Latvia, Markets and Companies, Metals Market

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 23:36

Tolmets increased turnover by 8% in 2011

Nina Kolyako, BC, Riga, 31.05.2012.Print version
The joint-stock scrap metal processing and wholesale company Tolmets posted LVL 110.5 million in audited turnover last year, which is 8% more than in 2010, according to the Registry of Enterprises' Lursoft data.

The company's profit reduced 32.9% and amounted to LVL 2.33 million, writes LETA.

 

Tolmets was established in 1999 and is the largest company in Latvia that purchases, processes and exports scrap metal. The company's share on Latvian market is 85%, on Baltic market – 50%.






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