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MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia

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Namestring
MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia
Legal namestring
Mašīnbūves un Metālapstrādes Rūpniecības asociācija
Websiteurl
masoc.lv
Company typeenum
Private
Founded yearint
1994
Descriptiontext

MASOC (Mašīnbūves un Metālapstrādes Rūpniecības asociācija) is a Latvian nonprofit industry association (biedrība, reg. No. 40008017857) founded in 1994 and headquartered at Brīvības gatve 223, Riga. It represents the interests of Latvia's mechanical engineering and metalworking companies, operating with a lean staff of 9 employees. The association's core offerings include a searchable member database, a virtual cluster collaboration platform, testing services, a career guidance portal, a vocational schools directory, and a job/cooperation board. It also organizes and participates in international trade exhibitions (Alihankinta in Finland, EUROBLECH in Germany, Danish Industry Days) and exports-focused forums to support member market access.

MASOC's distinguishing program is the Tehnobuss, a mobile demonstration laboratory built on an 18-meter bus equipped with CNC milling tables, welding trial stands, Festo automation units, pneumatics experiment stands, 3D printers, gear/dynamo stands, and multimedia systems. Launched in 2015 in cooperation with Nordmetall (Northern Germany), the Tehnobuss has visited 368 schools and reached 39,300 young people with engineering and metalworking career information. The association additionally operates an ESF+ funded training project (No. 4.2.4.1/1/24/A/009, €1,583,508 total eligible costs, November 2024 to December 2029) targeting skills development for at least 642 employees from 36 companies in the sector.

The business model is a hybrid of recurring membership fees from Latvian mechanical engineering and metalworking companies and managed EU project funding (ESF+ and state budget). The association maintains strategic partnerships with Orgalim for EU-level representation, the Latvian Chamber of Commerce and Industry, the Latvian Employers' Confederation, and Nordmetall. An affiliated entity, SIA MASOC KC, conducts industry research. There is no equity ownership, traditional revenue mechanics, or commercial pricing; the organization is funded through member subscriptions and project grants, and is governed by a Board (Padome) and Management Board (Valde).

Short descriptiontext

MASOC is a Latvian nonprofit industry association founded in 1994 that represents mechanical engineering and metalworking companies. It delivers member services including a database, virtual cluster platform, training programs, the Tehnobuss mobile demo lab for youth outreach, and EU-funded skills development projects.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersRiga, Latvia
HQ citystring
Riga
HQ countrystring
Latvia
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industry association services, mechanical engineering cluster, metalworking industry representation, vocational training programs, manufacturing member networking
Industry1 code
PRIMARYEDABAKAK
Production & Manufacturing Operations (TPM, OEE, SMED)
Education/Corporate Training & Professional Development/Operations, Quality & Lean/Six Sigma Training
NAICS code2 codes
  • Business Associations813910
  • Technical and Trade Schools6115
SIC code1 code
  • Services-Membership Organizations8600
Product category
Industry Association Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Member fees
TypeSubscription Recurring
Description

Association membership fees from mechanical engineering and metalworking companies in Latvia

masoc.lv
2ESF+ Project funding
TypeManaged Services
Description

European Social Fund+ project funding for industry training programs - Project 'Machine Building and Metalworking Industry Employees Skills Development and Training Project' Nr. 4.2.4.1/1/24/A/009 with total eligible costs of 1,583,508 EUR (ESF+ funding 798,941 EUR and state budget funding 140,989 EUR)

masoc.lv
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Others, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

MASOC is a Latvian nonprofit industry association that, since 1994, has represented mechanical engineering and metalworking companies through collective industry advocacy, a virtual cluster collaboration platform, EU-funded employee training programs, exhibition/trade mission participation, and member services including a searchable company database, testing services, and a Tehnobuss mobile demonstration laboratory used for school outreach to attract youth into the sector.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Since 2015, the Technobus has visited 368 schools and reached 39.3 thousand young people with information about engineering careers
+1 more record
Product overview1 text field

MASOC is an industry association representing mechanical engineering and metalworking industries in Latvia since 1994. The organization offers a unified membership program that includes access to a searchable member database, virtual cluster collaboration platform, testing services, career guidance resources, industry educational institutions directory, and events/exhibitions participation. The association also operates the "Tehnobuss" mobile demo laboratory for youth outreach and administers ESF+ funded training projects for employee professional development (2024-2029). These services collectively support member competitiveness and foster industry development in Latvia.

Product and service10 records
1MASOC Membership Services
CategoryIndustry Association Membership
Description

Membership program for Latvian mechanical engineering and metalworking companies, providing collective industry representation, joint project implementation, access to the virtual cluster platform, member database, testing services, training programs, exhibition participation, and policy advocacy since 1994.

2Member Company Database (Biedru datubāze)
CategoryMember Directory Service
Description

Searchable online database of Latvian member companies in the mechanical engineering and metalworking industries, with detailed company profiles, contact information, products, and services for B2B networking and collaboration.

3Virtual Cluster Collaboration Platform (Klastera virtuālā platforma)
CategoryCluster Collaboration Platform
Description

Virtual collaboration platform connecting cluster members of the Machine Building and Metalworking Cluster for joint projects, knowledge sharing, and industry coordination.

4Testing Services (Testēšanas pakalpojumi)
CategoryTesting and Quality Services
Description

Testing services provided to member companies in the mechanical engineering and metalworking sector through cluster facilities.

5ESF+ Training Project for Mechanical Engineering and Metalworking Employees
CategoryIndustry Training Program
Description

European Social Fund+ funded skills development and training program for employed and self-employed persons aged 18+ in the Latvian mechanical engineering and metalworking industry, targeting at least 642 employees across 36 companies with tiered support intensity (70% for micro/small, 60% for medium, 50% for large enterprises).

6Tehnobuss (TechBus) Mobile Demonstration Laboratory
CategoryEducation and Career Outreach Program
Description

Mobile demonstration laboratory built on an 18-meter bus, equipped with programmable CNC milling tables, welding trial stands, Festo mini-factory automation units, pneumatics experiment stands, 3D printers with PLC work materials, gear mechanics and dynamo stands, multimedia systems, and career information displays; visits schools to introduce youth to modern metalworking, automation, and mechanical engineering technologies and careers.

7Industry Schools Directory (Nozares mācību iestādes)
CategoryEducation Resource Directory
Description

Directory of vocational schools and educational institutions in Latvia offering programs relevant to the mechanical engineering and metalworking sector.

8Career Guide (Karjeras ceļvedis)
CategoryCareer Guidance Resource
Description

Career guidance resource covering professions in mechanical engineering, metalworking, and related fields including machining specialists, mechatronics, metalworkers, welding, electrotechnics, and thermal engineering.

9Industry Events and Exhibition Participation
CategoryIndustry Events and Trade Shows
Description

Organization and coordination of industry events and exhibitions for member companies, including international trade shows such as Alihankinta (Finland), EUROBLECH (Germany), Danish Industry Days, and local events like the Dual-Use Export Forum.

10Job Postings and Cooperation Offers Board (Sludinājumi)
CategoryJob and Partnership Marketplace
Description

Online board connecting member companies with job seekers, internship candidates, and business cooperation offers for partnerships across the Latvian mechanical engineering and metalworking sector.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

European industry association representing the interests of technology industries in Europe. MASOC is a member, providing international networking and policy representation at EU level for Latvian mechanical engineering and metalworking companies.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Major umbrella organization for Latvian businesses. Partnership enables joint advocacy, networking events, and support for MASOC member companies.

3Latvian Employers' Confederation (LDDK)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Confederation representing employer interests in Latvia. Collaboration on labor market issues, workforce development, and employment policies affecting the metalworking industry.

masoc.lv
Strategic tierCoreTypeStrategic or Co-development Partner
Description

German metalworking industry association from Northern Germany. Partnership enabled transfer of Technobus concept and best practices for industry outreach and youth career promotion. The Technobus project was started in 2015 adopting the German colleagues' experience.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

The UK's manufacturers' organization, providing industry representation, training, legal services, and policy advocacy for engineering and manufacturing SMEs. A functionally analogous trade association, though operating in a much larger industrial economy.

TypeBroad incumbent
Description

Denmark's broad industry and employers' confederation representing manufacturing, engineering, and related sectors. MASOC members participate in Danish Industry Days, indicating active engagement with the Danish counterpart.

TypeDirect peer
Description

Metalworking industry association in Northern Germany. Nordmetall is explicitly referenced as the origin partner for MASOC's Tehnobuss concept and serves an identical role (industry representation, workforce outreach, vocational training) for German metalworking SMEs — making it the closest functional peer.

TypeDirect peer
Description

Norwegian industry federation representing process and manufacturing industries including metalworking. Comparable mission of industry advocacy, training, and workforce development for Norwegian mechanical engineering and metalworking members.

TypeBroad incumbent
Description

Germany's Mechanical Engineering Industry Association, representing ~3,600 member companies across mechanical and systems engineering. Comparable organizational function to MASOC but at vastly greater scale and broader scope, including standard-setting, trade fair ownership, and policy advocacy.

TypeDirect peer
Description

National industry association for Lithuanian metalworking and engineering companies. Highly comparable in size, mission, and Baltic regional context, addressing the same workforce and competitiveness challenges MASOC faces in Latvia.

TypeBroad incumbent
Description

European federation representing the interests of technology industries (mechanical engineering, electrical, electronics, metalworking) at EU level. MASOC is an Orgalim member; Orgalim performs industry advocacy and EU policy representation at a pan-European scale for the same sector.

TypeDirect peer
Description

Finland's confederation for the technology and metalworking industries. Comparable role: industry representation, training coordination, EU advocacy, and workforce development for Finnish mechanical engineering SMEs — a natural peer given joint participation in events like Alihankinta.

TypeDirect peer
Description

Swedish employers' association for engineering and metalworking companies. Performs equivalent industry representation, collective bargaining, training, and policy advocacy for the Swedish metalworking and engineering sector.

TypeRegional player
Description

Estonian trade association representing the metalworking and engineering industry. Operates in the same Baltic geographic cluster as MASOC with a near-identical mandate (membership services, training, advocacy), serving Estonian SMEs rather than Latvian ones.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia

Industry Association Servicesmasoc.lv

MASOC is a Latvian nonprofit industry association founded in 1994 that represents mechanical engineering and metalworking companies. It delivers member services including a database, virtual cluster platform, training programs, the Tehnobuss mobile demo lab for youth outreach, and EU-funded skills development projects.

What MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia does

MASOC (Mašīnbūves un Metālapstrādes Rūpniecības asociācija) is a Latvian nonprofit industry association (biedrība, reg. No. 40008017857) founded in 1994 and headquartered at Brīvības gatve 223, Riga. It represents the interests of Latvia's mechanical engineering and metalworking companies, operating with a lean staff of 9 employees. The association's core offerings include a searchable member database, a virtual cluster collaboration platform, testing services, a career guidance portal, a vocational schools directory, and a job/cooperation board. It also organizes and participates in international trade exhibitions (Alihankinta in Finland, EUROBLECH in Germany, Danish Industry Days) and exports-focused forums to support member market access.

MASOC's distinguishing program is the Tehnobuss, a mobile demonstration laboratory built on an 18-meter bus equipped with CNC milling tables, welding trial stands, Festo automation units, pneumatics experiment stands, 3D printers, gear/dynamo stands, and multimedia systems. Launched in 2015 in cooperation with Nordmetall (Northern Germany), the Tehnobuss has visited 368 schools and reached 39,300 young people with engineering and metalworking career information. The association additionally operates an ESF+ funded training project (No. 4.2.4.1/1/24/A/009, €1,583,508 total eligible costs, November 2024 to December 2029) targeting skills development for at least 642 employees from 36 companies in the sector.

The business model is a hybrid of recurring membership fees from Latvian mechanical engineering and metalworking companies and managed EU project funding (ESF+ and state budget). The association maintains strategic partnerships with Orgalim for EU-level representation, the Latvian Chamber of Commerce and Industry, the Latvian Employers' Confederation, and Nordmetall. An affiliated entity, SIA MASOC KC, conducts industry research. There is no equity ownership, traditional revenue mechanics, or commercial pricing; the organization is funded through member subscriptions and project grants, and is governed by a Board (Padome) and Management Board (Valde).

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia firmographics

Firmographics
Name
MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia
Legal name
Mašīnbūves un Metālapstrādes Rūpniecības asociācija
Website
https://masoc.lv
Company type
Private
Founded year
1994
Operating status
Operating
Headcount range
1–10 employees
Short description
MASOC is a Latvian nonprofit industry association founded in 1994 that represents mechanical engineering and metalworking companies. It delivers member services including a database, virtual cluster platform, training programs, the Tehnobuss mobile demo lab for youth outreach, and EU-funded skills development projects.
Ownership category
akta.pro rank

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia industry classification

Industry
Product category
Industry Association Services
NAICS
Business Associations (813910), Technical and Trade Schools (6115)
SIC
Services-Membership Organizations (8600)
akta.pro industry
PRIMARYEDABAKAK
Production & Manufacturing Operations (TPM, OEE, SMED)
Education/Corporate Training & Professional Development/Operations, Quality & Lean/Six Sigma Training

Keywords

  • Industry association services
  • Mechanical engineering cluster
  • Metalworking industry representation
  • Vocational training programs
  • Manufacturing member networking

Where MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia is headquartered

Location

Headquarters

HQ city
Riga
HQ country
Latvia
HQ region
Europe

Offices1 record

Markets served

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Others, Marketing or Sales, Technology or R&D

Revenue model

  1. Member fees: Association membership fees from mechanical engineering and metalworking companies in Latvia
  2. ESF+ Project funding: European Social Fund+ project funding for industry training programs - Project 'Machine Building and Metalworking Industry Employees Skills Development and Training Project' Nr. 4.2.4.1/1/24/A/009 with total eligible costs of 1,583,508 EUR (ESF+ funding 798,941 EUR and state budget funding 140,989 EUR)

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia product offering

Product offering

Core offering

MASOC is a Latvian nonprofit industry association that, since 1994, has represented mechanical engineering and metalworking companies through collective industry advocacy, a virtual cluster collaboration platform, EU-funded employee training programs, exhibition/trade mission participation, and member services including a searchable company database, testing services, and a Tehnobuss mobile demonstration laboratory used for school outreach to attract youth into the sector.

Product overview

MASOC is an industry association representing mechanical engineering and metalworking industries in Latvia since 1994. The organization offers a unified membership program that includes access to a searchable member database, virtual cluster collaboration platform, testing services, career guidance resources, industry educational institutions directory, and events/exhibitions participation. The association also operates the "Tehnobuss" mobile demo laboratory for youth outreach and administers ESF+ funded training projects for employee professional development (2024-2029). These services collectively support member competitiveness and foster industry development in Latvia.

Differentiator

Problem solved

Functional benefit

Products and services

  • MASOC Membership Services Membership program for Latvian mechanical engineering and metalworking companies, providing collective industry representation, joint project implementation, access to the virtual cluster platform, member database, testing services, training programs, exhibition participation, and policy advocacy since 1994.
  • Member Company Database (Biedru datubāze) Searchable online database of Latvian member companies in the mechanical engineering and metalworking industries, with detailed company profiles, contact information, products, and services for B2B networking and collaboration.
  • Virtual Cluster Collaboration Platform (Klastera virtuālā platforma) Virtual collaboration platform connecting cluster members of the Machine Building and Metalworking Cluster for joint projects, knowledge sharing, and industry coordination.
  • Testing Services (Testēšanas pakalpojumi) Testing services provided to member companies in the mechanical engineering and metalworking sector through cluster facilities.
  • ESF+ Training Project for Mechanical Engineering and Metalworking Employees European Social Fund+ funded skills development and training program for employed and self-employed persons aged 18+ in the Latvian mechanical engineering and metalworking industry, targeting at least 642 employees across 36 companies with tiered support intensity (70% for micro/small, 60% for medium, 50% for large enterprises).
  • Tehnobuss (TechBus) Mobile Demonstration Laboratory Mobile demonstration laboratory built on an 18-meter bus, equipped with programmable CNC milling tables, welding trial stands, Festo mini-factory automation units, pneumatics experiment stands, 3D printers with PLC work materials, gear mechanics and dynamo stands, multimedia systems, and career information displays; visits schools to introduce youth to modern metalworking, automation, and mechanical engineering technologies and careers.
  • Industry Schools Directory (Nozares mācību iestādes) Directory of vocational schools and educational institutions in Latvia offering programs relevant to the mechanical engineering and metalworking sector.
  • Career Guide (Karjeras ceļvedis) Career guidance resource covering professions in mechanical engineering, metalworking, and related fields including machining specialists, mechatronics, metalworkers, welding, electrotechnics, and thermal engineering.
  • Industry Events and Exhibition Participation Organization and coordination of industry events and exhibitions for member companies, including international trade shows such as Alihankinta (Finland), EUROBLECH (Germany), Danish Industry Days, and local events like the Dual-Use Export Forum.
  • Job Postings and Cooperation Offers Board (Sludinājumi) Online board connecting member companies with job seekers, internship candidates, and business cooperation offers for partnerships across the Latvian mechanical engineering and metalworking sector.

Quantifiable outcome

  • Since 2015, the Technobus has visited 368 schools and reached 39.3 thousand young people with information about engineering careers
  • +1 more outcomes

Companies that use MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia

Customer profile

Named customers8 records

Segments4 records

Ideal customer profiles3 records

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core.

  • OrgalimcoreStrategic or Co-development PartnerEuropean industry association representing the interests of technology industries in Europe. MASOC is a member, providing international networking and policy representation at EU level for Latvian mechanical engineering and metalworking companies.
  • Latvian Chamber of Commerce and Industry (LPK)coreStrategic or Co-development PartnerMajor umbrella organization for Latvian businesses. Partnership enables joint advocacy, networking events, and support for MASOC member companies.
  • Latvian Employers' Confederation (LDDK)coreStrategic or Co-development PartnerConfederation representing employer interests in Latvia. Collaboration on labor market issues, workforce development, and employment policies affecting the metalworking industry.
  • Nordmetall (Northern Germany Metalworking Industry Association)coreStrategic or Co-development PartnerGerman metalworking industry association from Northern Germany. Partnership enabled transfer of Technobus concept and best practices for industry outreach and youth career promotion. The Technobus project was started in 2015 adopting the German colleagues' experience.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia competitors and assessment

Company assessment

Broad incumbents

  • Make UK: The UK's manufacturers' organization, providing industry representation, training, legal services, and policy advocacy for engineering and manufacturing SMEs. A functionally analogous trade association, though operating in a much larger industrial economy.
  • Dansk Industri (Confederation of Danish Industry): Denmark's broad industry and employers' confederation representing manufacturing, engineering, and related sectors. MASOC members participate in Danish Industry Days, indicating active engagement with the Danish counterpart.
  • VDMA (Verband Deutscher Maschinen- und Anlagenbau): Germany's Mechanical Engineering Industry Association, representing ~3,600 member companies across mechanical and systems engineering. Comparable organizational function to MASOC but at vastly greater scale and broader scope, including standard-setting, trade fair ownership, and policy advocacy.
  • Orgalim: European federation representing the interests of technology industries (mechanical engineering, electrical, electronics, metalworking) at EU level. MASOC is an Orgalim member; Orgalim performs industry advocacy and EU policy representation at a pan-European scale for the same sector.

Direct peers

  • Nordmetall: Metalworking industry association in Northern Germany. Nordmetall is explicitly referenced as the origin partner for MASOC's Tehnobuss concept and serves an identical role (industry representation, workforce outreach, vocational training) for German metalworking SMEs — making it the closest functional peer.
  • Norsk Industri (Federation of Norwegian Industry): Norwegian industry federation representing process and manufacturing industries including metalworking. Comparable mission of industry advocacy, training, and workforce development for Norwegian mechanical engineering and metalworking members.
  • LINPRA (Lithuanian Engineering Industry Association): National industry association for Lithuanian metalworking and engineering companies. Highly comparable in size, mission, and Baltic regional context, addressing the same workforce and competitiveness challenges MASOC faces in Latvia.
  • Technology Industries of Finland: Finland's confederation for the technology and metalworking industries. Comparable role: industry representation, training coordination, EU advocacy, and workforce development for Finnish mechanical engineering SMEs — a natural peer given joint participation in events like Alihankinta.
  • Teknikföretagen: Swedish employers' association for engineering and metalworking companies. Performs equivalent industry representation, collective bargaining, training, and policy advocacy for the Swedish metalworking and engineering sector.

Regional players

  • Federation of Estonian Engineering Industry: Estonian trade association representing the metalworking and engineering industry. Operates in the same Baltic geographic cluster as MASOC with a near-identical mandate (membership services, training, advocacy), serving Estonian SMEs rather than Latvian ones.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia social profiles

Digital presence

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia financial estimates

Financial estimate

Revenue estimate

Valuation estimate

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia leadership team

Management profile

Number of profiles

Profiles1 record

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia

What does MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia do?

MASOC is a Latvian nonprofit industry association that, since 1994, has represented mechanical engineering and metalworking companies through collective industry advocacy, a virtual cluster collaboration platform, EU-funded employee training programs, exhibition/trade mission participation, and member services including a searchable company database, testing services, and a Tehnobuss mobile demonstration laboratory used for school outreach to attract youth into the sector.

Is MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia a public or private company?

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia founded?

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia was founded in 1994. It employs 1 to 10 people.

Where is MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia based?

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia is headquartered in Riga, Latvia, in the Europe region.

How does MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia make money?

Two revenue lines are on record. Member fees are the primary driver. The others are ESF+ Project funding.

Who are MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia's main competitors?

Broad incumbents on record are Make UK, Dansk Industri (Confederation of Danish Industry), VDMA (Verband Deutscher Maschinen- und Anlagenbau) and Orgalim. Direct peers are Nordmetall, Norsk Industri (Federation of Norwegian Industry), LINPRA (Lithuanian Engineering Industry Association), Technology Industries of Finland and Teknikföretagen. Federation of Estonian Engineering Industry is listed as a regional player.

Does MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia have an API?

No public API is recorded for MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia.

What industry is MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia in?

MASOC - Association of Mechanical Engineering and Metalworking Industries of Latvia's product category is Industry Association Services. Its primary akta.pro industry code is EDABAKAK, Production & Manufacturing Operations (TPM, OEE, SMED). Its NAICS code is 813910 and its SIC code is 8600.

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