News

Keeping track on healthcare projects
Aug 15, 2023

On August 15, the Healthcare work group members met to review the latest developments on healthcare projects including value-based healthcare, healthcare financing, digital health, secondary health data, and value-based medical tenders. The group also reviewed upcoming events related to various healthcare topics and invited the group members to submit comments for the Cardiovascular Health Improvement Action Plan 2025-2027.

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COBALT receives Diversity Award 2023

Aug 15, 2023

On 1 June 2023, COBALT received the Diversity Award in the "Pioneers" category at the Riga Pride 2023 Diversity Award Latvia ceremony. The Diversity Award is presented to companies that have been nominated by experts in the fields of diversity, anti-discrimination, and sustainability. COBALT legal experts have been actively involved in the drafting of the Civil Union Law, ensuring legal protection for unmarried couples in the areas of health, pensions, taxation, inheritance, etc.

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SEB invests in employee training

Aug 15, 2023

As in previous years, SEB bank is offering five employees and an employee of SEB Life & Pension scholarship of up to EUR 2,000 each to encourage them to continue their education. The SEB Employee Study Scholarship Program aims to promote the professional development and growth of employees, thereby enhancing both customer service and internal collaboration with colleagues.

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airBaltic offers 200 jobs

Aug 14, 2023

As the company continues to expand, airBaltic has already recruited 347 employees during the first half of 2023. Thus, the total size of the team has exceeded more than 2360 skilled professionals. Looking ahead, it is planned to attain the mark of approximately 2,500 employees by the end of 2023. 

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EY introduces work environment-based learning pilot project

Aug 14, 2023

BA School of Business and Finance and EY have concluded the first work environment-based learning pilot project in Latvia, within the framework of which students received practical training in the professional environment of EY Latvia for three months in the areas of audit, tax, compliance, and sustainability activities. 20 EY professionals worked with the students, engaging them in real work tasks and introducing them to the required knowledge and challenges of each field.

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Bettering life for little patients

Aug 14, 2023

Children's Hospital Foundation, an organization taking care of children's health through raising help from the general public, is looking for donations for the new campaign for furnishing and equipping the new building of Epilepsy and Sleep Medicine Center of the Children's Hospital as well as for “Boxes of Bravery” containing small gifts to be given to hospital patients after overcoming medical examinations or other procedures.

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Swedbank to invest €10 mln in education

Aug 11, 2023

In continuation of Swedbank's tradition in Latvia and Sweden of supporting education-related change, the bank will establish a new foundation related to supporting education, thereby promoting growth, financial literacy and financial health in society. The initial investment of EUR 10 million in establishing the foundation makes it one of the most significant private sector initiatives to strengthen the educational community in the modern history of Latvia.

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Future Hub Climate initiated by Helve for Baltic climate tech startups

Aug 11, 2023

Climate topics are becoming ever more relevant with increasing urgency. That is why Helve with the support of the Investment and Development Agency and Riga City Council has launched a new pre-accelerator Future Hub Climate aiming to help early-stage climate startups develop their products and immediately test them with established enterprises. The program aims to select eight promising teams to support them with up to EUR 5000 for product development and to partner with them in order to validate the product in 10 weeks.

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BaltCap and Draugiem Capital invest in Pepi Rer

Aug 11, 2023

BaltCap and investment company Draugiem Capital have invested in the Latvia-based multi-sector production company Pepi Rer, best known for its soft-play toy brand Iglu, floor insulation brand ProVent, construction and packaging materials, to boost the global expansion of the business. After this transaction BaltCap and Draugiem Capital will become the majority shareholders of the company.

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338 foster kids need school supplies

Aug 10, 2023

This year Latvian Foster Family Association, which takes regular care of numerous families with many children, is organizing its annual charity campaign "School children must go to school" to help prepare 338 foster children for the new school year. They need backpacks and other necessary school supplies. Companies are welcome to prepare personalized backpacks for kids who are getting ready for the upcoming school year.

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