Developer of Liepāja SEZ industrial parks "Pumac Liepaja" earned 2.55 million euros last year

Last year, the developer of industrial parks in the Liepāja Special Economic Zone (SEZ), SIA "Pumac Liepaja", generated revenue of 2.521 million euros, 13.1% more than in 2017, and made a profit of 2.552 million euros, an increase of 13.8%, according to information from "Firmas.lv".

Last year, "Pumac Liepaja" purchased a plot of land at 4 Kapsēdes Street from the Liepāja municipality for 123,000 euros and merged it with the plot of land at 2 Kapsēdes Street. Detailed planning of the plots has begun, according to the management report in the financial statements.

In addition, a new production facility was built last year and the existing building was renovated for the needs of the tenant, SIA "Trelleborg Wheel Systems", thereby providing an additional 8,642 square metres for lease.

This year, using a programme of the European Regional Development Fund, "Pumac Liepaja" plans to begin construction of new production buildings in order to develop the industrial area on the adjacent plot of land, "Mežvidi". The renovation of existing buildings, as well as the reconstruction of existing utility networks and infrastructure, is also planned for this year.

In 2017, "Pumac Liepaja" generated revenue of 2.229 million euros and made a profit of 2.243 million euros.

The owners of "Pumac Liepaja" are the Danish companies "Lars Fogh. Aalborg ApS" (75%) and "Meanso ApS" (25%).