March 26th, 2014 - Riga, Latvia - Pedersen & Partners are ranked as the leading Executive Search firm on the Latvian Market by Dienas Bizness.

The results are based on turnover in 2012 and compiled by Lursoft. 

Evita Lune, Partner & Country Manager for Latvia has commented: "If we talk about executive search alone, excluding related services,  the overall market has a value of about 10 million Euro and it is growing. The Executive Search  industry in Latvia is developing, and the standards of professionalism are increasing each year as well. There are many companies on the market, approximately 40 firms currently, but each of them has found their own niche and their own client segment.

We are please that local companies are showing an increased interest in retained executive search services; even those not interested in international solutions, highly value deep market study. Times have changed, business leaders realize that managers cannot be found only by contacting their acquaintances; they appreciate that for filling one vacancy 100-150 candidates are being approached."

Published by Dienass Bizness