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Krimelte consolidates companies under a new brand Wolf Group
Juhan Tere, BC, Tallinn, 06.11.2009.
Print version
Print versionEstonian construction materials producer Krimelte, that exports nearly 95% of production, consolidates all of the group’s sales and production companies under a new brand – Wolf Group.
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Wolf Group will consolidate all of Krimelte’s sales and production companies in Estonia and abroad, as well as brands Penosil and Tempsi, reports LETA.
Krimelte’s board chairman Jaan Puusaag said that the new umbrella brand was created due to the fast development of the company in the past few years and Krimelte expanding to new production spheres.
Krimelte produces mainly construction isolation materials and construction foams. It has plants in Denmark, Russia and Estonia and sales units in Estonia, Latvia, Lithuania, Ukraine, Romania, Bulgaria and Kazakhstan.
Krimelte group’s 2008 revenues exceeded 1 billion kroons and operating profit was 74.4 mln kroons.
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