ESP EUROPEAN STEEL PRODUCTION SIA

Rūpnīcu Street 4, Olaine, Olaines District, LV-2114, Latvia

Reg.#: LV40103266905

Rietumu Banka

SWIFT: RTMBLV2X

Bank account: LV41 RTMB 0000602801868

History

ESP European Steel Production was established in Latvia in 2010.

We manufacture metal components for the aerospace, heavy and automotive industries, civil engineering, transportation and defense sectors.

Our technologies makes it possible to provide full cycle production, from raw material preparation to surface finishing and packaging - including cutting and bending, assembly, welding, machining and painting. Our finished products are ready for further assembly and installation.

All products are manufactured at our plant in Latvia and have European quality certificates.

  • 2010

    The Beginning

    Registration of the company in Latvia, first products manufactured.

    Launch of cooperation with major customers from Norway.

    • 2010-1
    • 2010-2
  • 2011-2014

    Growth in Production, Key Customers

    Gradual increase in production volumes and turnover.

    Regular cooperation with major customers:

    • Doosan Infracore (Norway)
    • Øveraasen AS (Norway)
    • Heimdal Skonto (Latvia)
  • 2014

    New Equipment

    New equipment put into operation: a laser cutting machine and a 400-ton hydraulic press brake.

  • 2015-2017

    Innovations and New Customers

    Electrostatic painting equipment put into operation.

    Launch of cooperation with new customers:

    • Aerodium Ltd (Latvia)
    • MDT Group (Latvia, Germany)
  • 2017

    Growth in Production Volumes

    Start of operation of CNC machining center HAAS VF-4 opens up new metal processing opportunities.

    Start of serial production of snowplow parts for Øveraasen AS.

  • 2018

    Record Annual Turnover

    The company’s turnover amounts to close to EUR 6 million.

    122 different structural parts for snowplows produced.

  • 2019

    Expansion of Manufacturing

    Horizontal machining center FERMAT WFC-10 is put into operation, increasing technological capabilities of ESP.

    Start of deliveries of hydraulic tanks and auxiliary components to Brunvoll AS (Norway).

    Serial production and supply of components for a new generation of articulated dump trucks for Doosan Infracore (Norway).

  • 2020-2022

    Operations During the Pandemic

    Ensuring regular product shipments to all customers during the COVID-19 pandemic.

    Supply of various components for airfield snowplows to Øveraasen AS (Norway).

  • 2022

    Modernization Continues

    Start of operation of a CNC lathe and a robotic welding cell.

    The company’s turnover hits EUR 7 million.

  • 2023-2024

    New Capacities

    Production volumes continue growth.

    New equipment put into operation:

    • Second vertical machining center HAAS VF-6
    • Large-size lathe (ø800 x 5000 mm)
    • The third painting chamber

    The company’s turnover exceeds EUR 8 million.