Kurekss will invest Euro 629 thousands in production facilities modernization

Oct 19, 2005. /Lesprom Network/. A wood-processing enterprise Kurekss (Latvia) plans to invest Euro 629 thousands in production facilities modernization. New equipment will is supplied by Grecon Dimter Holzoptimierung Nord GmbH&Co.KG, Germany. In 2004, profit of Kurekss made up LVL191.86 thousands ($329.2 thousands), money turnover was LVL19.3 million ($33 million). Kurekss is one of the biggest mills in Latvia. The main markets for its products are Great Britain and Scandinavia. They are also supplied to the local market.