Our specialists are working on various researches, forecasting trends in different business sectors and taking active part in discussions of actual businesss and regulatory issues.
You are welcome to contact us for comments related to assurance, tax, business advisory and risk management issues, as well as enquire on any materials, surveys or reports created by PwC.
PwC advised Latvenergo in the acquisition of Laflora Energy with a view to building a wind power plant (WPP) with a total capacity of 108.8 MW at the former peat mining site of the peat producer Laflora – Kaigi Bog in Līvbērze Rural Territory and starting electricity production in 2026. PwC performed a financial and...
PwC strengthens its leadership in the M&A advisory field, securing the top position in the Baltic and global M&A advisor rankings by total deal count in 2024, according to data compiled by four leading financial and investment industry platforms — Bloomberg, Mergermarket, LSEG, and Dealogic.
The CIT Act requires companies to assess whether they have incurred expenses in acquiring and maintaining a luxury executive vehicle (LEV) for each tax period. This article explores how to determine the value of an LEV and what costs are chargeable to CIT, as well as looking at the new CIT treatment effective from 1...
The State Revenue Service (SRS) uses many integrated information systems, including State Information Systems, in performing its day-to-day functions. The objective is to foster the advancement of SRS information systems and infrastructure. This advancement aligns with goals from the planning documents of the European...
In 2018, the Immigration Law was amended to ease the entry conditions for highly skilled workers and workers in professions with significant labour shortages. The simplification of immigration procedures has not provided sufficient assistance for employers, and Latvia still has a shortage of highly skilled workers.
The free-of-charge HR webinar is an excellent chance for multinational and local companies to explore the latest trends in HR policy, discuss the benefits of an individualized HR strategy, and consider achieving competitive success in the market.
First North is a growth market designed for ambitious small and medium-sized companies in the Baltics. Being a Certified Adviser permits PwC to guide growth companies in Baltics through the Firth North application process and ensure they meet all the market’s requirements on a continuous basis.
PwC Lithuania, Latvia and Estonia has acted as the exclusive buy-side advisor to the Gi Group Holding in their acquisition of Verita Solutions OÜ, which manages personnel leasing & staffing companies CVO Recruitment and Simplika. The transaction will allow Gi Group Holding to strategically increase its presence in the...
The Great Resignation will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months. That was a key finding from PwC’s Global Workforce Hopes and Fears survey of 52,195 workers in 44 countries and territories - one of the largest ever surveys of the...
Ilze Rauza joined PwC Latvia in 1998 and currently leads its Tax practice. Thanks to her perseverance, determination and professionalism, she has successfully grown the practice into one of the strongest and most experienced teams of tax professionals in Latvia.
PwC provided full-scope lead buy-side advisory for Duke I S.a.r.l. on acquiring a major stake in AS “Valmieras stikla šķiedra”
The global economy is projected to grow in 2021 by around 5% in market exchange rates - the fastest rate recorded in the 21st century - returning the global economy in aggregate to pre- pandemic levels of output by the end of 2021 or early 2022.
Consumer habits can take a lifetime to learn – but just a lockdown to lose. According to PwC’s Global Entertainment & Media Outlook 2020–2024, the COVID-19 pandemic has accelerated and amplified ongoing shifts in consumers’ behaviour, pulling forward digital disruption and forging industry tipping points that wouldn’t...
Forum Cinemas, a theatre operator owned by Finnish group Finnkino, has completed a cross-border merger that saw their Latvian and Lithuanian companies being merged into Estonian company Forum Cinemas OU.
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PwC carries out one of the largest mandatory stock buyback offers in Latvia’s history
A comprehensive study of alternative legal service providers (ALSPs) conducted by Thomson Reuters Legal Executive Institute and other legal research institutes finds that the role of the Big Four, including PwC, in legal services has grown considerably. Use of ALSPs is growing faster than projected and is now more than...
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At TechChill 2018, a leading Baltic technology, startup and inspiration event held last week, PwC awarded year-long business mentoring to Winmill (operating as Agility Sports SIA in Latvia), a company developing robotic solutions for ice hockey training that allow players to practice even outside an ice arena.
As the result of combination of Intrum Justitia and Lindorff, which was followed by significant changes in the group companies determined by the European Comission, Lindorff Group has undergone restructuring also in Baltics where ambitious business transfers in Latvia and Lithuania were completed on 30 September 2017....
The reorganisation of Domenikss SIA, aimed at separating operations associated with the maintenance and management of real estate owned by Domenikss from its core business, has now been finalised.
PwC Latvia: A change of management in PwC Latvia: Zlata Elksnina-Zascirinska is appointed new Chair of the Board
