According to recent statements in the local press; the Latvian joint-stock company “Valmieras Stikla Skiedra“s” (Valmiera Fibreglass) sales amounted to 96.2% of the projected 2001 figure for 11 month…
According to recent statements in the local press; the Latvian joint-stock company “Valmieras Stikla Skiedra“s” (Valmiera Fibreglass) sales amounted to 96.2% of the projected 2001 figure for 11 months. The company“s sales totalled LVL 14.54 million in the 11 months with the company“s annual sales forecast at LVL 15.115 million in 2001. The company“s board chairman Inars Polaks told LETA earlier that growing profit and sales of the company were due to the company“s major marketing activities, as the overall situation on the market has declined. He said that the company had to cut prices in order to adapt to the situation on the market.