The recruitment landscape in Europe shows two very different pictures when comparing Latvia and Germany.
Latvia, with a population of around 1.85 million, represents a small but stable market. Job vacancies in early 2025 stood at roughly 21,000, reflecting steady demand within a limited labor force. While the overall recruitment sector is modest in scale, it continues to provide opportunities in specialized hiring and digital transformation.
Germany, by contrast, is one of the world’s largest recruitment markets. With almost 46 million people employed, the staffing industry generates more than €30 billion annually, making it the third-largest globally. Despite a recent cooling in labor demand – vacancies dropped to about 1.28 million in late 2024 – the structural scale of the German economy, combined with new immigration reforms, creates significant long-term growth potential for innovative recruitment solutions.
Aviora Capital is actively engaged in both markets—leveraging Latvia’s niche opportunities and Germany’s large-scale potential. This dual presence positions Aviora at the intersection of local specialization and global growth, ensuring that both innovation and scale can be captured through strategic investments.
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