OREANDA-NEWS. January 14, 2013. The not audited data of JSC „Valmieras stikla skiedra” assure, that the gross turnover at 2012 is higher than ever – LVL 51.25 Million (EUR 72.79 Million). It’s for 7% higher than for the same period at 2011.

Having regard to this indicator, the management of the company maintains the forecast for the company’s’ financial results – the net profit in 2012 could reach LVL 2.65 Million (EUR 3.76 Million).

„We have to be active to maintain the growth and we have to invest in new technologies that assures the growth of the quality and production of our salable products. This business is asking for enormous resources and the competition is harsh. At the same time it all stimulate us to develop and to find new solutions.

In 2012 JSC „Valmieras stikla skiedra” cultivated its’ development, invigorated the positions in market and let the turnover to growth. Our aim is to have much better results and the ability to ensure more effective products with the high added value,” said Andris Oskars Brutans, the Chairman of the Board.

Through the construction of the new glass furnace, was 2012 a very important year for JSC „Valmieras stikla skiedra”. This ensures the growth of production capacity and the growth of quality. Parallel to this, we are recognized as the best employer in Vidzeme and estimated as the one of sustainable companies in Latvia.

Also 2013 shouldn’t be less unique. The company is celebrating the 50th anniversary. At July 1963 was the first glass fiber yarn won.

The management of JSC "Valmieras stikla skiedra" informs that the not audited financial statement of 2012 will be published considering the dates for the publication of not audited financial reports at the home page of Nasdaq OMX Baltic: http://www.nasdaqomxbaltic.com/.