VUGD Competitors

The foundation “Riga Technical University Development Fund” was established on 15 April 2002 and the statutory aim of the fund is to carry out activities aimed at providing public goods, attract donations and grants from organizations, legal entities and individualsin order to help tertiarytechnical education establishments, first of all, RTU, become modern centres of education, science and culture in Latvia. The main tasks of the Fund are: to promote the development of tertiary education in Latvia that meets social and market needs; to promote the advancement of the level of education and training of new specialists; to support the implementation of tertiary education institution development programmes not only for obtaining education, but also for conducting scientific research; to award scholarships and allowances to students for studies, scientific work as well as for improvement of professional skills of the academic staff and employees. The Fund is not a structural unit of RTU, but rather an independent organization – a legal entity, and it holds all the rights of a legal entity and liability according to the legislation of the Republic of Latvia and its statutes. The Fund statutes were registered at the Register of Enterprises on 26 April 2002 and reregistered on 1 March 2005. The Fund welcomes enterprises and individuals for cooperation to promote the development of education with joint efforts.

"Latvijas dzelzceļš" is a state joint-stock company whose main task is to provide a competitive and efficient railway infrastructure in current economy. Employing more than 7 000 people, "Latvijas dzelzceļš"and its subsidiaries work on developing new solutions for transportation, logistics and technologies, and in cooperation with partners makes Latvia a regional logistics centre of excellence. “Latvijas dzelzceļš” ir valsts kapitālsabiedrība, kuras uzdevums ir nodrošināt konkurētspējīgu un efektīvu dzelzceļa infrastruktūru tautsaimniecības vajadzībām. Kopā ar meitas uzņēmumiem nodarbinot vairāk nekā 7 000 cilvēku, “Latvijas dzelzceļš” attīsta jaunus transporta, loģistikas un tehnoloģiskos risinājumus un sadarbībā ar partneriem veido Latviju par reģiona loģistikas izcilības centru.

Latvian Chamber of Commerce and Industry (LCCI) is a non-governmental, voluntary organisation uniting Latvian companies of different sectors. The aim of the organisation is to create favourable business environment, represent economic interests of Latvia's enterprises and offer business promotion services. LCCI represents business interests through a dialogue with national and local governments and participates in the drafting of commercial legislation in Latvia.