| Laticrete opens a factory in the Baltic States |
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issue time:2006-06-22 10:24
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LATICRETE International, manufacturer of innovative tile and stone installation systems, recently extended their global reach and speed of distribution, and, from June of this year, will be manufacturing and distributing LATICRETE International products from a new 107,640 square foot plant in the Baltic State of Latvia.
Located in Salaspils, Latvia, 11 miles from the capital of Riga, a major cultural, educational, political, financial and industrial centre, the new location is a prime centre for distribution with border access to Estonia in the north and Lithuania in the south. Riga, the largest city in the Baltics, has long been considered the gateway for trade with Russia.
The Baltic States joined the European Union in 2004, and now boast liberal democracies and quickly growing market economies, and offer LATICRETE International access to all countries located on the Baltic Sea, including Denmark, Finland, Sweden, Germany and Poland.
The new facility, scheduled for completion in June 2006, will employ 40 people, and will be run by Genady Jakimenko, president and senior partner/owner, who has been involved with the distribution of LATICRETE products in Latvia for over 10 years.
(www.stoneroc.com)
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