EconomyPublished: 8 October 2026 at 09:57

Retired Estonian Major General Veiko Vello Palm to chair board of explosives maker Wolfram Europa

Estonian company Wolfram Europa, which plans to build an explosives plant in Jēkabpils, has appointed retired Major General Veiko Vello Palm as chairman of its supervisory board.

Retired Major General Veiko Vello Palm has been appointed chairman of the board at the Estonian company Wolfram Europa. The company itself informed the news agency LETA.

Plans in Jēkabpils

Wolfram Europa intends to build an explosives production plant in Jēkabpils. The project foresees an investment of 200 million euros.

According to the information provided by the company, the appointment of the new board chairman is the only publicly confirmed change in its leadership so far. The report gives no further details about the construction timeline or the company's structure.

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