Ventspils State City Local Government has announced an open oral auction for the lease rights of a production building as a part of the project “Establishment of an Industrial Park of National Importance in Ventspils”; the auction will involve the production building with a total area of 4,435.9 m2 and the associated territory located at Kurzemes Street 83, Ventspils, covering approximately 20,400.00 m2 (cadastral number 27000330118).
The regulations of the auction also specify the criteria for selecting bidders. It is stipulated that the bidder must create no fewer than 41 new job positions by 31 July 2026, and no fewer than 60 new job positions by 31 December 2028. The average salary for these positions must exceed the average wage in the relevant economic sector and the average salary must not be lower than the average wage in the country. Additionally, the bidder must make non-financial investments in their intangible assets and fixed assets totalling no less than EUR 400,000 by 31 December 2028.
The application deadline for the auction is set for 11 November 2024, with the auction itself planned for 19 November 2024.  ​Detailed information about the object of the right of superficies and the related project can be obtained by contacting the telephone number +371 63624323 or emailing to [email protected].  here to edit.

​On the 17th of October Ventspils Industrial Park was presented at the BREL (Baltic Real Estate Leaders) forum which is one of the largest international real estate and investment events in the Baltic States. The event took place in Riga, representatives from The Port of Ventspils were there to present investment opportunities in Ventspils.

Ventspils State City Local Government has announced an open oral auction for the lease rights of a production building as a part of the project “Establishment of an Industrial Park of National Importance in Ventspils”; the auction will involve the production building with a total area of 4,435.9 m2 and the associated territory located at Kurzemes Street 83, Ventspils, covering approximately 20,400.00 m2 (cadastral number 27000330118).
The regulations of the auction also specify the criteria for selecting bidders. It is stipulated that the bidder must create no fewer than 41 new job positions by 31 July 2026, and no fewer than 60 new job positions by 31 December 2028. The average salary for these positions must exceed the average wage in the relevant economic sector of Kurzeme Planning Region, and the average salary must not be lower than the average wage in the country in 2020. Additionally,the bidder must make non-financial investments in their intangible assets and fixed assets totalling no less than EUR 400,000 by 31 December 2028.
The application deadline for the auction is set for 21 October 2024, with the auction itself scheduled for 28 October 2024. 
The auction regulations and information about the auction process are available on the website of Ventspils Local Government at https://www.ventspils.lv/auction/ventspils-valstspilsetas-pasvaldibas-iestade-ventspils-osta-atkartoti-izsludina-razosanas-ekas-nomas-tiesibu-atklatu-mutisko-izsoli-ar-pretendentu-atlasi-un-augsupejosu-soli/.
Detailed information about the object of the right of superficies and the related project can be obtained by contacting the telephone number +371 63624323 or emailing to [email protected].

​Ventspils State City Local Government has announced an open oral auction for the right of superficies on an undeveloped land plot owned by Ventspils State City Local Government, with an area of 304,435 m2 located at Kurzemes Street 83, Ventspils, with cadastral number 27000330118.
The right of superficies is intended for the construction and use of solar panels and related engineering structures, for the production of alternative fuels, for the production, storage and processing of electricity, or the field of smart specialization - knowledge-intensive bioeconomy, biomedicine, medical technologies, pharmaceuticals, photonics and smart materials, technologies and engineering systems, smart energy and mobility, information and communication technologies
The regulations of the auction envisage that the bidder is required to create no less than three new job positions by 31 July 2026, with an average salary exceeding the average wage in the relevant economic sector of the Kurzeme Planning Region. Additionally, they must make non-financial investments in their intangible assets and fixed assets totalling no less than EUR 10,700,000.
The application deadline for the auction is set for 21 October 2024, with the auction itself scheduled for 28 October 2024. The auction regulations and information about the auction process are available on the website of Ventspils Local Government at https://www.ventspils.lv/auction/ventspils-valstspilsetas-pasvaldibas-iestade-ventspils-osta-atkartoti-izsludina-apbuves-tiesibas-atklatu-mutisko-izsoli-ar-pretendentu-atlasi-un-augsupejosu-soli/   Detailed information about the object of the right of superficies and the related project can be obtained by contacting the telephone number +371 63624323 or emailing to [email protected]. 

​On the 3rd of October of this year, the visit of the economic diplomats of the Ministry of Foreign Affairs of Latvia as well as a matchmaking event will take place in Ventspils
The diplomats, that are working in Latvian embassies abroad and whose daily job relates to improving the economic cooperation and promoting the growth of Latvia’s economy overall, will participate in this visit.
One of the goals for this visit is to promote cooperation between Latvian entrepreneurs, industry representatives and diplomats. 
It is expected that diplomats from almost all embassies will participate – from the United Arab Emirates, the United States of America, Austria, Azerbaijan, Belgium, Czech Republic, Denmark, Egypt, Greece, Georgia, Estonia, India, Italy, in China, Korea, Kazakhstan, Great Britain, Lithuania, Moldova, Norway, Poland, Finland, Spain, Turkey, Ukraine, Uzbekistan, Germany, Sweden, UN (Geneva), EU (Brussels).
Entrepreneurs will have the opportunity to get acquainted with the diplomats, to ask them any specific questions, find out more about potential investment opportunities, discuss specific issues, all related to export and of course – establish contact for future cooperations. 
The event will take place in a conference hall at the Science center VIZIUM, Rūpniecības street 2, Ventspils, Latvia, LV-3601.

​Research conducted by Latvian scientists, published in the Latvian Circular Economy Index,  shows that Ventspils stands out as the leader among other municipalities in regards to effective resource management as well as in the field of sustainable development.
The Circular Economy Index is a practical tool to help municipalities assess their current situation and promote effective development planning.
Jānis Vītoliņš, chairman of the municipal council of the state city of Ventspils emphasizes: "Ventspils has been paying attention to sustainable development for a long time, also emphasizing and adressing certain environmental issues along the way. 
The municipality, while developing the port and manufacturing industry, has purposefully ensured that the development takes place in a balanced manner, taking into account both economical interests as well as listening to the locals and doing our best to meet their needs.
Already in the year 2001 Ventspils won the Regional Environmental Center awards for its contribution in evironmental protection. The municipality used European Union’s funding to construct the first waste landfill in Latvia.
In 2008, Ventspils won the Regional Environmental Center award for its contribution to environmental protection, and the municipality also used European Union’s  funding for the construction of the first municipal waste landfill in Latvia.  Two waste sorting sites were also created."
Currently, the most important project of the municipality of the state city Ventspils is the development and construction of waste-derived fuel station.

According to information provided by Central Statistical Bureau of Republic of Latvia, in the first quarter in Ventspils, the turnover of production produced by merchants of the manufacturing industry, reached € 98 million. Comparing the 1st quarter of 2024 with the 1st quarter of 2023, the turnover of manufacturing industry in Ventspils has been the same.
Most of the production of Ventspils manufacturing companies - 90% - was exported in the 1st quarter of 2024, which gives Ventspils manufacturing companies the opportunity to sell their products in markets with higher solvency. This is the highest proportion of exported production among national cities and higher than the average in Latvia (67%). ​Out of the total production volume of Ventspils manufacturing industry in the 1st quarter of 2024, € 40.7 million or 42% of production was produced in companies specialised in “Metalworking and mechanical engineering”. Same time last year this particular manufacturing industry produced 45% (€ 40.4 million) of the total 1st quarter production.
The biggest companies representing this sector are SIA Bucher Municipal, SIA Malmar Sheet Metal, SIA Ventspils metināšanas rūpnīca, SIA Kalmeta, SIA Parkit and SIA TC STEEL.
Similar to the 1st quarter of 2023, compared to other national cities, Ventspils both in terms of production volume and turnover has been in 3rd place right after Riga and Liepaja. Riga, as the capital, has been known to be the national leader with turnover of € 809.7 million in value of industrial production for the 1st quarter of 2024.

Ventspils State City Local Government has announced an open oral auction for the lease rights of a production building as a part of the project “Establishment of an Industrial Park of National Importance in Ventspils”; the auction will involve the production building with a total area of 4,435.9 m2 and the associated territory located at Kurzemes Street 83, Ventspils, covering approximately 20,400.00 m2 (cadastral number 27000330118).

Ventspils State City Local Government has announced an open oral auction for the right of superficies on an undeveloped land plot owned by Ventspils State City Local Government, with an area of 304,435 m2 located at Kurzemes Street 83, Ventspils, with cadastral number 27000330118.

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