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Centre Composite received an acknowledgement in the “Export and Innovation Award 2015” competition

Centre Composite, which is one of the Latvian LNK Group holding company enterprises, received an acknowledgement in the “Export and Innovation Award 2015” competition in the nomination for “Import Substitute Product”.

The Investment and Development Agency of Latvia in cooperation with the Ministry of Economics organize the “Export and Innovation Award” competition eleventh year in a row. The main goal of the competition is to show appreciation and honour Latvian merchants who reached excellent results in manufacture of new and export-oriented products.

Centre Composite enterprise, which was positively evaluated in the nomination for “Import Substitute Product”, is one of those Latvian enterprises that provide a local market with high-quality domestic products and introduce innovations. Enterprise’s main activity is development of mathematical models for key structures in aviation equipment, nuclear engineering and other industries to determine their strength properties by computational methods.

This year, 105 enterprises applied for the “Export and Innovation Award” competition; however, only 32 reached the final.