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VALMIERA THINKS AND CREATES

VALMIERA THINKS AND CREATES. WWW.VALMIERA.LV. Distance to Riga: 1 07 km to Riga Airport: 140 km to Estonian border: 50 km. Strategic location. Valmiera – a dynamic welfare city for everyone. Population: ~ 27 200

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VALMIERA THINKS AND CREATES

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  1. VALMIERATHINKS AND CREATES WWW.VALMIERA.LV

  2. Distance to Riga: 107 km to Riga Airport: 140 km to Estonian border: 50 km Strategic location

  3. Valmiera – a dynamic welfare city for everyone • Population: ~ 27 200 • Territory: 18,1 km² (14% are industrial, commercial or mixed business territories) • Founded in 1283 • Since July 2009 – one of 9 republican cities

  4. Economic activity Source: Central Statistical Bureau of Latvia

  5. Economic profile Source: State Revenue Service

  6. Most developed business sectors • - Chemical industry, textile industry (JSC „Valmieras stikla šķiedra”, „Culimeta Baltics”, Ltd. „Valmiera – Andren”, Ltd., “Valtanks” Ltd.) • - Food production (JSC „Valmieras piens”, „Maiznīca „Ieva” Ltd.) • - Metalworking („Valpro”, Ltd. „Valtanks”, Ltd. „Vidzemes Metālserviss”, Ltd. “Metāla alianse”, Ltd.) • - Trade (city-gallery “Valleta”, retail shop chain “Top”, „T.N.Rozalinde”, Ltd. „A.I. Rīts”, Ltd. „Valrek”, Ltd. „Agroserviss Valmiera”, Ltd.) • - Construction („Vidzemes energoceltnieks”, Ltd., JSC „SCO Centrs”, „Ekers”, Ltd., „Bazalts”, Ltd.) • - Furniture („Valmieras Mēbeles”, Ltd., „Dizaina centrs”, Ltd.) • - Other production companies: „V.L.T.”, Ltd. (egg trays and cartons), „AGA”, Ltd. (liquefied oxygen and nitrogen), etc.

  7. Foreign Direct Investment • 81 company from 19 countries • 1. Germany – 21,5milj.LVL (~30milj.EUR) • 2. Sweden – 4,1milj.LVL (~6milj.EUR) • 3. the Netherlands – 0,3milj.LVL (~0,4milj.EUR) • Total FDI – 26,2milj.LVL (~37milj.EUR) Source: LURSOFT

  8. Investment from EU etc. foreign sources • In period from 2007 to 2011: • Municipality has received funding from EU and other foreign sources: ~ LVL 15milj. (~ 20,8milj.EUR) • Public service providers: ~ LVL 18,8milj. (~ 26,1milj.EUR) • - Total: ~ LVL 33,8milj. (~ 46,9milj.EUR)

  9. Tax reductions • For manufacturing/industrial companies it is possible to reduce Real Estate Tax by 25% per year

  10. Advisory Board of Entrepreneurs • Effective Governance Award 2007 • Improving Business Environment 2010 • Most Business Friendly MunicipalityorGovernmental Institution 2011

  11. Valmiera Business and Innovation Center • Situation at 31st December 2010: • Number of companies – 38 • Number of working places – 89 • Developed products – 21 • Turnover of companies at incubator – LVL 923 445 Source: Valmiera Business and Innovation Incubator

  12. Growth Cities Network • Amersfoort (the Netherlands) • 13th District of Budapest (Hungary) • Celje (Slovenia) • Solna (Sweden) • Valmiera (Latvia) Amersfoort, 13th District of Budapest, Celje, Solna, Valmiera

  13. VALMIERATHINKS AND CREATES WWW.VALMIERA.LV

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