Pawbol Baltic Strengthens Its International Growth with LIAA Export Support

SIA “Pawbol Baltic”, the distributor and representative of VEXEN electrical solutions, continues to develop its international presence and strengthen the company’s export capacity.

On 26 January 2026, SIA “Pawbol Baltic” concluded Agreement No. 9.3-1-L-2026/23 with the Investment and Development Agency of Latvia regarding the provision of export support.

The support is provided within the European Regional Development Fund project “Development of Innovative Entrepreneurship of SMEs”, project identification No. 1.2.3.1/1/23/I/001.

The purpose of the support is to:

• strengthen the company’s export capacity;
• promote VEXEN products in international markets;
• develop cooperation with foreign business partners;
• support the company’s long-term expansion into new markets.

VEXEN offers electrical products and intelligent energy management solutions designed for residential, commercial and industrial applications.

Through international cooperation and export development activities, Pawbol Baltic aims to make VEXEN solutions more accessible to distributors, electrical professionals, contractors and project developers across Europe and other international markets.

The project is co-financed by the European Regional Development Fund and the Latvian state budget.

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Project Information

Agreement with the Investment and Development Agency of Latvia:
No. 9.3-1-L-2026/23

Project:
“Development of Innovative Entrepreneurship of SMEs”

Project identification number:
1.2.3.1/1/23/I/001

Funding:
Co-financed by the European Union through the European Regional Development Fund.