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UPB Holding's subsidiary will sell the group's products and services and carry out an in-depth market analysis in Great Britain, UPB Board Chairman Uldis Pilens says in an interview with Dienas Bizness.

The group has also been expanding operations in Scandinavia and is considering purchasing an engineering company in Scandinavia.

UPB Holding's turnover grew 11% in 2013 and the group's share of exported products remained above 60%.

UPB Holding turned over EUR 106 million in 2013. The group's profit amounted to EUR 4 million, the newspaper reports referring to UPB Holding's consolidated unaudited financial data.

UPB Holding incorporates more than 40 enterprises, which are united in independently operating groups, the largest among them being Aile Group, MB Betons Group, RK Metals Group, UPB Energy Group and UPB Nams Group.

Over the past 19 years, UPB Holding has become one of the leading industrial concerns in Latvia with extensive international operations.

The concern's main shareholders are Uldis Pilens with 41.28% of shares, Oskars Mors (24.54%), and Maris Mors (18.6%).