Prometal Group

What Prometal Group does

Prometal Group SIA is a Latvian privately held contract metalworking and machinery manufacturing company headquartered in Ogre (Vidzemes iela 5A), founded in 1997. Originally established as 'Zaģu Sevrviss' for woodworking tool maintenance, the company pivoted between 2001 and 2010, investing heavily in metalworking equipment and rebranding to Prometal Group. It specializes in the production of steel structures from sheet (1–20mm) and profile materials, serving construction, mechanical engineering, woodworking, and food industry customers across the Baltics and broader Europe.

The company's core services span the full manufacturing cycle, including engineering design (Solidworks/Solid Edge), laser cutting (TRUMPF TRUMATIC 4050, 4000W), tube laser cutting (TRUMPF TUBEMATIC), waterjet cutting (FLOW IFB2, 3800 bar), CNC bending (AMADA HFE 220-4, 240t), CNC turning (DAEWOO LYNX 220), MIG/MAG and TIG welding, and robotic welding (OTC). Production is orchestrated through Monitor ERP. The company holds ISO 9001:2015, ISO 1090-1:2009+A1:2011, ISO 14001:2015, and ISO 9609-1 135 certifications, qualifying it for structural-steel and EU industrial customers.

Commercially, Prometal Group operates a sales-led B2B model with individual project-based pricing and dedicated account managers (Olga Kuzmina, Inga Būmane, Gita Dubrova). It serves approximately 250 customers per year, generates €2.5 million in annual turnover, and employs 50 people. Customers are acquired through direct outreach, a multilingual website, and trade fair participation (Techindustry Riga; Latvian State President delegation visits). The company is supported by LIAA's International Competitiveness Promotion program and participates in the CFLA-funded Mašīnbūves klasteris (Machine Building Cluster) project through 30.06.2026.

Name

Prometal Group

Legal name

PROMETAL GROUP SIA

Website

https://prometalgroup.lv

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Prometal Group SIA is a Latvian contract metalworking manufacturer founded in 1997, producing steel structures and precision components from sheet and profile materials for construction, mechanical engineering, woodworking, and food industry customers across the Baltics.

Ownership category

akta.pro rank

Product category

Contract Metalworking and Steel Fabrication

NAICS

Machine Shops (332710), Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing (3327)

SIC

Sheet Metal Work (3444), Metalworkg Machinery & Equipment (3540)

akta.pro primary industry

Sheet Metal Machinery (Laser/Plasma/Waterjet Cutting, Punching) (IMAHADAD)

akta.pro secondary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

Keywords

• Contract metalworking services
• Laser cutting services
• CNC machining services
• Steel structure manufacturing
• Robotic welding services

Headquarters

HQ city

Ogre

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Contract Manufacturing Services: Full-cycle metalworking and machinery manufacturing services provided on contract basis. Services include engineering, laser cutting, tube laser cutting, waterjet cutting, CNC bending, CNC machining, welding, robot welding, assembly, and delivery. Revenue generated from project-based contracts serving construction, mechanical engineering, woodworking, and food industry sectors.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Prometal Group provides full-cycle contract metalworking and machinery manufacturing services, specializing in steel structures from sheet (1-20mm) and profile materials. Services span engineering/design, laser cutting (sheet and tube), waterjet cutting, CNC bending, CNC mechanical processing, MIG/MAG and TIG welding, robot welding, assembly, and delivery, serving construction, mechanical engineering, woodworking, and food industry customers. Production is supported by modern equipment including TRUMPF, FLOW, AMADA, OTC, and DAEWOO machines, ISO-certified quality management, and a Monitor ERP production planning system.

Product overview

Prometal Group is a metalworking services provider offering a comprehensive portfolio of precision manufacturing services. The core offerings include laser cutting (sheet and tube), waterjet cutting, CNC bending, CNC mechanical processing, welding (MIG/MAG and TIG), and robot welding services. These metalworking services are complemented by engineering/design and contract manufacturing capabilities, providing customers with a full production cycle from product design through to assembly and delivery. The company specializes in steel structures from sheet (1-20mm) and profile materials, serving industries including construction, mechanical engineering, woodworking, and food industry.

Differentiator

Problem solved

Functional benefit

Products and services

• Laser Cutting CNC laser cutting of sheet materials using a TRUMPF TRUMATIC 4050 with 4000W resonator and 4000x2000mm work table; cuts steel up to 25mm, stainless steel up to 12mm, and aluminium up to 10mm. Targeted at industrial buyers needing precision sheet cutting for serial production.
• Tube Laser Cutting TRUMPF TUBEMATIC tube laser cutting service for pipes and profiles; cuts at any angle, creates mounting/welding joints, and cuts openings of various geometry. Processes tubes up to 2200mm long, 20-150mm diameter, with wall thicknesses of 0.7-5mm (steel), 0.7-4mm (stainless steel), 0.7-3mm (aluminium).
• Waterjet Cutting Hydro-abrasive waterjet cutting using a FLOW IFB2 machine at 3800 bar pressure; cuts practically any material up to 150mm thick without heat-affected zones. Maximum part dimensions 1950x3450mm, sheet material up to 2000x4000mm. Suitable for heat-sensitive and difficult-to-cut materials.
• CNC Bending CNC metal bending on an AMADA HFE 220-4 machine with up to 4000mm bending length, 240t power, and 12mm maximum thickness. Replaces welded connections with bent parts to deliver high-precision results without post-treatment requirements.
• CNC Mechanical Processing Full range of CNC machining including turning, CNC turning, milling, drilling, and sawing on a DAEWOO LYNX 220 lathe (max 250mm diameter, 510mm length, 6000 RPM). Provides higher precision and repeatability for medium and large production batches.
• Robot Welding Automated robotic MIG/MAG welding using OTC welding robots for parts up to 300kg and 2000x1000mm. Delivers consistent weld quality, faster cycle times, lower cost per part, and enhanced accuracy compared with manual welding.
• MIG/MAG and TIG Welding Manual welding services including MIG/MAG welding (for non-alloy steel, alloy steel, and hard metals such as Hardox and Weldox, valued for high productivity) and TIG welding (suitable for all weldable metals, primarily thin materials, providing high-quality welds with minimal flux and slag). Welders are certified to ISO 9609-1 135.
• Engineering and Design Services Product and equipment design services for steel structures based on customer sketches, including adaptation of ready-made projects to production processes. Performed in Solidworks or Solid Edge design software as a starting point for the manufacturing cycle.
• Contract Manufacturing Services Long-term contract manufacturing partnership combining the full metalworking service portfolio (engineering, laser cutting, tube laser cutting, waterjet cutting, CNC bending, CNC machining, manual and robot welding, assembly, and delivery) into a single integrated production cycle for industrial customers in construction, mechanical engineering, woodworking, and food industry segments.

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• Atveseļošanas fonds / CFLA (Recovery and Resilience Facility / CFLA)coreStrategic or Co-development Partner · 28 February 2025Prometal Group SIA participates in Recovery Fund project No. 5.1.1.2.i.0/3/24/A/CFLA/004 "Mašīnbūves klasteris" (Machine Building Cluster). Project aims to implement coordinated and targeted activities to strengthen international competitiveness, export capacity, and innovative capacity of cooperation network participants, contributing to RIS3 area "Photonics and Smart Materials, Technologies and Engineering Systems" development. Project implementation term until 30.06.2026.
• LIAA (Latvijas Investīciju un attīstības aģentūra / Latvian Investment and Development Agency)coreGTM or Marketing Partner · 2 May 2023Prometal Group signed contract No. SKV-L-2023/260 with LIAA for receiving support under the "International Competitiveness Promotion" measure, co-financed by the European Regional Development Fund. The company also participated in the Latvian State President Egils Levits' official visit to Portugal (April 11-14, 2023), including participation in the Business Forum where main cooperation sectors were outlined, including metalworking.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Stalatube: Stalatube is a Finnish manufacturer of structural steel tubes and profiles serving construction and infrastructure customers across the Nordics and Baltics. It is a regional peer operating in the same structural steel value chain and competing for overlapping construction and infrastructure customers in the Baltic Sea region.

Broad incumbents

• voestalpine: voestalpine is an Austria-listed steel and metal processing group whose Metal Forming division supplies precision strip steel, tube solutions, and contract metal components to industrial customers. While orders of magnitude larger than Prometal, it overlaps in the contract manufacturing of metal components for construction, machinery, and industrial end markets.
• SSAB: SSAB is a Nordic-listed steel manufacturer with a services and processing arm that cuts, shapes, and pre-fabricates steel plate for construction and heavy machinery customers. It overlaps with Prometal in the Nordic/Baltic regional market for processed steel components, though at vastly larger scale and with primary focus on steel production.
• Trumpf: Trumpf is a German family-owned manufacturer of laser cutting, bending, and welding machines (the same TRUMPF equipment Prometal operates) and also runs an in-house laser and sheet metal processing services division. While much larger and equipment-focused, Trumpf competes for industrial laser cutting work that overlaps with Prometal's addressable market.
• Bystronic: Bystronic is a Swiss-listed manufacturer of laser cutting and bending machines (again, the same category of equipment Prometal uses) with an automation and services arm. It competes with Prometal at the high end of sheet metal processing services and is a key upstream supplier to the same contract metalworking ecosystem.

Direct peers

• Aalberts Industries: Aalberts is a Netherlands-listed industrial services group providing metal processing, surface treatment, and precision component manufacturing to industrial customers. Its 'Specialized Industrial Services' and 'Material Technology' segments share Prometal's model of selling contract metalworking capacity to OEM customers.
• Bodycote: Bodycote is a UK-listed provider of heat treatment, metal joining, and surface treatment services for industrial customers across aerospace, automotive, and general industrial end markets. Like Prometal, Bodycote sells outsourced metal processing capacity to industrial OEMs and component makers rather than making finished products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PrometalGroup
• LinkedInlinkedin.com/company/prometal-group

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prometal Group