Europe's
city
of the future
Valmiera and Valmiera Region - the best place to live, work, study and relax.
Investment Highlights
Today Valmiera is an industrial and manufacturing city – the business centre of Vidzeme, a micro-city of national importance.
Valmiera has long been at the crossroads of entrepreneurship, bustling life, paths and thoughts. As a strategically important Hanseatic city, Valmiera has been a melting pot of money, languages and ideas.
2nd in the country (after Riga) in per capita output and exports (GDP 20 800 EUR)
81
Direct investment companies in Valmiera
4649
Number of enterprises in the municipality
33 806
Working-age population
25%-90%
Property tax relief for investors
Valmiera - a foreign direct investment success story
Valmiera is ranked as the best European micropolitan city in the Foreign Direct Investment Strategy 2022/2023 (Financial Times “fDi Magazine”).
60
There are currently ~60 investment properties available.
Development of industrial areas
Two industrial areas are available for entrepreneurs in Valmiera Municipality:
- Valmiera Industrial and Export Park – a 17 ha territory with new necessary engineering communications – electricity networks, roads, gas pipeline, lighting network, water and sewerage systems.
- Valmiera Industrial Park – more than 102 ha of industrial territory. In 2024, the construction of the necessary utility infrastructure will start.
Key industries
Industrial sector
11%
Manufacture of glass fibres
5%
Manufacture of food products and beverages
4%
Manufacture of wood, of products of wood and paper and of furniture
3%
Mechanical engineering and metalworking
Other major sectors
28%
Agriculture, forestry and fishing
11%
Construction
17%
Wholesale and retail trade
5%
Health and social care
