More news

Welcome to the second quarter issue of Latvia Invest 2009. We are glad to inform you that LIAA has recently been announced as 7th best in the world in terms of overall service performance among national investment promotion agencies. This time we start with the opinion of LIAA Director on how our services can help you to develop your business via merger and acquisition opportunities in Latvia. This article is followed by the study of the recent development in sector of transportation and logistics in Latvia. Please take a closer look at Jekabpils city development, unique technologies of Sidrabe, a large greenfield investment project of Norwegian company BAU HOW and other useful news. Wishing you a great summer!

Dear investors and readers of “Latvia Invest”! Lush summer with long days and short nights has arrived and so has the second issue of “Latvia Invest”. I would like to open it by saying that among extensive international media coverage on events related to Latvia’s economy at least one very positive achievement has been somewhat overlooked.

On the crossroads In a time of global economic recession few sectors enjoy stability and even fewer experience growth. Transportation and logistics is one of those few. In Latvia this sector has enormous potential, in terms of both geography and legislation.

Jekabpils - city of changes Jekabpils enjoys an extremely favourable geographic location. Situated on the banks of the largest river in Latvia, the Daugava, at a point where both railway lines and motorways intersect, Jekabpils is 140 km from the capital city Riga, 65 km from the Lithuanian border, 160 km from the Belarusian border and 165 km from the Russian border. With a population of 26 600, it is the ninth largest city in Latvia.