| 26. 01. 2006 | The consolidated net turnover of JSC UPB holding in year 2005 has reached 39 million LVL
The consolidated net turnover of JSC UPB holding in year 2005 has reached 39 million LVL, which is for 68 % more than in year 2004, when the turnover was 23,24 million LVL. The turnover of JSC UPB (without affiliated companies) in year 2005 has reached 26,16 million LVL, which is for 57 % more than in year 2004.
"The past year for the UPB holding can be rated positively, the increase of the turnover is reached mostly at the expense of activities in export markets by offering a complex supply in three product groups: metal constructions, glass constructions and reinforced concrete, there are also strengthened positions in Latvia in term of produced and built amount, as well as in term of technologies and investments", explains the president of JSC UPB Uldis Pīlēns.
In year 2005 there are invested 4,5 million LVL, which are mostly invested in new production units, as well as in the modernization of existing production units and in the development of export. AILE group started a new aluminium- wood (ALCOM) window export production unit. As the scale of production is increasing, in autumn of last year it was started and in spring of this year it is planned to finish the extension of the production unit in area of 2000 m2. In MB BETONS group at the end of the last year the new plant Dzelzsbetons MB in Liepaja and the new concrete plant Kurzemes MB started its work in a test mode, it was expanded an active work in inert material sphere - it started to operate a construction waste processing plant, acquired new technologies in gravel-pit development.
In year 2005 companies of UPB holding have realized significant units abroad - central office building of company HYDRO in Oslo, Norway; sports and exhibition complex Laugardallsholl in Reykjavik, Iceland, where in March of year 2006 there will take place the biggest building exhibition in Iceland, there will also participate units of JSC UPB etc. In Latvia in 2005 it is started a large reconstruction in Metalurgs - in the biggest metal-fabrication company in the Baltic States, there are realized several important units - Police administration complex in Liepaja, apartment house complex CITYZEN in Riga, residential building block un apartment house complex Zalves Dārzs in Riga and other units.
One of the most interesting projects of Arhitekta U. Pīlēna birojs in the last year were the new brewery complex in Uzava, experimental 12-apartment house in the building of which there will be used prefabricated reinforced concrete constructions and the new H&L studija trade complex in Liepaja.
In JSC UPB holding group there are more than 1300 employees.