Sectors

Bioeconomy

5th most forested country in Europe

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Biomedicine

4th by turnover amongst manufacturing industries in Latvia

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Smart energy

3rd in the EU in renewable energy consumption

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ICT & Smart city

Leaders in exporting telecommunications services in the Baltic States

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Smart materials and photonics

World’s leading provider of fiber optic products

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Engineering and metalworking

70% exports of the total output

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Food processing

2nd in the EU in wheat production per capita

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Healthcare

6h in the world in phlebology

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Life science

Highest value-added in the Baltics

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Transport and storage

Lowest port fees in the Baltic Sea region

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49%

of all Baltic capital airport passengers are served by Riga International Airport

Visma Labs

“Visma is very satisfied doing business in Latvia. Visma entered the market in 2014 and has since then grown the business in the country.  Latvians are hard working, reliable, they adapt easily to different cultures and deliver all tasks in high quality.”

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Therese SlettenDirector Strategic initiatives, Visma group

TietoEVRY

“At TietoEVRY in Latvia we are setting new standards as we focus on attractive work environment. More than 750 of our employees have a modern work model – open-plan office, flexible working hour concept, fruits in the office, and psychologist counseling included in the insurance policy. We, Tieto Latvia, are an employer with a balance between work and leisure.”

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Valērija VārnaCountry manager, Chairman of the board Tieto Latvia

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Visma Labs
TietoEVRY

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Webhelp

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 Tele2

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Simurg Balticum

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 NordePlast

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Bucher Municipal

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 iCotton

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Dinair Filton

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 LEAX Group

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SEB Global Business

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 Cognizant

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AKG Thermotechnik Lettland

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 Chess24

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Circle K

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Webhelp

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 Tele2

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Simurg Balticum

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 NordePlast

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Bucher Municipal

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 iCotton

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Dinair Filton

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 LEAX Group

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Publications

Relocation Guide

Relocation Guide to Latvia 2022
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Business Guide

Business Guide 2022/2023
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Fact sheet, Latvia, economy at glance

Fact sheet about Latvia 2023
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Latvian startup guide

Latvian Startup Guide
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Recent news

05.06.2023 - Economy, LIAA

Latvia updates its nation brand strategy
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31.05.2023 - ICT, Startups, Technology

Mapon to acquire Estonian telematics company CarCops
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30.05.2023 - Support

One year of the digital nomad visa – where are we now?
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28.05.2023 - Biomedicine, Biotechnology

MGI launches first European production site in Latvia
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Why Latvia?
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Contacts

  • Investment and Development Agency of Latvia (LIAA)

  • Address: 2 Perses Street, Riga, LV-1442, Latvia

Phone: +37167039400

pasts@liaa.gov.lv
www.liaa.gov.lv
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