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Wednesday, 24.04.2024, 18:51
Severstallat increased turnover by 16% in 2013
BC, Riga, 15.05.2014.
Print version
Print versionJoint-stock steelworks company Severstallat increased turnover by 16 percent last year to EUR 198.37 million, informs LETA/Nozare.lv, referring to Firmas.lv.
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In 2012, the company achieved EUR 171.87 million in turnover.
Last year, Severstallat posted EUR 4.13 million in profit, which is considerably more than in 2012, when the company posted EUR 964,688 in profit.
During the reporting period, Severstallat consolidated sales in the Baltic, Scandinavian and Central Europe countries increased to 366,000 tons.
Severstallat plant in Latvia put out more than 123,000 tons of steel products last year. This year, the company will continue development and offer its customers new products.
Severstallat was established in 1992; the company manufactures welded tubes and a wide range of steel products.
The Severstallat group includes Severstallat in Latvia and "Severstallat Silesia Sp. z o.o." in Poland.
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