Guests from Croatia are introduced to Valmiera capital companies  


On 7th of December a delegation from state administration of Croatia visited Valmiera municipality within the Twining project "Further development of internal control systems and working methodologies" in order to get acquainted with Valmiera practice in managing shared capital companies and its control systems.


During the visit guest were welcomed in Valmiera municipality where they met with city mayor Janis Baiks, the Head of Development Department Gints Bertins, financial analyst Anda Petersone, international relations coordinator Elina Rubule and listened to a presentation about Valmiera city, its most important growth rates and experience managing shared capital companies.

Valmiera municipality is a shareholder in seven capital companies including Ltd. “Valmieras namsaimnieks” (Valmiera property management company) , Ltd. “Valmieras ūdens” (Valmiera water), Ltd. “ZAOO” (waste management company) , Ltd. “Vidzemes Olimpiskais centrs” (Vidzeme Olympic centre), Ltd. “Valmieras Enerģija” (Valmiera Energy), Ltd. “VTU Valmiera” (public transportation company), Ltd. “Vidzemes Slimnīca” (Vidzeme hospital). To get to know capital companies even better the delegation visited Vidzeme Olympic centre where they were greeted by the marketing manager Jolanta Dukure who explained all the main functions of the company including organization and management of infrastructure as well as leisure park, rehabilitation centre and other event management.

Guests from Croatia showed deeper interest in communication aspects between municipality and the capital companies as well as risk management strategy.

Delegations visit in Valmiera was a part of project and gave them deeper understanding about capital company management in Latvia as well as some ideas in improving their capital company management system.