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.
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Entrepreneurs Gain Comprehensive Insights into Business Support Programs at LIAA Info Hour
On March 4, 2025, the Latvian Investment and Development Agency (LIAA) Representation Office in Daugavpils hosted an INFO HOUR, providing entrepreneurs from Daugavpils, Augšdaugava, Preiļi, Līvāni, and Krāslava regions with a unique opportunity to explore key business support initiatives.
During the event, participants gained valuable insights into the latest incubation and pre-incubation programs, their admission criteria, and funding opportunities available through the Development Finance Institution ALTUM and the Latgale Special Economic Zone (Latgale SEZ).
Vladislavs Stankevičs, Deputy Governor of the Latgale SEZ, highlighted that since its establishment in 2017, Latgale SEZ has played a crucial role in attracting investments, modernizing production, and fostering job creation in the region. He emphasized the significant benefits available to businesses, including:
✅ Up to 80% corporate income tax relief
✅ Up to 100% real estate tax exemption. -
Kuprava Industry SIA Joins Latgale SEZ
At the beginning of 2025, Kuprava Industry SIA officially became a member of the Latgale Special Economic Zone (Latgale SEZ). The company, based in the border village of Kuprava in the Balvi district, is the creator and developer of the Sauna LAB brand, specializing in the production of premium wood-frame saunas and modular buildings. Combining craftsmanship with innovation, Sauna LAB products integrate digital features, remote control functionality, customized design, and long-term durability. Each unit is constructed from high-quality, eco-friendly materials, ensuring adaptability to diverse customer needs and varying climate conditions.
Despite being a relatively young company, Kuprava Industries has rapidly established a strong brand presence in the Latgale border region, actively contributing to local economic development. The company is committed to job creation and employee well-being, fostering a stable and supportive work environment. Over the past two years, the team has expanded from three employees to a workforce of 13, reinforcing its strategic vision—to strengthen its market position both domestically and internationally by offering a diverse portfolio of high-quality, innovative products.