"Rebir" completes last year's plan by 111% or LVL 7.8 million
Last year, the Rezekne special economic zone^apostrofs;s joint-stock construction tool maker "Rebir" completed its production plan by 111 percent or LVL 7.8 million, LETA was informed by the council chairman at the company, Juris Lacaunieks.
Last year, the Rezekne special economic zone's joint-stock construction tool maker "Rebir" completed its production plan by 111 percent or LVL 7.8 million, LETA was informed by the council chairman at the company, Juris Lacaunieks.
Last year's results have been approved by the shareholders' meeting, the board was released from responsibility for last year's operations.
Turnover at "Rebir" last year totaled LVL 8.9 million or 107 percent from the planned figure. The company's profit before taxes was LVL 636,000 but after taxes LVL 601,000.
"Rebir" invested LVL 697,000 in the development of manufacturing. Shareholders decided to pay one santime per one share in dividends - in total LVL 62,000.
In 2002, "Rebir" plans to increase production volume up to LVL 8.5 million and sale of production - up to LVL 9.6 million. The shareholders decided on a cut in profit this year to LVL 35,000 because the joint-stock plans to invest funding in industrial development according to the European Union's standards.
Currently, 1260 people are employed at the company with average wages at LVL 145. As of today through May 16, "Rebir" workers are on their annual vacation.
Līga Pāvila LETA
Copyright © LETA
Last year's results have been approved by the shareholders' meeting, the board was released from responsibility for last year's operations.
Turnover at "Rebir" last year totaled LVL 8.9 million or 107 percent from the planned figure. The company's profit before taxes was LVL 636,000 but after taxes LVL 601,000.
"Rebir" invested LVL 697,000 in the development of manufacturing. Shareholders decided to pay one santime per one share in dividends - in total LVL 62,000.
In 2002, "Rebir" plans to increase production volume up to LVL 8.5 million and sale of production - up to LVL 9.6 million. The shareholders decided on a cut in profit this year to LVL 35,000 because the joint-stock plans to invest funding in industrial development according to the European Union's standards.
Currently, 1260 people are employed at the company with average wages at LVL 145. As of today through May 16, "Rebir" workers are on their annual vacation.
Līga Pāvila LETA
Copyright © LETA
