Latvian President opens HansaMatrix new production

Ventspils, 2017-02-23 11:57 CET (GLOBE NEWSWIRE) -- Latvian president Raimonds Vējonis participated in the ceremony of the opening of a new assembling line at HansaMatrix Ventspils plant.

Newly installed surface mount assembly line will provide additional assembling power of additional 60’000 assembled components per hour. This will increase Ventspils plant capacity one and a half times and will substantially increase existing team’s added value.

“HansaMatrix is an outstanding representative of the electronics industry in Latvia. The progress of the company serves as an excellent example for all of us. We are delighted about all companies which create more job opportunities in Latvia” President Raimonds Vējonis said at the opening ceremony.

“Ventspils manufacturing plant was opened ten years ago. Through all these years the Company has experienced substantial growth and the new already fifth assembly is yet another development step,” stresses CEO of a company Ilmars Osmanis.

“HansaMatrix Ventspils plant is among the most modern ones in Baltic and Nordic countries. It has installed most modern manufacturing technologies and has grown a young and highly competent technical team,” adds Ventspils plant general manager Aldis Cimoška.

“Cooperation with Ventspils Vocational school and Ventspils University College plays very important role in company development. Supporting attitude of Ventspils municipality and Free Port Authority has always been equally important as well,“ summarizes Ilmars Osmanis.

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial segments and other services to high added value business segments.

Investor and media contact:

Zanda Lapāne Assistant to the CEO Phone: (+371) 6780 0002 e-mail: invest@hansamatrix.com