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Ambitious export promotion event – Tech Industry Business and Innovation Forum – to take place at Ķīpsala

Tech Industry 2024 mechanical engineering, metalworking, automation, electronics and new technology trade fair, which will take place on 28-30 November, will offer a snapshot of world’s leading equipment and technology products, and also a prominent Business and  Innovation Forum. Trade fair will offer to zoom in on a record number of Latvian exporting companies that are looking to expand their market opportunities, take part in B2B matchmaking event for Latvian producers and international buyers, as well as attend insightful International Engineering Conference.

Tech Industry Business and Innovation Forum aims to promote international cooperation between industrial technology industries, explore industry development trends, facilitate direct cooperation between Latvian and foreign companies, and support global competitiveness of Latvian companies.

"In recent decades domestic mechanical engineering and metalworking sector has been developing by leaps and bounds. Currently the export volume generated by our companies exceeds €1.76 billion, with goods going to more than 100 various countries. Sector in general accounted for 23% of exports in the whole processing industry. As we can see, global demand for high technologies continues to grow rapidly. Both Tech Industry trade fair and Business and Innovation Forum are good for engineering sector companies – they can show what they’ve achieved and talk to international partners. That will grow our exports, bring in investment and expand our presence on global markets," Raivis Bremšmits, Director General of the Latvian Investment and Development Agency, underlines.

"Latvian manufacturers have accrued extensive experience on various export markets and become reliable partner to numerous countries. They are constantly expanding their international reach and exploring new international market opportunities, including through trade fairs taking place in other countries. But Tech Industry is the highlight of the year for the industry here in the Baltics. We are, of course, looking forward to Tech Industry becoming even more international – beside our companies going abroad to take part in international trade fairs, Tech Industry has great potential to attract more foreign partners, which would lead to new partnerships and additional exports," Toms Grīnfelds, CoB of Association of Mechanical Engineering and Metalworking Industries of Latvia (MASOC), underlines when asked about the significance of trade fair.

"Tech Industry is a unique opportunity to spend three days in Riga mingling with some of the 18 000 professionals from various industries and different regions of the world, and also meet almost all Latvian engineering sector players in one place. Trade fair will offer an insight into broad range of products and services from parts and various components to turnkey equipment and solutions," Kardijs Broks, Director of Tech Industry, underlines when talking about the profile of the trade show.

International Engineering Conference

Tech Industry 2024 Business and Innovation Forum will open on  28 November with the International Engineering Conference, during which mechanical engineering sector professionals from different countries will share their experience. Olivier Janin, Deputy Director General of ORGALIM (Belgium), will discuss European Union’s technology competitiveness promotion priorities for industrial growth. Alberto Carpinetti, Director of ACTION (Italy), Hanne Mikkonen, Economist at the Technology Industries of Finland, Darius Lasionis, Director of the Engineering and Technology Industries Association of Lithuania (LINPRA), Andri Haran, Executive Director of the Federation of Estonian Engineering Industry, and Ivars Eniņš, Chairman of the Council of MASOC, will discuss challenges and future perspectives of Baltic, Nordic and other mechanical engineering markets. The second part of the conference will focus on innovation success stories from Latvian competence centres for various industries. From automated solutions for wind farm maintenance to 3D printing technologies for aviation industries.

Detailed conference programme at: www.techindustry.lv/lv/events

Registration: www.techindustry.lv/en#reg-forum

B2B matchmaking

Matchmaking between Latvian manufacturers and international partners will take place on 29 November. During the event, manufacturers, producers, suppliers, potential clients and partners will meet and discuss cooperation opportunities. More than 50 Latvian manufacturing companies and several tens of companies from USA, Austria, Denmark, Italy, Finland, Spain, Ukraine, Germany, Morth Macedonia and Sweden have already confirmed their participation in B2B matchmaking event. Register for B2B matchmaking here: https://ej.uz/TechIndustry_B2B

Latvian national stand

Latvian national stand with will showcase a great variety of Latvian export products for new markets. 30 Latvian producers will bring their newest products to the fair. Good Steel, VRV Trading, Exigum, KNK Mefab, Zippy Vision, Jauda Energy Company, AB Metāls, Filtri, Laser Clean, Metal Print, Proring Latvia, Peruza, Prometal Group, Steel Profi, Valpro, Wemps, Latvijas Finieris, Ics Steel, Poliprodest, Sfm Latvia, Fonons, Tetralia, Printpack Service, Scandicast, LS Steel, Toget, Weld Pro, CNC Saan, Ercon and Allatherm will join the national stand.

Industry professionals who have registered in advance will be able to access Business and Innovation Forum and trade fair display for free. Registration: www.techindustry.lv/lv/forum

Tech Industry Business and Innovation Forum is organised by Latvian Investment and Development Agency,  Association of Mechanical Engineering and Metalworking Industries of Latvia (MASOC) and BT 1 International Expo Company.

State-of-the-art equipment and future technologies

For three days, from 28th to 30th of November, Ķīpsala International Expo Centre will become the meeting place for leading European and global equipment manufacturers who will showcase their state-of-the-art metalworking and industrial technologies, mechanical engineering and welding equipment, power tools, air flow and hydro technologies at the Tech Industry 2024. More than 270 companies from around 25 countries have already registered for the trade fair. Tech Industry 2024 will also offer national stands of Czech Republic, Finland and Ukraine. If you want to discover the newest products and innovations developed by manufacturers from these countries, be sure to visit their national stands. And the main focus of the Tech Industry 2024 will be the export products from Latvia to potential foreign markets.

On 28 November, at 13:00, Tech Industry 2024 will be opened by Viktors Valainis, Minister for Economy, Raivis Bremšmits, Director General of the Latvian Investment and Development Agency, Toms Grīnfelds, Chairman of the Board of the Association of Mechanical Engineering and Metalworking Industries of Latvia (MASOC), Viesturs Tīle, Chairman of the Board of BT 1 International Expo Company, and Kardijs Broks, Director of Tech Industry. More at: www.techindustry.lv 

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