By Daspina Hasanova
Copyright trend
BAKU, Azerbaijan, September 26. Latvia and
Germany discussed strengthening cooperation in energy,
digitalization, and defense technologies projects at the
Latvia–Germany Business Day, Trend reports.
The meeting brought together more than 250 companies, academic
institutions, and government officials from both countries.
The forum was organized within the framework of Latvia’s
largest-ever business delegation to Germany, which included over
180 entrepreneurs from diverse industries.
In their opening remarks, Latvian Prime Minister Evika Siliņa
and Mecklenburg–Western Pomerania’s Minister President Manuela
Schwesig highlighted the strategic partnership between Latvia and
Germany and their shared commitment to strengthening regional
resilience through investments in energy, digitalization, and
innovation.
Latvia’s Minister of Economics, Viktors Valainis, underscored
the scale of the mission, noting that Latvian representatives had
met with more than 430 companies in Germany. He pointed to concrete
results, including cooperation agreements in the energy and digital
sectors and a historic memorandum with Rheinmetall to establish a
production facility in Latvia. Valainis emphasized that projects
worth more than 1.2 billion euros have already been initiated
during this visit, calling it an investment in Latvia’s future,
regional security, and Europe’s growth.
The forum featured three parallel sessions focused on the green
transition in the Baltic Sea region, digitalization, and dual-use
technologies such as drones and defense-related innovations.
Companies including Latvenergo, Laflora Energy, RTU, Tet, Tilde,
and MilTech Latvia showcased their projects and explored
collaboration opportunities with German partners.
Latvian Investment and Development Agency (LIAA) Director Ieva
Jāgere stressed the growing interest of German companies in new
partnerships, including public–private cooperation in large-scale
infrastructure projects such as airports, ports, and urban
development.
Examples of Latvian–German cooperation were highlighted, such as
collaboration between the ports of Riga and Hamburg on digital
innovations, joint projects between Riga Technical University and
HafenCity University in sustainable urban development, and Aerones’
plans to consider Hamburg as its Central European base.
Partnerships between Laflora Energy and Nordex Energy in wind power
development and Nordic Homes’ modular housing project in Hamburg
were also presented.
The trade mission was organized by Latvia’s Ministry of
Economics and LIAA, in cooperation with the State Chancellery and
the Embassy of Latvia in Germany.
