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Micro-management: why small businesses are flourishing in Latvia - business planet

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Published on Apr 21, 2014

For several years now there has been major growth in micro-enterprises in Latvia, primarily because the authorities have made them easy to create, but also because the country appreciates that SMEs are the main drivers of economic growth.

Organic cosmetics designed and made in Riga are the business of Kiwi, a micro-enterprise that has seen stunning success in just three years. Starting at a modest 25,000 euros, annual turnover it has increased tenfold and is set to reach 250,000 euros this yea...
READ MORE : http://www.euronews.com/2014/04/18/mi...

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