Participation in the EIB21

For the 16th year in a row the Latvian Institute of International Affairs organised the Latvian Eksporta un inovācijas balva, i.e. the Export and Innovation prize ceremony, where Latvian entrepreneurs get recognised for their efforts in producing innovative and competitive products.

This year the competition was as fierce as ever with a record high number of participants - 133 businesses across six categories. Only 52 got selected to continue into the finale and the Silk Plaster team was very honored to be one of these inspiring nominees.



Here's what the Minister of Economy of Latvia had to say about this years candidates -
Determination, growth and perseverance - this is how we can describe all the winners of this year's Export and Innovation Award, as well as all our exporting and innovative companies that despite the severe restrictions in our export partner countries, have helped our economy boost its performance as GDP has grown by 5.2% in the first three quarters of this year, while exports of goods and services have grown at an even faster annual rate of 6.4%. This once again demonstrates the high competitiveness, flexibility and adaptability of our exporters to changing circumstances.

 

This is a truly inspiring event, where year after year even more creative and hard working people from Latvia come together and show how much they've grown and where they're headed. Thank you judges for seeing our potential as one of the top exporters from Latvia! Each acknowledgement motivates us to grow bigger and better in what we have to offer.