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Foreign investments in Liepaja's companies increased by 20.1% in 2010

Nina Kolyako, BC, Riga, 20.01.2011.Print version
The amount of foreign investment in share capital of Liepaja's companies was LVL 38.2 million in end-2010, which is 20.1% more than in end-2009, according to the Registry of Enterprises' Lursoft database. The foreign investment in share capital of Liepaja-registered companies in 2010 has increased LVL 6.4 million, as Liepaja City Council spokesperson Gunta Jekabsone informed LETA.

Liepaja Port.

Several Liepaja's companies received LVL 11.2 million worth of investments last year. The largest amount of investments came from Cyprus (LVL 8.7 million), Estonia (LVL 1.8 million), Denmark (LVL 0.3 million) and Hong Kong (LVL 0.2 million).

 

However, the amount of reduced investments in the same period was LVL 4.8 million. Germany reduced its investments (LVL 2.3 million), Sweden (LVL 1.7 million) and Russia (0.5 million).

 

The largest foreign investor in Liepaja in 2010 was Sweden. Sweden maintained its position even though its investments decreased LVL 1.7 million. Until the end of 2010 Sweden had invested LVL 10.4 million in direct investments, which is 27% of total direct investments. Denmark invested LVL 8.7 million (23%), it is followed by Cyprus – LVL 8.6 million (23%), Estonia – LVL 3 million (8%) and Russia LVL 1.3 million (4%).

 

In 2010 direct investments were registered in share capital of 339 Liepaja's companies from 42 countries. Nine countries increased their investment in share capital of Liepaja's companies, eight decreased them, while investments from other 25 countries remained the same.






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