RESHORING CASE

Atlas Dynamics

Company details
Code: 
Atlas Dynamics
Company name: 
Atlas Dynamics
Company country: 
Latvia
Sector: 
C - Manufacturing
Sector detail: 
C30 - Manufacture of other transport equipment
Sub-sectors: 
C30.3.0 - Manufacture of air and spacecraft and related machinery
Reshoring details
Reshoring announcement date: 
02/10/2017
Reshored to: 
Latvia
Location of affected unit(s): 
Riga
Location code: 
LV006
Reshored business function: 
Production
Partial or Total reshoring: 
Partial
Reshoring governance mode: 
In house (in own facilities)
Estimated job gains: 
1000
Reasons for reshoring: 
Offshored activities' control complexity
Case narrative: 

Atlas Dynamics is a Latvian technological company creating top tier drone based solutions. The founder of the company explains that the company wants to move production from China to Latvia as he found it is difficult to work in China and tell Chinese workers what is wrong. The company plans to build a plant in Riga (Latvia) and gradually move production lines from China back to Latvia. This new plant will employ around 1,000 people. In 2017, 5,000 drones will be made in China while at least 40 drones will be made in Latvia monthly. The company is not sure it will be able to find enough skilled people to work in its factory as there seems to be a shortage of skilled employees in Latvia. People employed in the production plant in Latvia are currently coming from abroad. 

Sources: 

rus.db.lv   2 October 2017

Labs of latvia  30 September 2017

Offshoring details
Offshoring location: 
China
Offshored business function: 
Production
Host country geographical area: 
China