In 2025, the Supervisory Board of the Rēzekne Special Economic Zone (SEZ) approved support for a total of 12 company projects across two competition rounds, aimed at strengthening business competitiveness and sustainability. The projects include employee training, acquisition of technological equipment, and process modernization to improve efficiency, quality, and overall business development.
The total planned funding for these projects amounts to EUR 379,831.71, of which the Business Support Fund (KAF) provides co-financing of EUR 92,550.57.
In the first round, which concluded in July 2025, five projects were approved with total funding of EUR 106,371.71, of which KAF co-financing amounted to EUR 52,393.37. These projects focus on reducing electricity consumption, modernizing rope production processes, acquiring production assets to strengthen competitiveness, improving workplace ergonomics, and developing brand visual identity. Project implementation will continue until April 30, 2026.
In the second round, which concluded in November, seven projects received support with total funding of EUR 273,460, of which KAF co-financing is EUR 40,157.20. In this stage, companies plan to acquire modern production and processing equipment, including automatic cable processing machines, forced convection drying cabinets, concrete mixing equipment, as well as computer hardware for mobile application development and laboratory data processing. Sewing processes will also be modernized, and training courses on the transportation of dangerous goods will be implemented. These projects will continue until November 30, 2026.
The Rēzekne SEZ Business Support Fund was established based on the Rezekne SEZ Law, with the aim of promoting business activity and infrastructure development within the SEZ territory. Each year, the SEZ administration organizes project competitions, providing additional support to entrepreneurs.
SEZ CEO M. Meirāne emphasizes: “Although the funding available through these projects is not large, it can become a significant step in a company’s development. The additional support provided by Rēzekne SEZ helps businesses not only modernize and automate production processes but also invest in employee training, which is a crucial prerequisite for sustainable growth and strengthening competitiveness both locally and internationally.”
Prepared by: Daiga Utāne
Communication and Public Relations Specialist Rēzekne SEZ Authority
(+371) 2863 3550
pr@rsez.lv
www.rsez.lv