International Internet Magazine. Baltic States news & analytics
Friday, 26.08.2016, 13:09
Arnis Riekstins, a co-owner of the Mikrotikls company, earned EUR 30.15 mln last year becoming the top earner in Latvia in 2015, according to a list of Latvia's biggest earners, losers, and dividend recipients last year, compiled by Lursoft, business magazine Kapitals, and journalists Lato Lapsa and Kristine Jancevska.
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Nearly two thirds of the Baltic states' biggest companies are Lithuanian-registered firms that operate in Latvia and Estonia, Verslo Zinios business daily said, citing experts as saying that the Lithuanian domination is not only due to the larger local market but also due to Lithuanians' entrepreneurship skills and their ability to work in a highly competitive environment.
Robertas Dargis, the head of the Lithuanian Industrialists Confederation, and Gitanas Nauseda, adviser to SEB bank president, top the list of the country's most influential economists and businessmen, LETA/BNS reports according to delfi.lt information.
Latvian architect and entrepreneur Uldis Pilens has taken 16th spot on Thinkers 20: The Brightest Business Minds in Northern Europe, drawn up by the Nordic Business Forum.
The three largest companies in the Baltic states by turnover represent Lithuania, according to Coface Top 50 Baltic company rating.
Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2016 in Latvia there were 898.5 thousand employed persons or 61.8 % of the population aged 15–74.