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Industrial infrastructure

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There are numerous empty factory buildings from the Soviet era owned by local government as well as private persons. These buildings are fit for reconstruction as manufacturing plants for various kinds of businesses. Usually these industrial areas contain old factory buildings and warehouses, which require investment, but on the other hand, the areas are usually well equipped with basic infrastructure (electricity, gas, water and roads).

Transport and communications infrastructure

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One of the main advantages of the region is a balanced and integral transport infrastructure. Currently this includes roads and railroads, but there is potential to develop air travel routes in the future.

Latgale is on the crossroads of three major roads and railroad lines of national and international importance:

Railroad:

  • Moscow – Zilupe – Rezekne – Krustpils – Jelgava - Ventspils;
  • Vitebsk – Indra – Daugavpils – Krustpils – Riga;
  • St. Petersburg – Karsava – Rezekne – Daugavpils – Eglaine – Klaipeda/Kurcums – Vilnius.

Railroads run parallel to the three main roads that support Daugavpils and Rezekne as important junctions.

Land

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Land prices in Latgale are some of the lowest in the country, but prices have been consistently rising.

 

Commercial property

The supply of commercial property is satisfactory. There are numerous opportunities to lease commercial properties (offices, factory spaces) in the largest cities of Rezekne and Daugavpils. There is a growth potential for office leases. Factory space can be bought or leased.

Residential real estate

Real estate market is very active in the largest cities of the region. Apartment prices are determined by the location, condition of the apartment and the condition of the apartment building.

 

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Jun 25
Izsludināts 2020. gada projektu konkurss uzņēmējdarbības uzsākšanai un attīstībai Rēzeknes novadā… https://t.co/eqVeYSsW6T
Jun 25
Uzņēmējus aicina dalībai jaunā formāta Iespēju festivālā “Uzņēmēju dienas Latgalē 2020” https://t.co/JeNgiSfZW4 via @LatgalesRegions
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RT @RezTehAkademija: 9. jūnijā publicēti Eiropas Savienības augstskolu novērtēšanas sistēmas “U-Multirank” rezultāti, kur Rēzeknes Tehnoloģ…