Ventspils is a modern city situated in the central part of the Baltic Sea region, which makes it an optimal hub for economic co-operation with Sweden, Denmark, Germany, Poland, Lithuania, Belarus, Russia, Estonia and Finland.
Presently, Baltic Sea region countries show dynamic development, making the region Europe’s most rapidly growing market with a population of approximately 100 million people.
EU enlargement has enhanced the pace of economic development and according to forecasts, import/ export volume will dramatically increase in the next 10 years.
Excellent business environment, low tax burden and qualified workforce make Ventspils profitable for foreign investment and business of local companies.
Ventspils is located in the northwest of Latvia and occupies 55.4 km2 with a population of 44,000 people.