Patria to start vehicles’ parts manufacturing in Latvia
President of Patria’s Land Business Unit Mr. Jussi Järvinen and Chairman of the Board of SIA EMJ Metāls Mr. Ēriks Altroks.
Patria and SIA EMJ Metāls have signed an agreement for vehicle parts manufacturing in Latvia. The agreement is related to the research and development (R&D) agreement for a common armoured vehicle system signed in October by Finland, Latvia and Patria.
“This is a natural continuum of the R&D agreement, involving local industry in the project. Cooperation with local actors is part of Patria's way of operation that is beneficia for all parties. We are now building a unified supply chain from both existing players in Finland and new ones in Latvia that will support our activities in all of our projects,” says Jussi Järvinen, President of Land business unit at Patria.
EMJ Metāls SIA, a Latvian owned company specialized in sheet metal processing, has been operating since 2010 and it is the largest company of its kind in the Baltics. Its consolidated turnover in 2019 was 15 million euros, of which exports 38%. Today, the company employs 90 people. Over the past five years EMJ Metāls has invested more than 4 million euros in equipment and technologies.
Further information:
Jussi Järvinen, President, Land Business Unit, Patria, tel. +358 40 869 6625, [email protected]
Patria is an international provider of defence, security and aviation life cycle support services, pilot training and technology solutions. Patria provides its aerospace and military customers with equipment availability, continuous performance development as well as selected intelligence, surveillance and management system products and services. Patria’s mission is to give its customers confidence in all conditions, and the vision is to be the #1 partner for critical operations. Patria has several locations including Finland, Sweden, Norway, Belgium, Estonia and Spain. Net sales totaled EUR 507.5 million in 2019, and Patria employs 3,000 professionals. Patria is owned by the State of Finland (50.1%) and Norwegian Kongsberg Defence & Aerospace AS (49.9%). Patria owns 50% of Norwegian Nammo, and together these three companies form a leading Nordic defence partnership.
