nThe year 2024 has been a pivotal one for the construction industry, marked by a series of crises in large-scale projects that have shaken both industry professionals and public confidence. Though, amidst the challenges, critical issues in construction project management, efficiency, and quality have come to the forefront, offering valuable lessons for the future. The … Read more
Global Markets Surge as Trump Takes office: A New Era for the Economy Stock prices on world exchanges soared on Tuesday, marking a importent uptick following US President Donald Trump’s inauguration the previous day. Investors responded positively to his initial executive orders and remarks, which signaled a more measured approach to global economic policies then … Read more
Consumer Prices Surge by 3.3% in December 2024: A Deep Dive into the Data In December 2024, the average level of consumer prices rose by 3.3% compared to the same month in 2023, according to the latest data from the Central Statistics Office. This increase reflects meaningful shifts across various sectors, with food and non-alcoholic … Read more
Aloja-Starkelsen Reports Record Turnover and Profit Growth in 2024 Fiscal year Latvia’s leading potato starch producer, Aloja-Starkelsen, has announced remarkable financial results for the fiscal year ending August 31, 2024. The company achieved a turnover of 19.028 million euros, marking a 14.4% increase compared to the previous year. Even more striking, its profit surged … Read more
Baltic M&A and Private Equity Forum 2025: A Premier Gathering for Industry Leaders in Tallinn The Baltic M&A and Private Equity Forum, a cornerstone event for the transaction market, is set to return in 2025. Organized by Sorainen in collaboration with Baltic venture capital associations and leading business media outlets such as Business Day, Business … Read more
cautious Optimism for Latvia’s Housing and Mortgage Market in 2025 Latvia’s housing and mortgage market is showing signs of recovery,with experts expressing cautious optimism for 2025.According to data from the Latvian branch of Bigbank, the number of new home loan contracts in Latvia surged by 116% in November 2024, significantly outpacing growth in neighboring … Read more
Global Markets React too Inflation Concerns and U.S. Political Shifts Shares in Europe and Asia traded flat on Thursday as investors closely monitored inflation trends and U.S.interest rate expectations. The cautious sentiment comes ahead of Donald Trump’s second term in office, with markets bracing for potential policy shifts. In the U.S., stock markets remained closed … Read more
Stocks Surge as Investors weigh Tariff Policies and Tech Sector Performance The global stock market experienced a mixed yet optimistic start to the week,with US and European indices mostly climbing as investors digested news of potential shifts in tariff policies and celebrated strong performances in the tech sector. The Dow Jones Industrial Average dipped slightly,while … Read more
Upskilling: The Key to a Thriving American Workforce The American job market, onc characterized by a relentless pursuit of new hires, is undergoing a meaningful shift. The post-pandemic economic landscape, coupled with rapid technological advancements, has forced many companies to re-evaluate their talent acquisition strategies. Instead of solely relying on external recruitment, a … Read more
Looking back at 2024, it’s clear the cryptocurrency industry reached a important turning point. Both Bitcoin adn the overall market capitalization soared to record highs, marking a year of unprecedented growth and adoption. The success of U.S. spot Bitcoin ETFs far exceeded expectations, attracting over $31 billion in investments and boasting over $100 billion in … Read more