EconomyPublished: 27 October 2026 at 14:10

Swedish firm Cemvision's cement plant project in Ventspils to receive up to €27.5 million from the EU

The Re-Ment project of Sweden's Cemvision, which plans a low-emission cement plant in Ventspils, has been selected for up to €27.5 million from the European Union's Innovation Fund. It is one of two Latvian projects chosen in the competition.

The Swedish company Cemvision plans to build a low-emission cement plant in Ventspils, Latvia. Its project, called Re-Ment, has been selected to receive funding of up to €27.5 million from the European Union's Innovation Fund.

The news was reported by the Investment and Development Agency of Latvia (LIAA). According to the agency, Re-Ment is one of two planned Latvian projects selected for funding in this competition.

The source gives no further details on the plant's capacity, construction timeline or total project cost.

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