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Sustainability Tips for maximizing the longevity of a family business
Something that family businesses should consider besides earning a profit is maintaining mutual relations between family members and devoting attention early
Leadership Inclusively leading through change
In the post-pandemic landscape, a new model of leadership will be needed to enable organisations to thrive. Engendering innovation, collaborating and
Automotive industry What future awaits the Automotive Industry?
The Automotive Industry is one of the sectors in which very large investments are being made. Although the coronary pandemic has caused serious disruption to
Human resource mnagement 3 suggestions on how to return to normal working life
It has been a year and a few months since the coronavirus turned a new page in world history and exploded all comfort zones. Since that time, Estonia has
Financial advisory We advised Stell Eesti AS on the acquisition of Kyyrix OÜ
In January and February 2020, Grant Thornton Baltic conducted a financial and tax due diligence for the Kyyrix OÜ, which has almost 30 years of experience in
Advisory What is the difference between a good and a mediocre financial manager?
Mart Nõmper, Sworn Auditor and Head of Audit and Assurance Services, and Mikk Mägi, Head of Financial Advisory at the pan-Baltic audit, outsourcing and
Human resource management Marge Litvinova | 5 questions for the Head of People & Culture
To give people freedom and responsibility in their work, these values must be a part of organisational culture. The precondition is a working environment where
Business model innovation Overcoming the crisis through strategic repositioning and business model innovation
The Covid-19 crisis has undoubtedly disrupted the equilibrium model of the world economy, as well as on the micro-level the equilibriums of many businesses.
Innovation A race for digital business models
COVID-19 led to a crisis that has accelerated the changes that were actually taking place even before the so – called era of social distancing. Those with the
Case study Business plan and financial forecasts: Milrem Robotics Type X
Grant Thornton Baltic OÜ advised Milrem Robotics in preparing a business plan and financial forecasts for the new Type X robotic fighting vehicle during autumn
Business advisory Business plan as the backbone of the company
There are different reasons for drawing up a business plan and the target groups can vary as well. Detailed business plans are compiled when starting a
Legal The debtors are not obliged to submit bankruptcy petitions in the coming months
The amendment of Bankruptcy Act entered into force, where the commencement of the term of the obligation to submit bankruptcy petition shall be suspended for
Crisis management How to use a crisis situation to improve risk management?
In a crisis, companies need to be able to respond quickly to change and to meet the needs of their employees, customers and partners, while managing the
Crisis management Entrepreneur's plan B: re-establishing business through reorganization
Reorganization is being used to help a company that has temporarily become insolvent, for example due to the current pandemic and crisis. It is important to
Legal How to organize a general meeting of shareholders regarding to COVID-19?
Only a few companies have included an option of a virtual shareholders’ general meeting – e.g. using an instant messaging service or electronic voting
Crisis management Managing your company liquidity and cash flow during a crisis
The COVID-19 pandemic is placing companies and their management teams in a challenging situation due to the lockdowns and state of emergency established around
Reorganization Grant Thornton Baltic advises AS Baltika in reorganization proceedings
Grant Thornton Baltic advises AS Baltika in reorganization proceedings. Grant Thornton Baltic’s team consists of partner Artur Suits, head of financial
Generational change Estonian entrepreneurs are passing the torch to a new generation
Do companies take time out from everyday business operations for brainstorming on topics related to the company’s development and strategy, and if they do, how