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.
Ventspils has been recognized as the winner in the "Most Business Friendly City 2023" category of the competition organized by the Latvian Chamber of Commerce and Industry together with the Turība Business University, Junior Achievment and the SKDS Research Centre. Ventspils was followed by Jelgava and Jūrmala
Stena Line has acquired operations of the ferry and RoRo terminals in the Port of Ventspils, Latvia. The acquisition in Latvia is the latest among several moves to support Stena Line’s long-term expansion in the growing Baltic Sea region. Stena Line has operated the route between Ventspils and Nynäshamn, Sweden since 2012 and company's announcement is a proof point of Stena Line’s long-term commitment to Ventspils – one of Stena Line’s strategic sites in the Baltic Sea.
HansaMatrix is a high-tech company that manufactures new electronic products and systems in its factories in Ogre, Ventspils and Marupe. HansaMatrix has been in Ventspils since December 2007 and employs almost 200 people. The availability of premises and employees, as well as the infrastructure, are important factors why the company's management chose Ventspils for its business development.
The new Ventspils Industrial park of national importance was for the first time presented during the Kurzeme Business forum held in Ventspils on May 17. Ventspils Industrial park project has been submitted for evaluation, and municipality hopes it gets approved.
Let us introduce manufacturers that have already chosen Ventspils! For more than 10 years Ventspils is home to the production plant of the company Forta PRO. 150 people who work in the plant produce high-quality modules for construction of hotels, residential buildings, student hotels, rental apartments, hospitals, clinics, social service institutions and other types of buildings. The modules produced in Ventspils are mainly transported to foreign countries.
Turnover and export amount of Ventspils companies of manufacturing industries increased in 202213/3/2023
According to the information provided by the Central Statistical Bureau of Latvia, in 2022 the turnover of manufacturing industry companies working in Ventspils amounted to 390 million EUR, thus reaching a new milestone. This is the highest number in the history of Ventspils.
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