Raimonds Vējonis
The President of
the Republic of Latvia

President Raimonds Vējonis was born in June 15, 1966 in Pskov Oblast, in the former Soviet Union and attended school in the nearby town of Madona and completed his primary education... More..
Thomas F. Daetwyler
Honorary Consul General

Businessman in Sri Lanka where he is resident over 20 years. He was born in Zurich, Switzerland on 7th July 1955 , as a citizen of Switzerland. Did his Maturitaet in 1974 in Commerce at the Wirtschaftsgymnasium Zurich. More..

Home > Business in Latvia

The Latvian economy since 2000 has been one of the fastest expanding in the European Union, with growth annually averaging almost 8.0%. In 2006 the economy grew 12.2% and a further 10.3% in 2007. In 2008 the economy slowed as the pace of world economic growth slowed sharply. 2009 has seen the pullback continue as excesses in the economy built-up in recent years have unwound, not helped by the slump in the world economy, especially key export markets like Europe and Russia.The 2008-2009 pullback is seen as positive as it will help put the economy on a more well-balanced keel.

LIAA - One-Stop-Shop for Foreign Investors and Buyers interested in Latvia
The Investment and Development Agency of Latvia (LIAA) is a state institution reporting to the Ministry of Economy. LIAA offers assistance throughout the process of setting up operations in Latvia, acting as a first point of contact and as a 'one-stop-shop' in assisting investors and in developing tailored solutions to meet their specific needs. The Agency has its own regularly updated database of Latvian enterprises to facilitate partner searches for investment projects and for exporting or subcontracting businesses.

Investment and Development Agency of Latvian

Foreign Trade Promotion Department
Export provision division

Project manager

Perses street 2, LV-1442, Riga, Latvia.
Telephone : +371 67039409
Cell phone : + 371 29750678
E-mail: liana.sarma@liaa.gov.lv

Maris Elerts
Department Director
Telephone : +371 67039410
Cell phone : +371 29208617
Email maris.elerts@liaa.gov.lv

or visit: www.liaa.gov.lv

For other business related information on Latvia, please see the following useful links:

Central Bank of Latvia

Ministry of Economics

Ministry of Finance

The Register of Enterprises of the Republic of Latvia


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