Among the founders of the association are large companies

The initial founders of the association are the companies SIA “I.T.Soil”, SIA “Sanekss Metāls”, SIA “eVAN GROUP”, SIA “Metalekspo” and SIA “LLR-ECOTECH”.

It is typical for companies in these niches to create new products with high added value in processing, which are most often a component of some other final product, such as phones, microchips, computers, satellites, etc. For Latvia, on the other hand, it is an opportunity to be part of a global production process.

The association points to the great potential of this industry – currently the investment of new projects invested and planned by the members of the association in the Latvian economy amounts to around 50 million euros, which could grow up to 100 million euros and even more in the next ten years.