Category Archives: News

Posts pertaining to or related to news from ABLV Bank.

Roller-coaster trend of Latvia’s exports in 2016

Roller-coaster trend of Latvia’s exports in 2016

The trade turnover of Latvia increased by 10.8 percent m-o-m in the beginning of this year, as it was stated by the published inform of the Central Statistical Bureau of Latvia (CSB). Simultaneously, it has contracted in a rate of 3.3 percent y-o-y. And what about the rates of the trade in goods? The annual… Continue Reading

The Red Jackets: Best exporting brands from Latvia.

The Red Jackets: Best exporting brands from Latvia.

The Red Jacket is a Latvia movement that supports local brands. Hence, what they do is to promote the exportation of the best Latvian brands. Since the country is branding thanks to its brands, The Red Jackets promote exporting companies to set Latvian brands as a synonym of quality and value. This community was born… Continue Reading

Why Latvian cuisine will conquer the world

Why Latvian cuisine will conquer the world

One of the first things that visitors always recognize when they come to Latvia is its food. Latvian food has received different types of influences from the countries in the Baltic region. In general, Latvian food historically depended on the creative cooking abilities that Latvians had to incorporate into their culture in order to face… Continue Reading

Here are the best exporters of today… who will be next?

Here are the best exporters of today… who will be next?

The Investment and Development Agency of Latvia, along with the Ministry of Economics, organize the yearly Export and Innovation Awards to celebrate the most Innovative companies and leading exporters of the country. There are six categories in which companies are evaluated: industrial design, Innovative product, best large or medium exporter, leading exporter, best small exporter… Continue Reading

Everything you need to know about traveling to work in Latvia

Everything you need to know about traveling to work in Latvia

Latvia’s location on the Baltic, along with the constant growth in imports and exports, has increased the interest of many to travel to Latvia on business. Traveling to Latvia, the traditional trading spot of Europe, is an experience that besides being lucrative for certain businesses becomes an immersion in its rich and historical culture, architecture… Continue Reading

Handmade products Latvia sells to the world

Handmade products Latvia sells to the world

Globalization and industry have made products from any part of the world easy to  purchase around the world.  People can start a shoe company in South America and sell their products in China without having a big logistic operation. Handmade products from every country are very special because you can purchase, or take if you… Continue Reading

How to do business in Latvia: 4 important company types

How to do business in Latvia: 4 important company types

Before starting a company in Latvia it is crucial to assess and choose the most appropriate type of an undertaking in terms of law and economics. This choice will affect not only the amount of necessary equity capital, but also the legal status of the enterprise and other business related issues. There are several legal… Continue Reading