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Bakery Laci tops Most Admired Companies List this year
Bakery Laci is the highest-ranked company in the annual Most Admired Companies List this year, while the company's owner and head Normunds Skaugis has topped the list of best business managers in Latvia.
Rīgas 2. saldētava from now on will be known as Teikas saldētava
Starting from June 2016, Rīgas 2.saldētava changes its brand name and corporate identity and from now on will be known as Teikas saldētava.

Industries news

The financial industry
The financial services sector in Latvia suffered most gravely from the crisis: losses of the banking sector for two years have “eaten away” profits for the previous five years. The number of bad loans has increased, including outstanding loan liabilities.
Transport and logistics opens gates between Europe and the East
In Latvia, located between the EU and the CIS/Asia states, the transport industry is based on services to these large markets, further developing the existing transit corridors, opening new transport routes and inventing new services.

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