Summary of Rezekne SEZ commercial companies performance indicators in 2020

  blog/Summary of Rezekne SEZ commercial companies performance indicators in 2020

Summary of Rezekne SEZ commercial companies performance indicators in 2020

August 13, 2021

In 2020, Rēzekne SEZ commercial companies have made long-term investments in the amount of 16.8 million euros. The total amount of investments made by commercial companies has reached 187.9 million euros. The turnover of Rēzekne SEZ commercial companies has reached 113.3 million euros and they have employed more than 1,200 employees, according to the summary of commercial company performance indicators carried out by the Rēzekne SEZ Authority.

The turnover of Rezekne SEZ commercial companies in 2020 reached 113.3 million euros. The highest turnover indicators in 2020 - pellet producer “NewFuels” RSEZ SIA - 34.2 million euros, the plywood producer “VEREMS” RSEZ SIA - 32.8 million euros. The commercial company SIA “LEAX Rēzekne” RSEZ has had a rapid turnover increase in 2020, which has increased by 34%, reaching a turnover of 25.5 million euros.

In 2020, Rezekne SEZ commercial companies employed 1,273 employees. The number of employees in Rēzekne SEZ companies has increased by 50% or by 425 employees in the last five years. In 2020, the status of Rezekne SEZ commercial companies was granted to “OptoElektronika LV” RSEZ SIA, which employs 265 employees. The company “VEREMS” RSEZ SIA still has the status of the largest employer with 338 employees.

The total amount of long-term investments made by Rezekne SEZ commercial companies reached 187.9 million euros last year. In 2020, the companies invested 16.9 million euros in infrastructure and introduction of modern technologies, of which 0.91 million euros were invested within the framework of Rezekne SEZ investment projects. The largest long-term investments have been made in companies - SIA “LEAX Rēzekne” RSEZ (15 million euros), “OptoElektronika LV” RSEZ SIA (0.49 million euros) and “VEREMS” RSEZ SIA (0.46 million euros).

Last year, the Rezekne SEZ Authority concluded 3 agreements on the implementation of new investment projects, within the framework of which it is planned to make investments in the amount of EUR 1,591,000. Among the project applicants are the information technology company SIA “MIDIS” RSEZ and the manufacturer of electronic and electrical wires and cables “OptoElektronika LV” RSEZ SIA, which granted the status of Rēzekne SEZ commercial company in 2020.