News

There are 127 financial technology companies operating in Latvia, employing more than 3,600 people, generating a turnover close to 400 million euros, and paying over 91 million euros in taxes annually.

Applications for the next Mini MBA in Innovation Management cohort will open on 16 December at 10:00 on the Business.gov.lv platform.

At a press briefing today, the first two companies – BlockBen and Nexdesk – that have received MiCA licences issued by Latvijas Banka to operate in the EU crypto-asset market were presented to a wider audience.

On 10 December at the gallery “Petroleja”, the winners of the Investment and Development Agency of Latvia (LIAA) competition “Ideju kauss 2025” were announced. The main prize – €10,000 for idea development – was awarded to Aivars Vembris and Arturs Bundulis from the Latvian deep-tech startup “AP4PIC”.

When choosing between onshore and offshore wind parks, 25% of respondents said they would prefer energy generation at sea (compared with 9% on land).

Rēzekne-based company SMART Interior manufactures hull and interior furniture for ships. The company’s activity covers the entire cycle, from design and manufacturing to full installation on board the ship.

The solution created in Latvia is the first to have been adapted specifically for tree seedlings, making it possible to grow seedlings in a controlled environment throughout the year.

Latvian food companies are asserting themselves more and more confidently in Japan – a market that is often described as one of the most demanding and conservative in the world.

From 28 cities, across 18 countries, Riga was selected as being the most desirable based on five key factors.