Partly owned by the German Jürgen Preiss-Daimler enterprise and its glass fiber company P-D Glasseiden GmbH Oschatz, Valmiera Glass Group (Valmieras stikla šķiedra) is one of the leading European manufacturers of glass fiber-based products. Headquartered in Valmiera, Latvia, the Valmiera Glass Group also has companies in the United Kingdom and in the United States of America. With more than 80 years of experience in glass fiber production, the Group services industrial markets, including composites, thermal and technical insulation and construction industries. Valmiera Glass Group is Germany’s largest investment in Latvia. The Group employs about 900 people at its headquartes in Valmiera. The German investors chose the Baltic country mainly for its excellent offer in technology, cost and workforce, and they entrusted the local management to implement their business strategy.

Of his life in Latvia Andre Heinz Schwiontek, Vice President of Valmiera Glass Group, says, “I pay my taxes here and my kids are growing up in this country. I am really feeling at home.”