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As Europe’s economy moves from survival to recovery in the wake of the Covid-19 pandemic, adversity gives rise to opportunity in Rezekne, Latvia.
Located in the east of Latvia, auspiciously positioned between Europe and Russia, the city of Rezekne is an exciting, emergent prospect for investors.
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Situated at the crossroads between the huge economies of Russia and western Europe, the Latvian city of Rezekne is ideally placed for those keen to extend their reach east and west. With a highly educated, highly skilled and technical workforce, and an excellent package of tax and relocation incentives, the Rezekne Special Economic Zone (RSEZ) is a hidden gem in the heart of Europe. It has a strong base in traditional industries, such as wood and metal processing, but is equally attracting a new generation of entrepreneurs in technology and services.
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Rezekne – a strategically advantageous city with well-organised and advanced technical infrastructure and access roads. The location at the hub of the international transport corridors (motorways and railway lines passing through Rezekne city) facilitates logistics to the ports and provides access to 500 million potential consumers in the EU and 275 million potential consumers in Russia and the CIS.
Rezekne Special Economic Zone (Rezekne SEZ) is the largest industrial area in eastern Latvia offering to conduct business activity under preferential terms of state aid provided by the government of Latvia.
Rezekne SEZ is leveraging its long-standing experience, favourable tax incentives, competitive operating costs and availability of resources to become a major engine for the dynamic growth of eastern Latvia. Working in strong alliance with local and international stakeholders, Rezekne SEZ has brought up a generation of forward-thinking people and become a place that develops in step with time, providing existing and potential customers with:
Tax discounts of up to 80% on corporate income tax and 80–100% on real estate tax, which ensure up to 55% return on investment costs.
Land plots with a total area of more than 30 hectares for rent or purchase, provided with communications and access roads, and ready production buildings for rent.
Support for implementation of investment projects from site selection to tailor- made aftercare services.
Information and consultations on business opportunities.
Organisation of thematic events.
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