Patria Launches Innovative Vehicle Component Production in Latvia
Patria and SIA EMJ Metāls have established a pact for automotive components production in Latvia. This contract is linked to the research and development (R&D) agreement for a joint armoured vehicle system, which was signed in October by Finland, Latvia, and Patria.
“This represents a seamless progression of the R&D agreement, integrating local industries in the initiative. Collaborating with domestic entities aligns with Patria’s operational philosophy that is advantageous for all stakeholders involved. We are currently developing a cohesive supply chain utilizing both established partners in Finland and emerging participants in Latvia that will bolster our efforts across all projects,” affirms Jussi Järvinen, President of the Land business unit at Patria.
EMJ Metāls SIA, a Latvian-owned firm specializing in metal sheet fabrication, has been active since 2010 and ranks as the largest enterprise of its type in the Baltics. Its consolidated revenue in 2019 reached 15 million euros, with exports accounting for 38%. At present, the company employs 90 individuals. Over the past five years, EMJ Metāls has channeled more than 4 million euros into machinery and technology advancements.
Patria stands as a global supplier of defense, safety, and aviation life cycle support services, as well as pilot training and technological innovations. Patria delivers its aerospace and military clients with equipment readiness, ongoing performance enhancement, in addition to select intelligence, surveillance, and management system products and services. In 2019, net sales amounted to EUR 507.5 million, and Patria employs a workforce of 3,000 experts.
Patria is partially owned by the State of Finland (50.1%) and Norwegian Kongsberg Defence & Aerospace AS (49.9%). Patria holds a 50% stake in the Norwegian company Nammo, and together these three firms constitute a premier Nordic defense alliance.
