Lightguide is one of the world's leading companies in the design and manufacture of silica optical fibres and fibre optic products. The light-conducting fibres produced here are used in the manufacture of minimally invasive medical instruments, as well as in the production of fibre bundles that are further used by the world's leading industrial and scientific equipment designers and manufacturers.
Regula Baltija Ltd. is a manufacturer of unique specific equipment and has been doing so since June 2005. The company's main activity is the production of equipment that enables the authentication of protected documents, the verification of identification cards, passports, banknotes, driving licences, etc. The company also develops software to work with the equipment produced and databases for entry documents.
Pulsar Optics Ltd. is part of Yukon Advanced Optics Worldwide, headquartered in the heart of Europe, Lithuania. Our history dates back to 1991. It was started by a group of friends who shared a passion for human empowerment. This group of enthusiasts assembled the first wooden observation tubes in the basement of a once unfinished residential building.
The government on Tuesday, 14.01.2025. endorsed an Action Plan for the economic growth and security of the Eastern Border Region from 2025 to 2027, which will cost more than EUR 640 million.
The plan identifies the main challenges that need to be tackled in the eastern border area as a result of Russia's war against Ukraine. These challenges are common to countries bordering with Russia and Belarus in the EU and include the worsening of the already unfavorable economic situation, difficulties in maintaining business activity, for instance, small and medium-sized enterprises.
The negative impact on citizens' sense of security and increased social tensions have been cited as challenges, hence the need to strengthen societal resilience and preparedness.
Negative impacts on potential investment flows, disrupted transport corridors, and halted tourist flows were also mentioned in the action plan.
The measures included in the plan are aimed at strengthening security, economic development and human resources development.
On January 10, representatives from the Latgale Special Economic Zone (SEZ) Administration, along with the Chairman of the SEZ Supervisory Commission, Jānis Lāčplēsis, visited the village of Kubuli in the Balvi district. Their visit focused on observing the progress of the investment project “Development of a Wood Drying Kiln 2023,” implemented by SIA "Vitai."
“Vitai” acquired Latgale SEZ status in 2023. The company specializes in producing environmentally friendly firewoods. This product is not only one of the most affordable and sustainable options available today but also a highly demanded export commodity for businesses and individual consumers alike. As emphasized by the company, firewood remains one of the most eco-friendly sources of heat energy.
The investment project under the Latgale SEZ aimed to enhance business operations by increasing production capacity and boosting competitiveness both in Latvia and international markets. By scaling up production, Vitai SIA expanded its product offerings to meet the needs of its established customer base while attracting new clients with a broader range of products.
Web site was created within the Project “Entrepreneurship support measures in the Latgale Planning Region” of European Economic Area Financial Mechanism 2021-2024 Programme “Local Development, Poverty Reduction and Cultural Cooperation”
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