THEON is expanding in Baltic region with new collaborations and investment in manufacturing facility
Theon International Plc (THEON) is expanding its presence in the Baltic defense market with renewed collaborations in Estonia and a strategic investment in Latvia. The company will supply advanced night vision systems to the Estonian Defense Forces and invest in a Latvian subsidiary to establish a state-of-the-art manufacturing facility for critical components. The new facility aims to enhance production capabilities, strengthen the supply chain, and optimize responsiveness to market demands in the Baltic region and broader European market. These developments underscore THEON’s commitment to enhancing European defense resilience and autonomy.
Read more at GlobeNewswire: THEON accelerates strategic expansion in the Baltic Region