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Tenax will make investments around 12 million euros in the growth of a new production plant

Swedish bank“granted € 7.7 million in funding to a group of companies”Tenax“for the design of a new sandwich panel production plant, of which 3 million euros will be invested in the development of the output creating, while 4.7 million euros are intended for the purchase of output machines, advise the representatives of The whole expenditure of the providers of the “Tenax” team in this undertaking is foreseen for an quantity of around 12 million euros.

The information will go on following the announcement

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SIA “Tenax Panel”, one of the largest producers of sandwich panels in the Baltic countries, is creating the company’s new manufacturing plant next to the existing one in Dobele. The organization is section of the “Tenax” team, which also consists of corporations such as SIA “Tenax”, SIA “Tenax Panel”, SIA “Tenapor”, SIA “Tenax Install”.

“Tenax aims to be a chief not only in its sector of exercise, but also a position of reference in the development sector as a total. We have released the Environmental Solution Declaration certificate, which enables us to develop sandwich panels to the highest criteria. of sustainability, “claims Roberts Kurma, a member of the firm’s board of directors.

SIA “Tenax Panel” exports most of its creation. 45% of the products made are bought right in the Scandinavian markets, which pay unique awareness to the implementation of sustainability criteria.

“Swedbank” has defined a number of criteria in its routines that bind us as a business. Between these objectives is the want to encourage the growth of the national overall economy, as nicely as to take part in the development of a sustainable business surroundings. In collaboration with “Tenax” we can not only realize our targets as financiers, but also be confident that, many thanks to joint cooperation, we can impact the method of financial transformation in the route of a greener and additional sustainable upcoming “, says Yevgenijs Ivanov, interim head of business enterprise administration at Swedbank

“Tenax” team, SIA “Tenax” was established in 1991 and its sole operator is Nikolajs Kurma. The group employs a complete of 180 workforce. Past year the team of corporations worked with a turnover of 40 million euros and a income of all-around 3 million euros.

SIA “Tenapor” offers with the output of materials for thermal insulation, SIA “Tenax Panel” – with the output of sandwich panels, and SIA “Tenax Install” with the building administration and set up of the elements, when SIA “Tenax” rents and develops its own true estate, delivers assist to the team corporations in enterprise and enhancement.

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