Latest news

Latvia’s iCotton hygiene goods company invests EUR 8.1 million in new production line
Latvia’s iCotton wet wipes, diapers and cotton hygiene goods producer has invested EUR 8.1 million in a new production line, using co-financing of Citadele bank.
Latvian exports of goods down 5.4 pct y-o-y, imports drop 8.2 pct in Q1
In the first quarter of 2016, Latvia exported EUR 2.323 billion worth of goods to foreign countries, down 5.4 percent or EUR 132.5 million from the same period in 2015, while imports dropped 8.2 percent or EUR 246 million to EUR 2.765 billion.

Industries news

Manufacturing is forced to become export oriented
Latvia has historical roots of processing industry; however, significant changes have taken place during the last twenty years.
The tourism branch recovers from the crisis influence
Accession to the European Union, several important events of global importance – Eurovision, the world hockey championship, and the NATO summit – have helped the rapid growth of the Latvian hospitality industry. Presently, the Latvian tourism industry is recovering from the effects of the global economic crisis and is striving to serve individual foreign tourists seeking recreation at a leisurely pace.

For example: Microsoft Latvia, IT services

Select branch


Advanced Search

Business support organizations

About Baltics

About Baltics

Download PDF

Download copy of our
2015 print catalogue
(English version, 28.7Mb)
(Russian version, 28.7Mb)