Ivars Šmits

Managing Director In Latvia

Ivars Šmits currently serves as the Managing Director for Lindström in Latvia, overseeing operations focused on textile rental and maintenance services based on circular economy principles, managing a team of 115 employees and securing annual revenues of 13 million euros. In addition, Ivars acts as an Ambassador for the Circular Economy Institute, promoting sustainable practices within communities, and is a Board Member of the Latvijas Tekstila pakalpojumu asociācija, which collaborates to enhance the textile services market in Latvia. Previous roles include Country Manager for beesure_ eu and Chairman of Management Board for Luminor Latvia, where strategic leadership was applied to finance and leasing sectors across the Baltic region. Ivars has a strong educational background with a BoS in Management and Economics from Rīgas Ekonomikas augstskola and an MBA from Riga Business School.

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