On Friday, October 2, Raivis Bremšmits, State Secretary of the Ministry of Economics (EM), met with Ieva Jāgere, Director of the Latvian Investment and Development Agency (LIAA), to assess the…
Israeli-founded fintech company Fibonatix has reached an important milestone in Latvia, as SIA Fibonatix (LV) has received a licence from Latvijas Banka to operate as a payment institution. The…
Startups in Latvia continue to grow and are becoming an increasingly important driver of the economy and innovation, according to the findings of the annual industry study by the Latvian Startup…
At a media event hosted today by the Investment and Development Agency of Latvia, it was announced that the Slovenia‑based energy company NGEN Group is entering the Latvian market with a €50 million…
Latvia has been ranked nr. 1 out of 32 countries in the Investment Promotion Agency index as outlined in “The Investment Promotion Playbook 2025” report by Reinvantage, an independent consultancy…
Latvia has become one of the most important long-term investment destinations in the region – Ingka Investments, the investment arm of Ingka Group (the world's largest IKEA retailer), has agreed…
There has been signed a notable statement in the Liepaja Special Economic Zone (SEZ), on the establishment of the Liepaja Sustainable Industry Hub, by combining several private strategically…
The Latvian company PurpleGreen, developing a green ammonia plant project within the Freeport of Ventspils, and the German energy trading company S.E.T. Selected Energy GmbH, alongside its…
During the official visit of Latvia's Prime Minister, Evika Silina, to Norway on October 24-25, an agreement was secured for Norse Atlantic Airways to establish a new corporate office in Riga,…
One of Uzbekistan's leading IT companies, UZINFOCOM, employing over 1,000 people, has chosen Riga for its European office. The new location will create 100 jobs and serve clients across the EU and…
