News
Freeport of Ventspils Signs Cooperation Agreement with the Port of Chornomorsk, Ukraine
Today, on April 18, a Memorandum of Cooperation was signed in Ventspils between the Freeport of Ventspils Authority and ...In the first quarter of 2025, the volume of cargo in the Freeport of Ventspils has increased by 1.5%
In the first three months of 2025, the terminals operating in the Freeport of Ventspils handled a total of 2.38 million ...The Freeport of Ventspils participates in the Baltic Sea ports hydrogen green fuel technology development project
To make shipping more environmentally friendly, the European Union is developing projects that promote the use of ...
Freeport Services
Being the deepest port on the Eastern coast of the Baltic Sea, we are able to serve the largest ships, which enter the Baltic Sea. All you need for business is available 24/7 at the Freeport of Ventspils: 15 cargo terminals of all types, 19 shipping agencies, regular ferry connections to Sweden, tug, bunkering and other services.
For Investors
The status of Special Economic Zone, tax incentives, more than 700 hectares of free land available for industrial project development, integration into the TEN-T transport network, availability of skilled labor, the Freeport and the City Administration support are the basis for the establishment of new production facilities for the long-term growth in Ventspils.
Businesses currently in Freeport of Ventspils
Hydraulik Bauteile Baltic Procurator Alfred Grieze:
– Since our greatest customer Bucher Municipal Ltd. operates in Ventspils, we chose to launch our company’s operation right here. The future operations and business development in Ventspils was also supported by the fact that the municipality and the Freeport of Ventspils had been very flexible and had supported us in the development process.
Māris Daniševskis, Head of the PtX Department at SIA PurpleGreen Energy C: “We believe Latvia has strong potential to become an exporter of renewable energy. One of the most effective ways to export this energy is by converting it into molecules – such as e-methanol or green ammonia – and then transporting it using the infrastructure available at the Freeport of Ventspils. We highly appreciate the support provided so far by the Freeport of Ventspils Authority and the positive start to our collaboration, and we are working with great optimism to bring this project to life.”
Uldis Ālītis, Head of Project Development and Innovation at SIA PurpleGreen Energy C: “This project is of strategic importance not just for Latvia, but for the entire European Union in reaching the goal of net zero emissions by 2050.
The planned facility will operate with an installed power capacity of 550 MW, enabling the annual production of around 550,000 tonnes of green ammonia. The project could increase Latvia’s total electricity consumption by 65–70%. Additionally, this project is expected to provide a significant contribution to the national budget – approximately EUR 66.4 million in taxes annually.”