Patria and SIA Unitruck announce joint venture

27 February 2020

Finland’s Patria has announced a joint venture with SIA Unitruck in Latvia which will “provide maintenance, repair, overhaul, system integration services and logistical operations to the Latvian National Armed Forces,” according to a 27 February announcement on Patria’s website.

The new company - SIA Defense Partnership Latvia - is 70% owned by Patria with the remainder going to Unitruck. It is located in Cesis.

Estonia, Finland and Latvia established a joint partnership in December 2019 to develop a new armoured fighting vehicle, which is expected to produce a procurement plan by 2024. In relation to this, the Latvian Defence Minister Artis Pabriks and his Finnish counterpart, Antti Kaikkonen, signed a technical agreement in January 2020 to develop a new armoured vehicle system based on Patria’s 6×6 platform.

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