To be able to compete with both price and quality, LEAX Group has choosen to start manufacturing in Latvia. With the help of risk capital from state owned Swedfund, LEAX now speeds up its expansion in SIA LEAX Baltix.
”With the investment in LEAX Baltix, the company can expand with profitability. At the same time, the serious approach will create spin offs in Latvia regarding good work environment and competence development, says Karin Isaksson, Senior Investment Manager at Swedfund.
For more information contact:
Roger Berggren, MD, LEAX Group, +46-221-346 07, +46-706-559971
Karin Isaksson, Senior Investment Manager. Swedfund International AB, +46-8-725 9421, +46-703-299421
LEAX Group: The group is a contract manufacturer that provides vehicle-, power generation and construction and mining industries with mechanical and electromechanical products. The group also provides consultancy within quality-, environment- and management systems through Q Control.
