Economics

Valmiera is an industrial city - the centre of entrepreneurship in Vidzeme region as the majority of its largest enterprises are located in Valmiera.Already since the beginning of the 20th century the largest manufacturing and trading enterprises of regional and also national importance that are well - known beyond the borders of Latvia have centered in Valmiera. Companies of Valmiera are the largest employers not only of the residents of Latvia, but also of the region. Chemical and textile industry, food production, metalworking, manufacturing of furniture and other types of enterprises call Valmiera their hometown.

The city of Valmiera provides its residents with a high quality, modern engineering infrastructure - electricity, natural gas, water supply, heat supply, transport and street infrastucture, railway.

Trading and service infrastructure is highly developed. As a booming industrial town, Valmiera is also one of the greenest towns in Latvia thus proving the existence of  a balanced and sustainable development of industrial territories and natural environment provided that the development is based on the principles of interest coordination and partnership – efficient cooperation between the municipality, business people and the society, as well as the ability to attract the EU funding for long-term projects that are important for the society, economy and the city environment. The available transport infrastructure and the territorial location give Valmiera every opportunity to become a significant motorway and railway junction in the Northeast, as well options to attract intellectual potential from the region.

 

 

Nowadays growth of Valmiera has been based on the manufacturing enterprises that are situated in city, as a result fast growth of trade and service sectors took place. To improve business environment local entrepreneurs and municipality established Advisory Board of Entrepreneurs hat consists of 22 entrepreneurs and advice municipality on issues related to the development strategy of city

As one of the economically most active city in Latvia, Valmiera had 61 enterprises per 1000 inhabitants. Valmiera in the beginning of 2011 came out on the 11^th position in terms of inflow of foreign investments, over 26 Millions of Lats has been invested in the enterprises existent in the city.

In 2007 to facilitate foundation and development of new innovative enterprises, was established Valmiera Business and Innovation Incubator

 

We recommend seeing:

Valmiera Glass Fibre Factory

Address: Cempu iela 13

Phone: +371 64202287

www.vss.lv

 

North Vidzeme Waste Management Organisation

Address: Rīgas iela 32

Phone: +371 64281250

www.zaao.lv

 

Valmiera Water Management Company

Address: Grīšļu iela 6

Phone: +371 64226000

www.valmierasudens.lv

 

Metallic canister and fire-fightin equipment producer Ltd. "Valpro"

Adress: L. Laicena iela 2

Phone:+371 642 07240

www.valpro.lv

 

Trade centre "Valleta"

Adress: Rīgas iela 4

Phone: +371 6 4250820

www.valleta.lv

 

JSC "Valmieras piens"

Adress: Rīgas iela 93

Phone: +371 642 22420

www.vpg.lv

 

Other substantial companies in Valmiera: