Ventspils

www.ventspils.lv

Size:

• City – 55,4 km2
• Special Economic Zone – 2623 ha
• Inhabitants in the city – 43 000
• Inhabitants in the region – 14 000

Distance to:

• Riga – 180 km
• Port of Riga – 190 km
• Port of Liepaja – 120 km
• Lithuanian border – 170 km
• Estonian border – 300 km
• Russian border – 480 km
• Moscow – 1000 km
• Stockholm – 300 km
• Rotterdam – 1700 km

Main road/railway intersections:

Motorway:

• Ventspils – Riga – Rezekne – Moscow (Russia) (E22)

Railway:

• Ventspils – Riga – Valmiera – Valga (Estonia)
• Ventspils – Riga – Jekabpils – Rezekne – Moscow (Russia)

Largest foreign enterprises operating in Ventspils: 

• JSC Kālija parks (the Netherlands) is one of the world's largest potassium salt transhipment company engaging more than 170 employees.
• JSC Venceb (Switzerland) is offers designing, construction and reconstruction works and employs more than 80 people. 
• Bucher Schoerling Baltic Ltd. (Switzerland) produces parts for vehicles manufactured by Bucher Schörling. Vehicles are predominantly intended for municipalities and used for cleaning and removing snow. Ventspils plant employs more than 50 people.
• Diana Sveces Ltd. (Denmark) is a subsidiary company of Diana Lys Hald AS, which produces candles and engages 200 employees.

Largest Latvian enterprises operating in Ventspils:

• JSC Ventspils nafta deals with transhipment and transport of crude oil and petroleum products by pipelines and employs more than 1600 people.
• JSC BMGS has been operating in construction of marine facilities and civil engineering for more than 55 years. The company employs more than 600 employees.
• Ventspils Elektronikas Fabrika Ltd. is one of the largest electronic manufacturing services companies in Baltic States providing clients with technically flawless, cost-effective, scalable and contingent electronic manufacturing services. It employs more than 40 people.
• JSC Ventbunkers loads of oil products onto tankers and engages more than 340 employees.
• Arbo Ltd. produces windows and doors and employs more than 150 people.
• Bio-Venta Ltd. is the largest biodiesel production plant and transhipment terminal in Latvia. It employs 26 specialists.

Labour skills and education:

Ventspils workforce consists of 20 000, 24% of which is engaged in transport, storage and communication. To facilitate the intellectual development in the region and to prepare highly skilled specialists Ventspils University College was created in 1997. Its departments range from Information Technologies to Translation to Business Administration. Ventspils branch of Riga Technical University offers study programmes in electronics, computer – aided electronic engineering, telecommunications and computer-aided transport, information and electrical systems. Venspils has several decorated research institutions - Ventspils International Radio Astronomy Center, Engineering and Research Center and Technology Transfer Center of Kurzeme.

Incentives and developments:

Ventspils hosts one of Latvia’s four Special Economic Zones (SEZ)/Free ports. It is also home to Latvia’s second largest port, which serves as a significant transit centre for the Baltic reagion. Ventspils municipality also provides infrastructure development up to site border for potential investment projects. That coupled with SEZ/Free Port tax allowances makes Ventspils a preferred investment destination in Latvia.

Municipality can offer:

• Special Economic Zone / Free port (tax allowances)
• Collaboration on infrastructure development
• Excellent education and training base
• Professional workforce
• Research institutions

Contact information:
Mr. Igors Udodovs
Head of Marketing and development department
Ventspils Free Port Authority
Phone: (+371) 636 22586
Fax: (+371) 636 21297
igors.udodovs@vbp.lv
www.portofventspils.lv

See some potential Real Estate offers for your project:

• Greenfield (363 730 m2)
• Greenfield (200 000 m2)
• Office (3500 m2)

For more information see full profile of Ventspils

If you have selected Ventspils as best potential location for your investment project, please fill out our Investment Project Assessment Form, and our Investment Promotion Team will be glad to help you with your business development.