Type
Business expansion
Country
Latvia
Region
Latvija; Latvija; Latgale
Location of affected unit(s)
Jekabpils municipality
Sector
Manufacturing
(24 - 25) Manufacture of metals
25.3 - Manufacture of weapons and ammunition
25.30 - Manufacture of weapons and ammunition

200 jobs
Number of planned job creations
Job creation
Announcement Date
26 August 2026
Employment effect (start)
1 July 2027
Foreseen end date
31 December 2027

Description

Wolfram Europa, an Estonian defence-technology company, plans to invest up to €200 million in a new explosives and warhead-production complex in Jēkabpils Municipality, Latvia. The project is expected to create approximately 200 highly skilled jobs, strengthen Latvia’s defence-industrial capacity and improve the security of regional supply chains.

The facility will be developed in three phases on an approximately 40-hectare site south of Jēkabpils, although its precise location has not been disclosed for security reasons. Initial investment is estimated at around €50 million, with first-stage production expected to begin in the second half of 2027. Once fully operational, the vertically integrated complex will manufacture RDX, HMX and PBX explosives and assemble products such as warheads and anti-tank mines.


Citation

Eurofound (2026), Wolfram Europa, Business expansion in Latvia, factsheet number 300928, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300928.