Karcher, a manufacturer of professional cleaning equipment, has invested 200,000 euros in opening a new store in Riga, the company informs.
The store opened on Mūkusalas Street is the second store of this brand in Latvia.
Representatives of the company point out that since the opening of the first store in Latvia in 2011, more than 500,000 euros have been invested in the development of the company. In general, in the coming years it is planned to open several new company centers in Latvia and expand the service network.
“This investment is part of our growth plan to double our product turnover over the next five years. Karcher products are distributed nationwide by large retail chains and official dealers, and our center offers our customers a full range of products with more than 500 types of products.” as well as provides technical advice on cleaning issues in any field, personal advice on the purchase of equipment, product demonstrations and additional guarantees, “says Andrejs Masulis, Chairman of the Board of SIA” Karcher “.
The company plans to introduce various new products in Latvia in the next five years, which are widely known and used abroad, but so far, for example, municipal cleaning machines have not been offered in Latvia. There are also plans in the near future to develop the use of dry ice cleaning technology, which significantly improves professional work efficiency and is an environmentally friendly way of cleaning.
The company “Karcher” was registered in August 2011, and its share capital is 460,012 euros, according to “Firmas.lv” information.
The company is owned by the German “Karcher Beteiligungs”. In 2020, the company had a turnover of 5.843 million euros, which is 0.7% less than a year earlier, while the company’s profit increased by 10%, reaching 169,919 euros.