Latvia’s 20 most active officials take 695 positions in 648 companies
Latvia’s 20 most active officials take 695 positions in 648 companies, Indra Urtane, the spokeswoman of Lursoft business database operator, reported.
Citing a study conducted by Lursoft, the leader of the list is Ralfs Jansons, who has 72 positions, followed by Italian citizen Paolo Bettiol, with 62 positions. Most of Jansons’ positions are in companies engaged in real estate, with the oldest one registered in 1996, while Bettiol has positions in companies, mostly founded in the past two years, and provides services unclassified elsewhere.
After analyzing financial results of the companies headed by the most active officials, the leaders are: construction companies, including Skonto Buve with turnover of 122.5 million euros in 2015, Arcers with 33.41 million euros, and Aizputes Celinieks with 15.3 million euros in turnover.
“Even though the large number of positions in different companies might suggest the high productivity of these people, the financial results often show a different picture. Among the TOP 20 most active officials, just six people can boast of positive aggregate results of their companies. Ravis is the most successful, and in 2015 his 53 companies posted 20.65 million euros in aggregate profit,” said a Lursoft representative.
According to Lursoft, the aggregate turnover of the companies headed by the TOP 20 most active officials was 275.6 million euros, and profit reached 22.31 million euros. 26 of those companies posted over 1 million euros in annual turnover, and 13 companies posted over 1 million euros in profit.
Most of these companies are small companies, and just four companies had more than 100 employees. In total, all the listed companies together employed 1,582 people.
Among local residents on the list of the most active officials, there were also several foreigners - three from Italy, two from the UK, and one from Russia.
During the international conference Business in Daugavpils and Latgale Special Economic Zone (SEZ), a cooperation agreement between Latgale SEZ and Vitebsk Free Economic Zone (FEZ) in Belarus was signed.
The agreement was signed by Latgale Planning Region’s administration head and Latgale SEZ administrator Iveta Malina-tabune and Vitebsk FEZ administration head Sergey Yurkevich.
Also, an agreement has been signed between regional departments of the chambers of commerce and industry of both countries.
Latvian Environment Protection and Regional Development