Epson to invest €6m in Riga with a new European Business Services centre

Japanese tech company Epson has announced a €6 million investment in Riga, Latvia, opening a new European Business Services (EBS) centre that will handle non-customer-facing shared services for Epson across Europe. The project is expected to create around 150 jobs, with the office planned to open next April (per city/government commentary).  To reinforce Epson’s commitment to local investment, Epson will be working with Riga based recruitment agency, Grafton, during the hiring process.
Rob Clark, Chief Operation Officer (COO) of Epson Europe, met with Latvian Prime Minister, Ms Evika Siliņa, during the decision-making process and the government’s strong support for businesses was also a key contributor to the final decision.
Evika Silina says, "After discussions with the management team of Epson, I was convinced that Latvia offers exactly what is important for such a global company, a stable and development-oriented business environment. Latvian talent, digital environment and attractive tax policy make us a strategically good choice. The company's decision to invest in Latvia is a benefit, not only for the capital city, but for the entire country. Such investments strengthen our economy, create quality jobs and help grow export-capable services. The more global companies choosing Latvia, the safer and more competitive our country's future becomes.”
Mayor of Riga, Mr Viesturs Kleinbergs adds, “The Global Business Services sector (GBS) in Riga is growing and gaining impressive momentum. World-class companies, such as Epson, are choosing Riga as an integral part of their European and global networks. The presence of such companies clearly demonstrates that Riga can offer professional talent, high-quality infrastructure and a stable, predictable environment for long-term growth.
“Epson, alongside other strong players, will continue contributing to the positive business environment in Riga by enabling the building of more office buildings and creation of a modern work culture - reaching the highest of international standards. This development creates new jobs, attracts highly qualified specialists and fosters an innovation ecosystem, making Riga an increasingly visible and significant point on the European GBS map. We will continue to work to strengthen this potential further and make Riga the first choice for global companies.”
Rob Clark says of the news, “Epson is committed to cementing a long-term presence in Riga, investing in the local economy and importantly, supporting talented people. Our new office is designed with collaboration, diversity, equality and progression at the centre, creating an environment where every team member can thrive.
“Although Epson is best known for pioneering sustainable print technology, Epson innovations extend far beyond. Our technology empowers immersive entertainment experiences like Cirque du Soleil, drives sustainability in the fashion industry and supports dynamic learning in modern classrooms. In manufacturing, our robotic solutions are paving the way, while our breakthroughs in sustainable materials include helping to develop a plant-based substitute for plastic used in packaging. You can even find Epson technology advancing research in space.