 |
|
Access to Knowledge and Skills
The Latvian labour force is multi-lingual and relatively well educated; ready to take on new challenges and, even more in the current circumstances, highly motivated. Countries with better-trained or better-motivated workforces than Latvia are few and far between. Latvia’s workforce is rated in the top five in the world in terms of university students per capita and possesses a northern European culture and work ethic.
In addition, Latvia’s history has equipped it with unequalled experience and business knowledge of working with Russia and other CIS countries. Over 85% of Latvians speak Russian and 70% of people under age 40 speak English. German and Scandinavian languages are also widely spoken.
Current economic conditions mean there are a number of attractive merger and acquisition opportunities in a variety of sectors including renewable energy, ICT, woodworking, construction materials and industrial real estate. In addition, Latvian companies and research institutions are keen to set up new joint ventures in cooperation with international partners.
