The tour operator Tez Tour, in cooperation with the insurance company Ergo, has developed a new insurance solution that allows travelers to receive compensation in situations that until now have not been covered by traditional insurance terms either in Latvia or elsewhere in the Baltics. As the tour operator reports, a new insurance solution was introduced with the flights to Egypt on 25 and 26 October. As Tez Tour Latvia explains […]
A typical information technology innovation creates new jobs for IT sector employees, but someone else on the other side of the city loses their job, influence, or half of their income – accountants, taxi drivers, journalists. With generative AI it is different. Since it is based on text, it naturally affects professions that are based on language – programmers, journalists, and lawyers. Also in this case, journalists are […]
Recently Amazon Web Services experienced an outage – screens went dark, dashboards stopped flickering, and the internet once again discovered that the “cloud” periodically proves it really lives up to its name. When so many systems stopped working, it was undeniably unpleasant, even painful. People will lose their jobs – including well-regarded professionals. A great deal of money was lost last week. […]
NORD Credit is one of the licensed consumer lending companies in Latvia.
Guna Soloveja leads the R&D department at the telecommunications company Tet.
In the field of research and development (R&D), Latvia’s small and medium-sized enterprises invest only when all other needs have already been covered and there is money left over. However, R&D is in fact the very foundation that makes it possible to explore and introduce unprecedented services and products. Working with scientists is often something only large and wealthy companies can afford. Guna Soloveja heads the R&D department in one […]
The saying “Time is money” is one of the basic principles of the business world, and in Latvia’s business environment right now it is truer than ever. The dynamic work pace is reinforcing the trend for companies to promptly borrow the funding needed for project implementation and to repay it flexibly, using grace periods and other solutions. Data compiled by the business financer Cityfinances show that businesses seek to receive funding within a day and […]
The Saeima faction of the party “New Unity” has prepared a draft amendment to the Energy Law in order to introduce a regulated tariff for independent heat energy producers in Riga, as this is expected to help reduce the heating tariff. This is evidenced by a post on the social network X by Saeima deputy Andris Kulbergs (United List), where he adds that he agrees that in this way partial improvements can be achieved. None of the politicians, however, has added that […]
It is 2018, 10:30 p.m. A bottle of wine in my left hand. A box of tissues in my right. Feverish after a 15-hour workday, yet feeling lighter than I had in years – both literally and figuratively. For the first time in many years, I wasn’t carrying a laptop. It was my last day in the United Kingdom before moving back to Riga. Two thoughts were running through my head: 1. This is […]
Maksims Mališko is a financier, Chairman of the Supervisory Board of SIA Grand Credit. Included in the Forbes Baltics 40 under 40 list of financiers in 2020.
