Japanese Tech Firm Epson Does Not See Doing Business in Latvia as Costly or Complicated

Japanese technology company Epson opened a European Business Services centre (EBS) in Latvia this year. The centre will support the company's business across Europe. In an interview published by the Latvian news portal TVNET on 10 November, the company explained how it views starting a business in Latvia.

Representatives of Latvian business sometimes point to various shortcomings: that the state is not friendly to investment, that doing business is expensive and that it is rather complicated. Epson's experience does not confirm this view, as the company does not consider starting a business in Latvia either costly or complex.

Security and stability

The interview stresses that the geopolitical situation is difficult in many parts of the world, and that this is a very important factor for internationally operating companies. Latvia is a member of both the European Union and NATO, the North Atlantic Treaty Organization. According to the interview, this provides a firm basis for security and stability.

Together with other factors, this is why the company assesses Latvia's business environment as stable.