Care of Sweden

Care of Sweden is an innovative company in the medtech sector, devoted to the cause of eliminating pressure ulcers around the world. Product range covers mattresses, positioning pillows and seat cushions, used as an aid in the prevention as well as treatment of pressure ulcers. The turnover of the company in 2022 reached 21 million euros and it exports its products to about 35 countries of the world. The biggest export market is Australia.

In May 2023 Care of Sweden announced plans to start production in a newly established factory in Liepāja at the end of this year. The company has already established a subsidiary company in Latvia and has also signed a contract for the lease of 3,000 square meters in the business park of Liepāja's Old Port.

"The decision of the Swedish company Care of Sweden to build a production plant in Liepāja confirms that Latvia is attractive for investments. Currently, there is a trend that European companies are looking for opportunities to organize production and supply of raw materials closer to the end recipients of the goods. Many companies are leaving Asia and returning to Europe. This opens up opportunities for Latvia."

Origin country: Sweden
In Latvia since: 2023
Website:  www.careofsweden.com

 

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