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Saturday, 02.08.2025, 09:52
Lexel Fabrika was the largest company in electrical and electronic appliance industry in Latvia in 2012
BC, Riga, 04.12.2013.
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With a turnover of LVL 27.8 million, Lexel Fabrika was the leader in Latvia's electrical and electronic appliance industry in 2013, according to the Latvian Business Report 2013 collated by Firmas.lv and Nozare.lv, writes LETA.
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Energofirma "Jauda" was second with LVL 19.18 million in turnover, followed by Axon Cable – LVL 16.19 million, BMS Tehnologija – LVL 11.04 million, AE Partner – LVL 9.96 million, M4U – LVL 8.21 million, Hanzas elektronika – LVL 5.23 million, Z-Light – LVL 5.21 million, Ler Baltic Group – LVL 3.79 million, and VISSA electronics – LVL 3.38 million.
Lexel Fabrika is part of Schneider Electric, a France-based multinational corporation.
Lexel Fabrika manufactures electromechanical and electronic products. The company sells only 0.1% of its production in the Baltic States. Most of it is sold in the Nordic countries and Germany.