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News archive
As the 2007-2013 EU planning period approaches, Latvia focuses on Innovation and high value-added projects
Between 2004 and 2006 LIAA received 1,202 applications for grants supporting the development of private enterprises registered in Latvia, and signed 705 contracts with successful applicants. In total this provided 46.5 million EUR worth of financial support to companies via the EU and the Latvian Government.
The 1st Chinese retail store “Dragon & Fenix” opens in Riga
On October 29, 2007 a grand opening ceremony for the 1st Chinese retail store “Dragon & Fenix” was held in Riga.
International conference “Technology Transfer - Title, Profession, System or Action!”
Investment and Development Agency of Latvia (LIAA) in partnership with Technology and Innovation Agencies of EU (such as Austria Wirtschaftservice, VINNOVA, ASTP, ProTon Europe, LESI International, IWT Flanders, ASTER) in February 24. - 25, 2009, in Riga is organizing an international Conference “Technology Transfer - title, profession, system or action!” .
Technology Agency of Latvia – What does it mean for Foreign investor?
In order to encourage innovation, technology transfer, and promote entrepreneurial spirit with high value added, the Technology Agency (TA) of Latvia was established in January 2006.
Success story of the previous planning period - Grindex opens new Analytical Scaling Laboratory
On the 19th of June 2007 JSC Grindex, the leader of the Baltic pharmaceutical sector, opened a new Analytical Scaling Laboratory which is the only laboratory of its kind in the Baltic States and one of the few in Eastern Europe.
New rail link to Moscow launched.
A new container rail link between Liepaja and Moscow was launched on October 5th. The operator of the new service Rail 45 has two main costumers at the moment – Van Dieren Maritime and Containerships.
Latvia: Building on its Location for Success in Logistics
The Latvian Logistics Tour seminar was held on Friday, September 26th, 2008 and was developed as part of an ongoing effort to promote transit through Latvia both by LIAA and the Latvian Transport Minister Ainars Šlesers
A new, faster and cheaper way of transportation
Following its successful insertion into the Dutch container business Harlingen North Connect Lines has now got together with Liepāja port to offer a new 45ft container service to Russia starting in the near future
Latvia opens a second international airport - Liepaja
AirBaltic, Latvia’s national airline has now started to operate international flights from Liepaja, on the Latvian coast, starting June 9th.
LIAA Celebrates its 15th birthday!
While Latvia celebrated its 90th anniversary in November, employees at the Investment and Development Agency of Latvia (LIAA) have already been celebrating their agency’s 15th year in action. Throughout these 15 years LIAA has successfully become a professional and user-friendly State institution.
Latvia ranks 4th among EU countries with lowest tax burden
On June 26th, Eurostat (ec.europa.eu/eurostat) released the latest figures for tax burdens in Europe
Latvian–French collaboration leads to unique R&D project
Latvia and France have a long tradition of collaboration in the field of liquid metal research and technologies.
Latvia becomes a full-fledged member of the Schengen Zone
On the 6th December 2007 the EU Justice and Home Affairs Council in Brussels adopted a resolution by which nine new EU Member States – Latvia, Lithuania, Estonia, Poland, the Czech Republic, Hungary, Slovakia, Slovenia and Malta all became part of the Schengen Zone.
Latvia ranks 4th among EU countries with lowest tax burden
On June 26th, Eurostat (ec.europa.eu/eurostat) released the latest figures for tax burdens in Europe. According to the report, EU27 tax revenues in 2006 were at 39.9% of GDP. Meanwhile Latvia’s tax burden was among the lowest in the European Union with 30.1% of GDP.
