EcoLead expands the export market in Israel in cooperation with LIAA

SIA EcoLead, the only end-of-life lead-acid battery recycling plant in Latvia, has successfully concluded a visit to Israel in collaboration with the Investment and Development Agency of Latvia (LIAA) and its trade representative Irina Rubinčika. During the visit, new contracts were signed, and new partnerships were established. We also extend our gratitude to H.E. Aivars Groza, the Ambassador of Latvia to Israel, for his support.

Israel represents a new market with significant potential, and EcoLead sees valuable opportunities to expand exports and develop higher value-added production.

"We believe in mutually beneficial partnerships that open new markets and drive innovation. High-quality recycled raw materials from Latvia have the potential to make a significant impact on markets worldwide," says Irina Rubinchik, Head of the Technology and Innovation Representation of the Investment and Development Agency of Latvia in Israel.

"EcoLead is committed to sustainable growth, and Israel presents a great opportunity to expand our export potential, complementing our existing export markets in the European Union," emphasizes Kaspars Fogelmanis, CEO of EcoLead.

About EcoLead

The only lead-acid battery recycling plant in Latvia, EcoLead, started operations in April 2023. Currently, the plant employs 43 workers, 40% of whom are residents of Kalnciems. EcoLead ensures a complete battery recycling cycle by processing all used lead-acid batteries in Latvia. The company's vision is to become the leading lead-acid battery recycling plant in the Baltic Sea region.