Bakery Laci is the highest-ranked company in the annual Most Admired Companies List this year, while the company's owner and head Normunds Skaugis has topped the list of best business managers in Latvia.
Latvian information and communications technology (ICT) companies have world-class abilities. ICT exports are strong, and have proven themselves. Companies presently mainly selling mainly to the domestic market have the opportunity to grow and develop exports by transferring experience gained on the domestic market to neighboring countries and the wider European market.
In Latvia, located between the EU and the CIS/Asia states, the transport industry is based on services to these large markets, further developing the existing transit corridors, opening new transport routes and inventing new services.