Insights

Change management The art (and heart) of leading change

It’s often said that the only constant is change. The team at Grant Thornton Baltic knows this well – the work of accountants, auditors, and advisors is continuously evolving due to technological progress and ever-stricter regulatory requirements. But how can leaders manage change so that it truly bears fruit?

Gerli Soosalu

| 6 min read | 18 Nov 2025

Kasvukursil audititurg Grant Thornton Baltic

Audit Business is growing, but no staff – auditors at an impasse due to rising prices

In the last year, the volume of assets and sales income of many companies have increased, but this has not necessarily resulted from the increase in the volume of operations, but from inflation. Therefore, these companies have exceeded the threshold of the auditing obligation, and due to the previous large volume of work, the auditors have also had to leave many clients at the door.

Mati Nõmmiste

| 7 min read | 03 Jan 2024

Valuation services We advised the majority shareholder of Baltika in evaluating the fair value of the share capital

KJK BLTK Holding OÜ, the majority shareholder of Baltika, wished to carry out a valuation for the purpose of deciding whether to make a takeover offer to minority shareholders.

2 min read | 04 Aug 2023

Women in Business Women again in the spotlight. But let’s not stop at just women!

Since 2003, the international network of business consultancies Grant Thornton has conducted an annual study to determine what percentage of seats on senior management is filled by women.

Mati Nõmmiste

| 4 min read | 08 Mar 2023

Employer video accounting Grant Thornton Baltic

GRANT THORNTON MOCUMENTAL Behind and in front of the lens – let’s get acquainted!

In our new videos, you can learn about Grant Thornton Baltic's main areas of activity - accounting, auditing and advisory - as well as our culture: yes, we are not dry numbers people, but we appreciate humor, and we are helpful and solution-seeking with both clients and colleagues.

Less than a minute | 07 Jul 2022

Grant Thornton Baltic saade Kasvukursil Äripäeva raadios

Crisis management Planning and communication are front and centre in crisis management

In every crisis, an optimistic view of the future should be combined with a bulletproof crisis plan that helps a business navigate the worst situations. A few simple tips help build a working strategy, said several experienced practitioners who were guests on the Äripäev business daily’s radio programme “Kasvukursil”.

Mati Nõmmiste

| 6 min read | 07 Apr 2022

Audit calculator Audit, review or neither?

Autumn is a good time to analyse your company’s financial results for the previous financial year and determine whether you are the subject to have the annual report audited or reviewed. A convenient way to find out whether a company is subject to an audit or review requirement (the criteria are revenue, asset volume and number of employees) is the audit calculator.

2 min read | 19 Oct 2021

Women in Business Women, men and equality

The international business advisory network Grant Thornton has been conducting research on this topic for 17 years, and the results show that the number of female executives has gradually grown each year, but this year’s study revealed that only 31% of executives around the world are female.

Mati Nõmmiste

| 4 min read | 08 Mar 2021

Good results 2019-2020 Increased outsourcing is grist for our mill

Grant Thornton is now third in the rankings of auditing firms. Interview with Grant Thornton Baltic's Managing Partner Mati Nõmmiste.

03 Dec 2020

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. Whether your company will exit this crisis alive or even stronger will depend on your ability to rethink the strategic position and business model in the context of the new normal that is still yet to unfold.

25 Nov 2020

Grant Thornton 2019 was the most successful year in recent times

Last year was a very successful one for Grant Thornton Baltic – total revenue in Estonia, Latvia and Lithuania grew by 15.1%, reaching 9.3 million euros. The company was able to grow the volumes of all of its services, from accounting and auditing to business advisory and risk management services.

10 Feb 2020

Agriculture Alongside optimism, possible dangers also lurk for farmers

Though analysts consider the agricultural sector as having high potential for the next year, their optimism doesn’t always pan out. Farmers have to expend effort and cooperate to overcome challenges, as a radio programme produced by the Äripäev business daily, “Kasvukursil” revealed.

30 Jan 2020

Women in Business 2019 The ice has finally started moving

Spring is an appropriate time to talk about ice starting to break up. In this article, however, the ice means women, and the perspective is that the share of women in top management of the world’s companies is finally seeing brisk growth.

18 Mar 2019

International Business Report A new crisis or the new normal?

World economic growth is slowing and it’s clear that this year will not be as good a year in the global economy as was last year. The results of a recent study show that companies' optimism regarding business success is slipping.

Mati Nõmmiste

| 15 Feb 2019

IBR It can’t get any better

This year is the point where the economy peaked – it can’t get any better. We already see economic growth tapering off in Estonia, the EU and elsewhere. But will we lose our footing as we slide downhill or will we be able to softly glissade down the easy slopes?

Mati Nõmmiste

| 17 Aug 2018

Women in business Gender balance and other ways of increasing diversity

In the last few decades, the topic of female executives has received consistent attention in the industrialised West.

Mati Nõmmiste

| 20 Mar 2018

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