Karsten Vandrup
Ltd. Latvisoft Member of the Board

Why did You choose VHTP Technology Park when You started Your activity in Ventspils?
We made strong consideration several possibilities and places in Russia, Ukraine, Lithuania and Latvia. When we had evaluated all the pros and cons, we had a clear understanding why to choose VHTP and Ventspils. Here we received a great introduction to the business situation in Latvia; we were introduced with people that can help to develop business.

A significant advantage is Ventspils University College with its ICT engineering programme that provides us with skilled and creative engineers.

What is the most vital support and involvement that Technology Park provides for the successful growth of Your company?
For new companies it is essentially important to maintain a positive cash flow. At the very beginning a key to survival and development is the positive cash flow and low regular expenses. The support provided by VHTP helped us to overcome the first critical step and successfully develop our company. VHTP is very flexible – just like the programming industry.

How do You see the future collaboration with VHTP and Technology Park?
We will stay in the VHTP Technology Park as long as the park will want us to. Currently, several our partners and subcontractors have also expressed a wish to be located in the VHTP Technology Park. That would ensure us a better collaboration and synergy with our partners, and would enable us to grow and to become even more successful.