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International Internet Magazine. Baltic States news & analytics Saturday, 08.08.2020, 11:38

FDI in Latvia up 1% in H1

BC, Riga, 08.07.2020.Print version
In the first half of 2020, foreign direct investment (FDI) in Latvian enterprises rose by 1% to EUR 7.22 billion, representatives of Lursof business database provider informed LETA.

A total of 414 new foreign investors were registered in the first six months of 2020 compared to 761 investors registered in the same period last year. 

In the first half of 2020 FDI from Cyprus showed the fastest growth, increasing by EUR 82.07 million. The steepest increase was registered in June when the Cyprus-registered company Emteko Limited increased its investment in Latvia's Emteko Holding from EUR 34.087 million to EUR 121.117 million.

Meanwhile, FDI provided by Dutch investors fell at the steepest rate, reducing by EUR 38.79 million in the six months. 

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