adela sediva latvia 200 8. general facts about latvia general facts about latvia locality of latvia...
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Adela Sediva
Latvia
2008
General facts about LatviaGeneral facts about Latvia
Locality of Latvia Heart of Baltic and the biggest city
agglomeration in Baltic region
Geographical- economical Geographical- economical characterizationcharacterization
Location of Latvia - major influence on the country's diverse historical and cultural experiences;
Geographic location as an important East-West commercial and trading center;
Latvia's main exports - timber, paper and agricultural products;
Reforms implemented in Latvia and integration in the EU have left a positive impact on economic development of the country. Latvia has shown the highest economic growth rates in the EU.
Geographical- economical Geographical- economical characterization IIcharacterization II
Capital of Latvia-RIGA:The largest city in the Baltic States;most important centre of industry, finance and
transport in the Baltic region- In the 14th and 15th century, Riga became one of the most developed centers of the Hansa Union;
Geographical- economical Geographical- economical characterization IIacharacterization IIa
significant role in the region being an important transport junction on the roads between Western and Eastern countries;
the dramatical change of industrial structure;
ideally located on the cross-roads between Eastern and Western Europe as well as between Russia and the Scandinavia;
Geographical- economical Geographical- economical characterization IIIcharacterization III
Ventspils - Harbour in the Baltic Sea one of the oldest cities in Latvia one of Latvia's most important harbours through
which passes a great deal of shipping transit
Geographical- economical Geographical- economical characterization IVcharacterization IV
Key Macroeconomic Data
Geographical- economical Geographical- economical characterization Vcharacterization V
Privatization in Latvia - previously state-owned small and medium
enterprises have been privatized;
have led to the development of a dynamic and prosperous private sector;
Still in state hands there is the electric utility, the Latvian railway company, and the Latvian postal system, as well as state shares in several politically sensitive concerns
Industrial structureIndustrial structure of Latviaof Latvia
The main industrial sectors:the pharmaceutical industry;food production;wood processing and furniture production;production of communication technologies;the electronics and electrical engineering
industry; the sector of mechanical engineering and
metalworking; transport sector and transit;the textile and clothing sector.
Industrial profiles IIndustrial profiles I
Biotechnologies Chemicals and Pharmaceuticals The chemical industry accounts for 8.4% of total
value added within manufacturing.
Industrial profiles IIIndustrial profiles II Sector Exports
The leading export products are pharmaceuticals, comprising 40.6% of the sector's total exports, followed by plastic products (23%) and glass fibre (14.4%).
Biotechnologies Chemicals and Pharmaceutical Sector Advantages: established manufacturing infrastructure geographical and cultural proximity to eastern
markets. Development trends within the sector include:
bio-tech lab equipment manufacture bio-fuel production generic pharmaceuticals manufacture sub-contracting of research services, production and
packaging
Industrial profiles IIIIndustrial profiles III
Industrial profiles IVIndustrial profiles IV
Food industry is the second biggest sector
Industrial profiles VIndustrial profiles V
Food industry Sector Advantages : Latvia is at the heart of Europe’s fastest-growing
region the Baltic Sea Region
Sector Exports With Latvia becoming a member state of the EU,
larger avenues are opening up for its exporters with the EU concluding preferential trade agreements with several countries where Latvian products did not previously benefit from any trade relief.
Industrial profiles VIIndustrial profiles VI
Wood processing industry profile
Sector Exports
most important export industry contributing as much as one third of export turnover and playing an essential role in rural and regional employment. Around 80% of total output is exported.
Sector Advantages
availability of large domestic and imported wood resources
skilled labour force in a historically traditional industry
established timber-processing sector
Industrial profiles VIIIndustrial profiles VII
The ICT sector in Latvia Mobile communication services WAP and Internet services Sector Exports
Industrial profiles VIIIIndustrial profiles VIII
Sector Advantages favourable geographic location availability of highly skilled ICT professionals with
international project experience (including project management), good language skills and a combination of western-style working culture with knowledge of the Russian market
highly developed communications and logistics infrastructure
a high level of government support and attractive taxation policy
Industrial profiles IXIndustrial profiles IX
Electrical and optical equipment industry VEF factory
Industrial profiles XIndustrial profiles X
Sector Exports Sector Advantages
Well-established traditions in engineering and electronics manufacturing
An educated, skilled, cost effective workforce, around 1000 technical staff and 100 qualified engineers entering the labour market each year
EU quality levels achieved A strategic location between the east and west, ideally
suited for targeting the Baltic Sea region and Russian markets
Well-developed professional services, telecommunications and IT, energy, financial, logistics and transport systems
Excellent foreign language skills
Industrial profiles XIIndustrial profiles XI
Mechanical Engineering and Metalworking Sector Advantages
Competitive labour skill/cost ratio . Short order-delivery time. Computerised and on-line capabilities. Educated and well-trained workforce.
Industrial profiles XIIIndustrial profiles XII
Transit and Logistics Sector Advantages
Latvia's geographical location between east and west The quality and level of transport and logistics services Quality of road, rail, and maritime infrastructure Availability of skilled labour Availability of high level IT in the transport industry Government support for the development of the transit,
transport and logistics sector Taxation issues
Industrial profiles XIIIIndustrial profiles XIII
Light industry (production of textile and leather products)
Sector Exports
Industrial profiles XIVIndustrial profiles XIV
Light industry Sector Advantages Skilled and flexible workforce Experienced engineering and design staff familiar
with the industry's newest trends Dedicated managers who have often become co-
owners of the companies they lead High quality production and design equipment Substantial experience of working both in eastern
markets and with customers and partners from western Europe
The SThe Structure and supply tructure and supply of services to enterpriseof services to enterprise
LIAA promoting business development by facilitating more
foreign investment increasing the competitiveness of Latvian
entrepreneurs in both domestic and foreign markets The Chamber
creating favourable business environment; represent economic interests of Latvia's enterprises; offer business promotion services
Commercial Consultancy bureaus- Different commercial consultancy agencies, providing
wide scale of services in order to full fill your ideas
WHO ARE WE?
• EuroFortis SIA is a new consulting center
• Our activities started in 2006 as Stalex Horice filiale (branch of Czech company)
• In 2007 we transformed and renamed company as an independent company Eurofortis SIA
THE MAIN ACTIVITIES
• European educational projects and consultancy
• Business and management consulting for foreign and local companies
• Marketing researches for foreign and local clients
EU PROJECTS
At this moment we are one few companies working in EU educational project field.
- Participation in 6 different projects with innovative content
We can professionally provide these tasks for the project:
Researches in a given sphere Hing quality of promotion and dissemination activities Cooperation with universities, regional development
agencies, employment agencies, local social institutions
BUSINESS CONSULTANCY
Eurofortis helps to foreign businessmen entering Latvian market and supports their successful start in Baltic.
Full assistance service for foreign companies Search of relevant business partners in Latvia Search of distributors in Latvia
MARKETING RESEARCH
At the end of year 2007 Eurofortis is starting with providing of marketing researches for local and foreign companies.
•Research on given sphere•B2B and B2C researches •Complex marketing research •Collection of data and analysis•Focus groups
Continous training services
Almost all continuous training services in Latvia are provided by private training institutions.
Professional courses Educational centers Language courses
Possibilities of blended Possibilities of blended learning learning
Benefit of blended learning- self studies combined with traditional learning
Possibilities of blended learning in Latvia- possible, but still not common in a field of professional education
Institutions offering blended learning programmes: Language training centres Computer training centres Universities
University of Latvia and Riga Technical University- good examples of using a blended learning tool MOODLE
e-learning program „mysellingskills”
Possibilities of blended learning –
Moodle tool Moodle is a free open source course management
system
