Latvia and the EIB

We supported energy efficiency projects and the upgrade of Riga’s water and wastewater facilities. We have helped bring sustainable growth to the tourism and agricultural sectors, and supported thousands of small and medium-sized enterprises, while simultaneously promoting the country’s green transition. We helped municipalities become more modern and environmentally friendly. In Riga, our financing also supported new public transport.

At a glance

The EIB provides finance and expertise
for sound and sustainable investment projects in Latvia.

Last year’s EIB Group activity in Latvia by priority

(In € million, last updated at previous year end)

EIB activity in Latvia by sector since start of operations

EIB stories in Latvia

Individual stories speak far louder than figures and charts. Discover how our work improves the quality of life in Latvia and beyond.

26 June 2023

Latvia and the EIB: our impact from 2018 to 2022

We have worked in Latvia since 1994, modernising the country's infrastructure and supporting small businesses and higher education. We have supported energy efficiency projects and the upgrade of Rigas water and wastewater facilities. We have also helped bring sustainable growth to the tourism and agricultural sectors, and supported thousands of small and medium-sized enterprises, while simultaneously promoting the country's green transition. We helped municipalities become more modern and environmentally friendly. In Riga, our financing also supported new public transport.

Latvia European Union
2 February 2023

A day in Europe

Buckle up and discover a normal day in Europe through different projects financed by the European Investment Bank. Will you recognise some of them? The journey begins now!

Slovakia Italy Croatia Austria Spain Romania Ireland Germany Sweden Slovenia Lithuania Bulgaria Malta Finland Belgium Hungary Greece Denmark Luxembourg Cyprus The Netherlands Portugal Poland France Latvia Czech Republic Estonia European Union
18 November 2022

Latvia and the EIB: 2016-2021

We have worked with Latvia since 1994. Between 2016 and 2021, we improved education facilities for 17 500 students and supplied 8 120 small households with energy.

Sustainable transport Latvia European Union Education and training Transport Energy Health and life sciences
18 November 2020
Matt Rees

The EFSI Legacy: Between markets and states

The EFSI success story is built around the programme’s flexibility to respond in the market to new policy challenges, as its initial targets were increased to include new issues, such as climate action

Infrastructure Austria Spain Germany Bulgaria Hungary Latvia European Union Innovation SMEs Climate Infrastructure Research, innovation and technology Climate action and environment Institutional InvestEU SMEs
14 May 2019
Allar Tankler

I Got a Job: In Latvia, Ieva’s a substitute mother

Ieva’s Latvia university job was created to help deal with an increase in exchange students. That’s a goal supported by the European Investment Bank, the EU bank. But her job involves some surprising responsibilities.

Infrastructure Latvia European Union Infrastructure Education and training Development Health and life sciences
10 April 2019

Latvia and the EIB

Here’s one way the EU is investing in jobs in Latvia: the modernised campus of the University of Latvia attracts new talent by offering a good work environment. All for building an innovative Europe.

Universities Latvia European Union Innovation Education and training Research, innovation and technology Development Health and life sciences
5 June 2018

Who’s the ‘smartest’ in Central, Eastern and South-Eastern Europe?

Smart city investment in CESEE needs a boost all around compared to the rest of the EU, but some cities and regions are getting smarter

Infrastructure Smart cities Slovakia Croatia Slovenia Lithuania Bulgaria Hungary Poland Latvia Czech Republic Estonia European Union Innovation Infrastructure Urban development Research, innovation and technology
20 December 2017
Allar Tankler

Chocolate pills to fight heart disease

With its new campus, the University of Latvia aims to expand its innovations, beyond its existing achievements in quantum computing—and chocolate pills.

Universities Latvia European Union Innovation Education and training Research, innovation and technology InvestEU
12 December 2016
Allar Tankler

Ice on planes: Do passenger jets need winter tyres?

Estonia’s main airport upgrades to cope with increasingly extreme weather — and counter the environmental effect of all the de-icing it has to do

Climate Airport Adaptation Lithuania Latvia Estonia European Union Transport Climate action and environment InvestEU

Get EIB support in Latvia

We improve the lives of citizens in the EU and beyond. We support small businesses, while enhancing climate action and innovation. We also focus on energy transition and urban sustainability. We create prosperity for all EU regions, so that they reach their full potential.

For smaller projects
(generally less than €25m)

For large projects
(exceeding €25m)

Get various types of advisory and technical assistance.

The EIB economic survey of investments in Latvia

The EIB, with the help of dozens of academics, practitioners and policymakers, surveyed 12,500 firms and 500 big cities across Europe to find out what is driving or holding back investment.

Discover the latest results