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In 2021, “Ilgezeem” worked at a loss

SIA “Ilgezeem”, whose product range includes kvass “Iļguciema” and “Veselības žeriens”, the “Medalus” product line, as well as tomato sauces, ketchup, mustard and other products, worked with 4.98 million euro turnover in 2021 and 250.9 thousand losses, he writes “Lursoft“Customer portfolio.

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“In 2021 the company’s economic activity was affected by the Covid-19 pandemic. In June, which is the busiest period of the season, despite the measures implemented, an outbreak of Covid-19 occurred in the factory, in as a result the production process had to be interrupted for three weeks. Due to the interruption of production, it was impossible to produce the products according to demand “, said SIA” Ilgezeem “.

It should be noted that last year SIA “Ilgezeem” had 109 employees. Information available to Lursoft shows that the company paid 1.3 million euros in tax payments to the state budget last year.

“Lursoft” calculated that SIA “Ilgezeem” turnover was 4.34% lower last year than in 2020. Previously, it ran with losses for the last time in 2012.

This year the company expects to complete the reconstruction work started in 2020, which should be completed by May 2021. The reconstruction work has been affected by the increase in energy prices caused by Covid-19, as well as delays in the delivery of materials necessary for the renovation and work to be carried out.

SIA “Ilgezeem” is jointly owned by Robert Wolff and Viktor Ognianov.

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