Company New Fuels RSEZ SIA is located in the territory of Rēzekne Special Economic Zone and is the largest producer of wood pallets of industrial use in Europe. Our company successfully continues to grow and invest in production due to preferential conditions for conduct of business in Rēzekne SEZ.
My former experience of doing business in Latvia and other countries proves that there is both the necessity and opportunity to establish a large scale logistics park near the EU border with Russia. Rail connection is an essential part of such an operation and therefore Rēzekne was the best option.
When the decision to build a wood pellet plant in Latvia was made, the decision to locate that plant in Rēzekne City was made for a number of compelling reasons. Firstly, with Rēzekne being in a special economic zone, this provided good business incentives that will enhance our return on investment.