Ventspils, traditionally celebrated for its historical port, has embarked on an ambitious journey, redefining itself as a burgeoning force in the global technology arena. This transformation underscores the city's unwavering commitment to innovation and technological advancement.
Ventspils, renowned for its strategic Baltic Sea location, has rapidly evolved into a prominent location for innovative building materials production. This city, with a population of approximately 37,000 and an extended impact area population of 100,000, has earned recognition as one of the best European micro-cities for foreign direct investment, particularly in technology and industry.
The Freeport of Ventspils Authority has signed an agreement with "PurpleGreen Energy C" Ltd. to start research work for the construction of a green hydrogen factory in Ventspils. Green hydrogen will play an extremely important role in the future as a source of sustainable energy production, which is why it is called the "green revolution" in the world.
Whether you are looking to expand your automotive prowess or start a new journey in the ever-living industry of automobiles, you will need a couple of things for you to make your endeavour truly successful. As it happens, Ventspils has just the right cornerstones for you. From research and development provided by the ecosystem, to ground for manufacturing and logistics already established and proven itself - this growing manufacturing hub in Eastern Europe is the place to expand.
Ventspils company Aspired has started to offer clients around the world a pocket-sized portable air quality, humidity, and temperature sensor called Airvalent, which can be used at home or in the office.
Experience unparalleled connectivity and customer-centric logistics solutions in Latvia's core network hub, strategically positioned on the East-West transit corridor within the European TEN-T network. Ventspils stands out for its responsive infrastructure, offering efficient and versatile transport routes essential for global and regional supply chains.
Ventspils State City Municipality and Ventspils Free Port Authority in cooperation with the association "Green and Smart Technology Cluster" on November 10 from pl. 10.00 a.m. In Ventspils, in the premises of the "VIZIUM" science center, a vision seminar "Renewable energy for the Latvian economy" is being held. Will solar and wind parks in Latvia reduce payments for electricity?".
WHY GERMAN INVESTORS ARE CLUSTERING in VENTSPILS, LATVIA: A GUIDE TO EUROPE'S EMERGING BUSINESS HUB27/10/2023
Over the past two decades, Latvia has experienced a surge in foreign investments, totalling over 20 billion euros.In 2022, Ventspils achieved a significant milestone with a turnover of 390 million EUR from manufacturing industry companies operating in the city. Several companies have already established successful operations in Ventspils, contributing to the diverse industrial landscape of the city.
Unveiling the Latvian Advantage in Green Tech and Manufacturing
The green tech and manufacturing sectors are experiencing a surge in growth, and savvy business leaders are actively seeking cost-effective solutions. Latvia, a Baltic gem, presents a wealth of advantages, and here's why you should contemplate Ventspils as your next business center and industrial building opportunities. On 16 June, the traditional celebration of rafters was held for the future industrial building at 99 Ganību Street. Vonstruction of the new production building is being carried out by SIA PILSBŪVE, while the building will be leased by SIA Aspired, which plans to create up to 45 new jobs in Ventspils in the future.
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