News & Events

Soon five years will have passed since the company Arbo Windows is operating in the industrial zone of the Freeport of Ventspils at Kustes dambis 32; the company manufactures wooden windows, doors, sliding mechanisms and insulating glass units.

According to the information provided by the Central Statistical Bureau for the last year, industrial enterprises operating in Ventspils have reached a 46% increase in their industrial production output when compared to 2017. This increase is 38% higher than the average indicator in Latvia (8%).

In 2018, the total volume of cargoes transhipped by the terminals working at the Freeport of Ventspils has exceeded 20 million tons for the second year in a row. Indicators of the aforementioned year represent 1% over the volume of 2017 and 8% over the volume of 2016.

In 2009, "Ventspils-Andren", manufacturer of environment-friendly large size fiberglass constructions, commenced operation in the industrial territory of the Freeport of Ventspils. Products manufactured by the company find customers not only in Scandinavian and European countries, but also in other countries around the world.

Next year will commence in the Freeport of Ventspils with the all-time most extensive renovation of the port’s largest hydrostructure – Northern Pier, which is planned to last for nearly two years and which will be executed by the JSC (AS) BMGS.

Ventspils Business Support centre, founded with the financial support of Ventspils municipality and with the help of Ventspils High Technology Park, whose one of the founders is Ventspils Freeport Authority, is running for almost a year. The Business Support Centre has become a singular bridge between different instances facilitating entrepreneurship. A bridge for beginners to the business world. The first birds have left the nest

Last week, the company HansaMatrix signed a loan contract with the European Investment Bank for the granting of funds in the amount of 10 million euro. This is the first loan to a private company in Latvia, granted within the framework of the European Strategic Investment Fund or so called Junker’s plan. Two thirds of the received loan – more than 6 million euro – are intended to be used for the building of capacity and introduction of new technologies at two companies in Ventspils – HansaMatrix Ventspils and EuroLCDs, which operate in the industrial territory of the Freeport of Ventspils.

Industrial companies operating in the industrial territory of the Freeport of Ventspils have manufactured products worth nearly 183 million euro in nine months, thus increasing output by 57% comparing with equal period last year.

For the purpose of partial compensation for the costs caused by the inflation, the Board of the Freeport of Ventspils has decided to increase on average by 8% port fees and service fees at the Port of Ventspils. Even after the changes to become effective as of 1 January 2019, fees of the Port of Ventspils will still be the lowest on the eastern shore of the Baltic Sea, thus providing the most competitive conditions for the private companies for operation at the Port of Ventspils.

Hydro-structure engineer Boriss Lobkovs is a legendary man, he has the information about all the hydro-technical objects and facilities built in Ventspils Freeport during the second half of the last century. He also supervised the construction works of buildings that were built later on and did not spare his advice during the recent reconstruction of Sothern Breakwater.