Latvia opens up with innovative chemical- and pharma investment
The partnership between Latvia and South Korea highlights the potential in driving innovation and economic growth.
The partnership between Latvia and South Korea highlights the potential in driving innovation and economic growth.
PurpleGreen and SET signed the sale of 550k tonnes of green ammonia per year for 20 years, promoting Latvia’s economic development.
The amount of electricity generated by solar power plants increased more than three times compared to 2022, reaching 239 GWh.
In Latvia there are about 1.27 mn mailboxes, only about 90,000 do not fulfil their duty: a clear opportunity in making the service more modern and efficient.
Latvia can be integrated into global microchips manufacturing chains with competitive advantages in terms of workforce and technologies.
In the first semester of 2024, 28 investment projects have been implemented in Latvia, worth €263m to the economy and 1,245 new jobs.
Latvian government launches a school program to include traditional rye bread in the daily meals of pupils from kindergarten to the entire first cycle.
With government funding being increased alongside the decline in competitiveness, budget deficit and debt will only widen.
Latvia invests tens of millions of euros to have an army of drones, stimulating national companies and R&D to develop smart production for war use.
Rail Baltica is a fully electrified double-track railway, with a 249 km/h design speed, that will reduce times between the Baltics and the rest of Europe.