Friday, February 6, 2015

A rough V. Rantiņš estimates this year

Exports grow by 40% in the domestic market does not slumber | nekrize.lv
Metal and machinery industry exports in terms of money has grown faster than the total volume, but it does not mean that the Latvian market columbia distributing sales have decreased columbia distributing further by analyzing this year's eight-month industry performance, the newspaper Business Day said of Mechanical Engineering and Metalworking Industries columbia distributing Association Chairman Wave Rantiņš.
Industry products columbia distributing exports in the first eight months of this year increased by 40% compared to the same period last year, according to an analysis by the Association of the Central Statistical Bureau. The total volume of production columbia distributing at current prices increased by 38% and reached 551.9 million lats. For comparison - exports reached 460.3 million lats. During the first eight months of the Latvian realized production of 91.6 million, while the analogous period last year only 71.6 million lats.
"These figures show that the increase in revenue from sales in the domestic columbia distributing market," says V. Rantiņš. He did not deny that part of income growth is due to the metal price level. 'Metal price is an important factor, however, it can not be at the expense of already written off the entire increase in income, "it V. Rantiņš.
The fact that the industry is recovering from the economic crisis, columbia distributing the lowest point, according to the fact that this year compared to 2009 revenues increased by 63%. "All the metal and engineering industry shows a significant increase in any of this increase over the previous year is not less than 17%, while the largest increase of 61%," the situation is characterized by V. Rantiņš.
A rough V. Rantiņš estimates this year's total production volume could reach 800 to 830 million, while exports columbia distributing - from 680 to 700 million. These calculations correction could be introduced for both metal prices, as well as the growth of small enterprises in the sector.
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