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A consulting firm or simply consultancy is a professional service firm that provides expert advice for a fee. Consulting firms may have one employee or thousands; they may consult in a broad range of domains, for example, management, engineering, and so on. Management consultants, in particular, typically work with company executives and provide them with generalists and industry-specific specialists, known as subject-matter experts, usually trained in management or in business schools. The deliverable of a management consultant is usually recommendations for achieving a company objective, leading to a company project. Many consulting firms complement the recommendations with implementation support, either by the consultants or by technicians and other experts. This is called outsourcing. Consulting services are part of the tertiary sector and account for several hundred billion dollars in annual revenues.

The terms Baltic Sea Region, Baltic Rim countries, and the Baltic Sea countries/states refer to slightly different combinations of countries in the general area surrounding the Baltic Sea, mainly in Northern and Eastern Europe. Baltic states, northeastern region of Europe containing the countries are Estonia, Latvia, and Lithuania, on the eastern shores of the Baltic Sea. The Baltic states: Estonia, Latvia, and Lithuania.