Helping businesses in Latvia and international markets achieve sustainable growth through strategic guidance and practical solutions.
LumenFjord Consulting was established with a clear mission: to provide businesses in Latvia and across international markets with expert guidance that drives sustainable growth and operational excellence. Our name combines "Lumen" (light/clarity) with "Fjord" (representing our Nordic-Baltic approach) – symbolizing how we illuminate pathways to success while offering stability in changing business environments.
Founded by a team of experienced business professionals with backgrounds spanning strategy, finance, and operations, we've built our practice on a foundation of deep local market knowledge combined with global best practices. This unique perspective allows us to deliver solutions that are both innovative and practically implementable in the Latvian business context.
To empower businesses with strategic insights and practical solutions that drive sustainable growth and competitive advantage in an evolving global marketplace.
To be the trusted advisor of choice for businesses navigating complex challenges in the Baltic region and beyond, known for delivering measurable impact and fostering long-term success.
At LumenFjord Consulting, we maintain the highest standards of professional practice and data security. Our consultants hold certifications in their respective fields, and our firm adheres to international consulting standards that ensure quality, ethical conduct, and continuous improvement.
We understand the sensitive nature of business information and take comprehensive measures to protect client data:
Our GDPR-compliant practices ensure that client data is processed lawfully, transparently, and securely. We collect only the information necessary for our consulting services and maintain clear data processing records as required by EU regulations.
For more information on how we handle data, please review our Privacy Policy.
Our deep understanding of the Latvian business environment provides unique advantages to our clients.
Latvia offers distinct opportunities as a gateway between Nordic, Western European, and Eastern markets. With its strategic Baltic location, EU membership, and developed digital infrastructure, the country provides an attractive business environment.
Key advantages include:
Our consultants combine international best practices with deep local knowledge to deliver solutions that are optimally adapted to the Latvian context:
We help clients navigate Latvia's regulatory environment, including business registration, taxation, employment law, and sector-specific regulations, ensuring full compliance while optimizing operational structures.
Our established relationships with government institutions, industry associations, and business networks provide clients with valuable connections that accelerate market entry and business development.
We provide insights into local business culture, negotiation practices, and consumer behaviors that are essential for effective market positioning and relationship building in Latvia.
Our work with businesses across various sectors has identified key success factors for the Latvian market:
Building strong local partnerships and integrating into existing business ecosystems significantly accelerates market penetration and growth.
Successful businesses view Latvia as part of a broader Baltic strategy, leveraging cross-border opportunities and regional synergies.
Embracing Latvia's advanced digital infrastructure and e-government services streamlines operations and enhances customer experience.
Whether you're looking to optimize your current operations, enter the Latvian market, or expand internationally, our team is ready to provide the expertise and support you need.