In April, the Italian corporation Marcegaglia announced the acquisition of the Latvian unit of the Russian steel producer Severstal. The deal was made possible after obtaining approval from the…
At the end of 2021, Norway ranked 9th in terms of investments in the share capital of companies registered in Latvia with a total investment of 327 million Euros. These funds have been invested in a…
Even though the global FDI flows remain below the pre-pandemic level, 2021 brought positive trends for Latvia as the Investment and Development Agency of Latvia (LIAA) helped attract 32 investment…
In the first nine months of 2021, the Investment and Development Agency of Latvia (LIAA) attracted 31 investment projects that will contribute an estimated 500 million EUR to the Latvian economy and…
Yesterday, 2 September, the Technology Centre DevOps Riga of Swisscom, one of the leading information technology (IT) companies in Switzerland, was solemnly opened. The decision to establish the…
In 2020, the total foreign direct investment into Europe fell by 13% due to the pandemic and other factors, according to a study by ‘EY’. In Latvia, however, the year saw an increase of 79%. The…