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Finnish defense industry co Patria planning to invest in Estonia
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    Finnish defense industry co Patria planning to invest in Estonia

    TALLINN, Oct 10, BNS – The Finnish defense, security and aviation life cycle services contractor Patria has decided to start cooperation with the Estonian defense forces and to make an investment in Estonia.

    Patria said on Tuesday that it will inform in greater detail about its planned investment in the Estonian defense industry and present its plans concerning the provision of services to the Estonian national defense structures on Friday. Besides the company is planning to offer life cycle services in the Baltic countries in collaboration with the defense forces, Patria said.

    Patria is a provider of defense, security and aviation life cycle support services and technology solutions. Besides Finland, it has operations in Sweden, Norway, Estonia, Poland, the United Arab Emirates, the United States and South Africa. Patria employs a workforce of 2,800.

    Patria is owned by the state of Finland, which holds a stake of 50.1 percent, and Kongsberg Defense & Aerospace AS of Norway, which holds 49.9 percent.

    Tallinn newsroom, +372 610 8821, majandus@bns.ee

    Baltic News Service

    • Published: 10.10.2017 13:55
    • LETA, BNS
    •  
    • © The given news may not be republished in any way or amount, or otherwise used by the mass media or Internet websites, without written permission of LETA. If this provision is not observed, the matter will be taken to court pursuant to the laws and regulations of the Republic of Latvia.