Analytics, Financial Services, Investments, Latvia

International Internet Magazine. Baltic States news & analytics Sunday, 29.11.2020, 18:26

Latvia: FDI in share capitals of companies continue declining in 2019

BC, Riga, 16.01.2020.Print version
Foreigners have invests EUR 7.03 bn in share capital of Latvian-registered companies at the end of 2019, which is by EUR 125.42 mln less than at the end of 2018, according to Lursoft business database writes LETA.

Foreign investments in Latvian companies have dropped by EUR 502.33 mln from 2015, when the highest amount of investments or EUR 7.53 bn were registered in share capital of Latvian companies. 

Last year 13,300 transactions were registered in relation to investments, including 4,200 positive transactions when investments were made.

The study shows that investments by German citizens show the fastest rise - by EUR 365.32 mln, followed by Estonia - EUR 120.74 mln, the British Virgin Islands - EUR 77.84 mln, Switzerland - EUR 31.95 mln, and the Czech Republic, showing a EUR 31.30 mln rise.

Foreign investments in Latvian-registered companies increased in 48 municipalities, with the steepest rise inn Saulkrasti county - from EUR 145,350 in 2018 to EUR 26.26 mln in 2019.

The FICIL Sentiment Index 2019 released on Wednesday by the Foreign Investors' Council in Latvia (FICIL) shows that foreign investors' readiness to increase investments in Latvia has risen, and foreign investors' assessment of Latvia's investment climate has improved.

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