Daugavpils is the second largest city in Latvia. It is located approximately 230 km south-east from the Riga, on the banks of the River Daugava, from which the city got its name. It is located on the crossroads of railways taking goods daily from the East to West and have made the city one the main industrial centres in Latvia since 19th century. Historically the busy railway line meant that frequent repairs of the rolling stock were also needed. Today we know that this was the beginning of the engineering industry in Daugavpils now employing more than 3000 people. The favourable geographical location is still the most important factor for development of the city. There are several metal-processing enterprises in Daugavpils, food production and well developed light industries. Small and medium-sized businesses are actively participating in the economy of the city. Welcoming people and unspoiled nature just add to this unique place in Eastern Latvia.
Need an excuse to visit and explore?
From June 2-3 Daugavpils City Council and LIAA are organising the IV International East Baltic Business Forum in Daugavpils to highlight some of the new business opportunities in the region. The guests are expected to arrive from the neighbouring countries of the Baltic States, Belarussia & Russia, Scandinavia, Poland, Germany, France, the UK and others.
To see latest agenda click here and register by sending an email to Ms Alise Pika (email@example.com)
The organisers also offer to cover guests accommodation costs during their stay in Daugavpils.
The story of Axon Cable (France)
The manufacturing facility in Latvia produces for aircraft giants Airbus and Boeing, among other clients. In its fifteenth year of operations in Latvia, the company’s annual turnover for this facility in 2014 was 24 million euro.
Daugavpils in numbers
Daugavpils companies by sector
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