bio medice

BIO MEDICINE

4th by turnover amongst manufacturing industries (2022)

10% of total manufacturing exports amongst other industries in Latvia (2022)

27 5

companies in the chemical & pharmaceutical industry

75.6% of manufactured chemicals & pharmaceutical products are exported (2022)

erritory 64 6 K km

opulation 1.9 M Currency € (EUR)

Languages Latvian, English & Russian; German is also widely spoken

INFRASTRUCTURE THAT MEANS BUSINESS

>5 100 employees in chemical & pharmaceutical companies

• Access to the EU internal market of 490 million people in a matter of hours

• 5G pioneers enabling new solutions

EASY TO START

• Startup visa as fast track for non-EU founders

• EU Blue Card for highly qualiﬁed workers & their families

• Temporary Residence Permit as another option

• Long-established capabilities in chemistry R&D

• Strong base of higher education & scientiﬁc institutions

HELPING YOU GROW

• 50–60%

of co-ﬁnance for Staﬀ Training Last call for applications will open in June

• Support for digitalization of processes in commecial activities

•

Capital Riga T

5 Special Economic Zones

P

LIAA – Investment and Development Agency of Latvia Your business gate openers providing quick solutions & ensuring smooth business startup LATVIA — Smart Investment invest@liaa gov.lv www.investinlatvia org +371 67039473 2 Perses Street, Riga, Latvia, LV-1442

455%

Biomedicine leaders emerge from Riga Stradiņš University & University of Latvia

10Gbps

high capacity

2nd

in Europe with 96% of Latvians speaking at least one foreign language

COUNTRY READY FOR ANY CHALLENGES

Covid-19 crisis proved nation’s exceptional agility by developing solutions to create first-ever contact-free Covid testing station, by instituting the first nationally endorsed contact exposure notification app Apturi Covid (Stop Covid) & by creating many more solutions to improve daily life

HELPING CONNECT WORLDS APART

Initiative to establish high speed data connection between universities, hospitals and research facilities to make big-data transfer possible via high speed data network.

Latvian Biomedical Research & Study Centre is the leading scientiﬁc institute in molecular biology & biomedicine in Latvia

Latvian Institute of Organic Synthesis is one of the major research centres in the Baltics

Baltic Biomaterials Centre of Excellence has been established for advanced biomaterials development

BUSINESSES USING LATVIA AS PLAYGROUND FOR THEIR IDEAS

LIAA – Investment and Development Agency of Latvia LATVIA— Smart Investment

L E A D E R IN B I O M E DIC I N E A M O N G T H E T HRE E B A LTI C STAT E S I N ST I T U T I O N S W I T H H I G H S P E C I A L I SAT ION IN B I O M E DIC I N E

g r owt h f o r c o m p a n i e s d eve l o p i n g t h eir bu s i n e s s i n La t v i a i n 20 2 1

data

for

S K I L L ED & M U LTILI N G U A L TA L E NT P O O L

network

researchers

MORE INFORMATION: invest@liaa.gov.lv; www.investinlatvia.org

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