More than LVL 100 mln invested in innovations in mechanical engineering and metalworking annually

If Latvian companies had not introduced new technologies, they would have been non-competitive on the global market already a long time ago; metalworking and mechanical engineering companies invest more than LVL 100 million in production development and new technologies every year, therefore it is wrong to say that there are few innovations in Latvia, Latvian Association of Mechanical Engineering and Metalworking Industries President Vilnis Rantins says in an interview with Nozare.lv, reports LETA.... Read more...