāgere to head Latvian investment agency
The open competition for the position of director of the Investment and Development Agency of Latvia has concluded with a nod from the minister of economics to Ieva Jāgere.
Ieva comes to the position with more than 15 years of experience in corporate finance. She has led high-volume investment attraction deals and, until her appointment, worked at ALTUM, a financial institution. Additionally, Ieva is a managing partner at Callidus Capital, a financial and investment consultancy, as well as an independent member of the Internal Audit Committee at Indexo.
From 2016 to 2022, Ieva served as CEO of Callidus Capital. Prior to that, she spent more than three years as head of corporate finance at Oaklins Baltics, where she was responsible for investment attraction and deal management for various clients.
The newly appointed LIAA director holds an MBA from the Stockholm School of Economics in Riga and a master’s in international economics and business from the University of Latvia.
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