News

Fireaway was awarded at last night’s celebration as a one of ten Small Business Success honorees by the Twin Cities Business magazine! Gonzalo Lopez Davila, CEO, presented and was there to receive the award.

Read the full article at: http://tcbmag.com/Honors-and-Events/Small-Business-Success-Stories/2016-Small-Business-Success-Stories/Fireaway-Inc

Fireaway Inc. has been selected for the 2016 Minnetonka Small Business Excellence Award in the Aerosol Fire Suppression classification by the Minnetonka Small Business Excellence Award Program.

Various sources of information were gathered and analyzed to choose the winners in each category. The 2016 Minnetonka Small Business Excellence Award Program focuses on quality, not quantity. Winners are determined based on the information obtained both internally by the Minnetonka Small Business Excellence Award Program and data provided by third parties.

About the Minnetonka Small Business Excellence Awards Program

The Minnetonka Small Business Excellence Awards recognizes outstanding small businesses that serve the Minnetonka area. Each year, the selection committee identifies businesses that they believe have achieved outstanding marketing success in their local community and business classification.

Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value. These are small businesses that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Minnetonka area a vibrant and vital place to live.

Lewben, which belongs to international group of companies Lewben Group, is changing its brand name. From now on, the company will provide its services under the name Lewben Wealth. The legal name of the company remains the same.

“Our rapidly growing group demands a more precise and consistent name map,” said Vilius Kavaliauskas, the chairman of the board of Lewben Group.

“Not only must brand names be recognisable, but they should also reflect the industry in which the company operates. This change aims to state clearly that the wealth management services of Lewben Group are provided by Lewben Wealth.”

According to Mr Kavaliauskas, “Lewben Family Offices, established in 2009, outgrew the family office services long ago, to become a group providing financial and business services. Lewben Art Foundation was established in 2012. The company acquired the accounting services company Nordgain in 2013, and the business consultancy company Strategy Labs in 2014. Lewben Group was established the same year. Last year, the Bank of Lithuania issued a permit to the group’s fund management company Lewben Investment Management.

These acquisitions have enabled the group to expand the selection of services it offers: Lewben Group has become the premium provider of financial services. With the formation of the group of companies, the wealth management services portfolio remains with Lewben.

“Our experience in family office services has helped us to understand our clients and to base our cooperation on trust. This is highly valuable experience, which we will rely on as we provide all the services of Lewben Group,” said Mr Kavaliauskas.

For more information about Lewben Wealth: http://www.lewben.com

Yuri Romanenkov, a highly experienced consultant from The Boston Consulting Group and the Executive Vice President and lecturer at the Stockholm School of Economics in Riga, has has become a partner of the management consulting firm Strategy Labs, as well as an independent member of the board of Lewben Group.

“Yuri becomes a very important member of a rapidly growing team: his experience and expertise are especially important for the improvement of the consulting services we provide to top management. When working globally, we clearly see an increasing demand for such services,” said Deividas Tumas, Founder and Managing Partner of Strategy Labs.

Mr. Romanenkov acquired his Bachelor’s degree from the Stockholm School of Economics in Riga (SSE Riga) and a Master of Business Administration (MBA) with distinction from Harvard Business School.

Mr. Romanenkov has ten years of experience in management consulting, including seven years of service at the London office of The Boston Consulting Group, where he supported executives of large companies in addressing strategic business issues. His clients include well-known consumer goods, retail, transport and travel companies in Western and Eastern Europe and the United States.

Mr. Romanenkov is also the Executive Vice President for Development at the Stockholm School of Economics in Riga and teaches strategy in its flagship bachelor programme in Economics and Business Administration as well as in a range of executive education programmes.

Today Kalvariju market has started the reconstruction of the zone of seedlings, which is next to H. Mantas street. The recontruction works of 27 ares territory should cost around 420 000 EUR. The reconstruction is due to be completed in the spring of 2017.

"Renovation is going according to the plan. In the spring of 2017 we will welcome our clients with new open-air pavilions, where the customers will find seedlings, small trees, fruit and berry plants, as well as seeds, fertilizers, soil mixes and covers for vegetables," – said Ingrida Talžūnienė, the deputy director of KTVG.

After the reconstruction the pavilions will be working throughout the entire year. During the warm season 150 sellers will be able to offer their products to the customers and during the winter time the customers will be able to buy fruits here.

Together with the completion of the open-air maketplace reconstruction works, the reconstruction of fresh meat products pavilion will be finished in the upcoming spring. It is estimated that the renovation will cost 1 million EUR.

The renovation of the zone of seedlings is a part of the third marketplace reconstruction stage (the estimated cost is 1,5 million EUR) which has started in April. It is planned that during this stage the fresh meat products pavilion, the full length of Herkus Mantas street and open-air marketplace will be renovated.