News
Freeport of Ventspils Authority in Tallinn strengthens cooperation for the development of the hydrogen economy in the Baltic Sea
On 17 and 18 September, the H2Deri@BSP project partners met in person in Tallinn to discuss the ...“MarTe” Project Partners in Ventspils Explore Regional Opportunities for Strengthening the Blue Economy
On Friday, September 12, the Latvian partners of the project “MarTe: Marine Technology Excellence Centre for a ...Ukrainian Committee on Transport Infrastructure Development Holds Offsite Meeting in Ventspils to Discuss Cooperation on Three Seas Initiative
Last weekend, the Committee on Transport and Infrastructure of Verkhovna Rada of Ukraine, operating within the ...
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
Chairman of the Board of Ventspils High Technology Park Ivars Eglājs:
– Ventspils is the only Latvian city in which the number of ICT companies has increased more than 5 times during the last 7 years. The developed strategy and action plan prescribes a further development and provision of ICT concentration in the city. According to the strategy we plan to make Ventspils more visible in the European ICT map by finding the niche appropriate for Ventspils and the whole region as well as by providing high-quality education for professionals, and excellen infrastructure and the best conditions for ICT companies.
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.”