"Sustainable growth in the blue economy in the foreseeable future requires the sustainable use of resources on which such growth depends. Our work aims to demonstrate via scientific and practical results that organizational (management) and technological (innovative) solutions in fish processing can dramatically improve the sustainable use of resources while contributing to the blue growth of the regions involved"

Aivis Reinholds, CEO


Management economics [ME]

Economic and management consulting. Analysis of the current situation and development of the enterprise strategy. Justification of investments and introduction of new products to the market. Conducting trainings on the topics of project management methodology and enterprise management. Participation in international cooperation and development projects.

Fish Market

Processing technology [PT]

Selection of food ingredients, formulation, development of new products. Waste management, complete processing of raw materials, development and launch of new food products. Selection of equipment and design of production processes. Thanks to cooperation with the largest research laboratories in the region, the company's specialists can solve the largest challenges of the modern fishing industry.


Policy advice [PE]

Substantiation of sectoral economic decisions to ensure sustainable development. Examination of the impact of measures on the economic performance of the industry and the region. Adoption of foreign experience. Analysis of regulatory acts of national and supranational level.



Our technological and economical developments and accumulated areas of competence

Image by Emir Eğricesu

[PE] Report on sturgeon processing background and possibilities in Latvia.

Sturgeon processing has its historical roots and a very high potential given it's availability from aquaculture as well as nutritional value and processing ease. Barriers to mass production exist but may be overcome via consolidated action.


[PE] Processing industry SWOT analysis report from the perspective of the Blue Bioeconomy

From the perspective of a Blue bioeconomy, comments have been provided for the Ministry of Agriculture of the Republic of Latvia and the Rural Support Service regarding the Action Program for Fisheries Development 2021-2027. Three directions for development examined: raw product sustainability, promoting sustainable fisheries and the conservation of aquatic biological resources, production and processing, promoting sustainable aquaculture activities and the processing and marketing of fisheries and aquaculture products, as well as blue biotechnologies, ensuring growth and promoting the development of the fishing and aquaculture across coastal areas and inland.


[PT] Sprat fish waste into valuable food product

The problem of the integrated and rational use of fish raw materials continues to remain highly relevant. Only 50 – 60% of the catch is used for human consumption out of which 50 – 80% can be dumped as solid waste after processing, i.e. traditional round filleting. About 25% of the catch is directly discarded as waste. One of the main directions of the technological processes intensification in the food industry is the change in the physicochemical properties of raw materials when exposed. The research showed that co-extrusion is a progressive method of obtaining high-quality and balanced food products, the main advantages of which are the flexibility of its technological schemes and low production costs.


[PT] Ecoonomical convenience foods from locally sourceable fish

One of the most important challenges for the food processing industry is a reshaped eating behavior caused by a daily life tempo, especially in big cities and in the Western world. Another associated tendency among customers is pursuing a modern understanding of a healthy diet and routinely choosing healthier options, as well as demanding value for money. The producers on the other hand traditionally have been focused on commercialization potential and profit. The project focused on the development of a technological process for an innovative fish-based convenience food with increased nutritional value that could be used in daily consumption. At the same time, the project succeeded to develop a cost-optimizing production process, including solutions for extended shelf life.

Fish and Chips

[PT] Whole, automated processing of small fish into variety of food products

The project aimed to develop new innovative economically viable solutions for fish products with the high nutritional and added value produced from the Baltic Sea sprats. The main result of the project is the method for a structured fish mass production from Baltic Sea fish, which could supplement or replace the fish mince produced from cod. The developed solution can be used for semi-finished products, or for new products, to be a supplement or alternative to traditional canned sprats. As a result of the project, seven product groups have been developed: fish pasta, fish dumplings, fish sausages, breaded fish products, fish pies, fish terrines, fish cutlets in jelly. The minced meat processing technology is patented.


[ME] Logical Framework Approach from a fish processing plant perspective

LFA is useful in planning any project activities and focuses on solving specific problems. It helps to lead and control the project implementation process and allows to formulate a precise and understandable scheme of logical structure with a plan of preliminary actions aimed at solving the identified problem and (or) achieving the set goal. Report covers the approach providing examples from a fish processor perspective


Aivis Reinholds


Wworked as a Director of World Bank Technical unit, received professional training at leading western financial institutions. Prior to this was employed as a chief accountant. I have been engaged in consulting practice as an expert and manager since 2003 in various private and public projects. I have also been an advisor to the Minister of Regional development and local government of Latvia and Director of EU support department at the Ministry of Agriculture of Latvia.

Janis Ozolins Ph.D.


Author or co-author of various scientific papers published in international citable journals, scientific conference proceedings and specialized industry magazines. The main areas of research are the economic effect of company mergers and acquisitions, competition legislation, the Baltic States market and sustainable development.

Inta Zaime, BSc

Junior researcher

BSc in information research from the University of Latvia. Interested in information research and analysis

Andis Bremanis Ph.D.

Guest researcher

Chairman of the Latvian Association of Dieticians. Member of the Nutrition Council of the Ministry of Health of the Republic of Latvia

Anastasija Hnikina

Junior researcher

BSc candidate in Economic science in of the Rezekne High school. Industry analysis.


Blaumaņa iela 28 - 7, Riga, LV-1011


  • LinkedIn

Thanks for submitting!