The largest 3D printing technology centre for manufacturing plastic products in small numbers has been opened in Baltic3D.eu Centre. This new factory was opened as part of LIAA’s administrated Norwegian Financial Mechanism project.
Including Citadele Bank’s provided loan, the company has invested more than EUR 500,000 in the new factory. EUR 173,523.60 came from the Norwegian Financial Mechanism project.
This 3D printing centre has nine brand new industrial 3D printers. Seven of those printers were supplied by the world’s largest 3D printer manufacturer Statasys, as reported by the company.
Janis Jatnieks, manager of Baltic3D.eu, says: «We offer manufacture of high-precision prototypes, small-scale production of end products and provide assistance to companies in terms of production optimization. 3D printing technology helps reduce costs for our clients in comparison with traditional manufacturing methods. It also helps save time and money when creating new products,» – he said.
Products manufactured at the industrial factory are especially good for companies working in the field of electronics, automobiles, food and medicine.
70% of companies that are engaged in production of any kind around the world already use some form of 3D printing technology. Opening of the new centre provides a great opportunity for local companies to receive high-quality services in Latvia on the spot. This is because the company is able to supply more parts in half the time it takes competing companies from abroad. In addition, the company has established a wide technological park specifically to be able to compete on an international scale. The company currently provides services across Baltic States, Belarus, Poland and Scandinavian countries, as noted in the company.
Baltic3D.eu began working with 3D printing technologies in 2013. Since then the company has provided services to more than 230 clients in Latvia and other European countries. In response to demand, the company has now begun development of industrial designs and high-quality 3D modelling services.