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Monday 28.05.2018 | Name days: Vilhelms, Vilis

Crisis not to reduce businessmen’s sense of humour

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Compared to the previous two years, a record-high number of companies and associations were established in Latvia despite the prolonged economic recession – 13 380. Moreover, when naming their companies, owners did not spare their sense of humour, SIA Firmas.lv Chairman Juris Rožkalns (Rozkalns) informs the business news portal BNN.

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUHe indicates company founders have mocked both the economic crisis and everyday life, naming their companies as: SIA Anticrisis, SIA Jobs – ARE, SIA World Takeover Plan B, SIA Financial Injection, SIA Society’s Treasury, etc.

The aggregated data of Firmas.lv show last year and this year the range of companies in Latvia has been supplemented by such enterprises as Sock Mice, AdvenTourists, Phallus, Johaidi, Potato Eaters, Lux-Armani, Obana, Bump Project, PRO LOM, Starjobs, Zilite Forwarding, etc.

Apparently, the more severe the times are, the more fun people are trying to make out of it, finding possibilities to joke even about such formal affairs as company’s legal name, Rozkalns concludes.

According to Rozkalns, a number of associations with witty names were founded last year: Public Alcoholism Awareness Council, Alternative Mega Organization – The People for Latvia, Automobile Fan Club Sniff Smoke!, Society Movement for Good Beer, The Association EVA LUTION, Wooden Face, Casanova Orchestra, Hunter’s Club Ūziņu Deer, etc.

The trend of actively setting up new enterprises has maintained this year as well – during the period January 1 – March 20, 2011, altogether 4 649 companies have already been established. In comparison, 11 542 were established in 2008, but in 2009 – only 9 357 companies.


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