07.03.2005, Rīgas autoelektroaparātu rūpnīca, RIG

Riga Stock Exchange                                                            07.03.2005



JSC “Rīgas autoelektroaparātu rūpnīca” has successfully closed year 2004



JSC “Rīgas autoelektroaparātu rūpnīca”, owning to  the good cooperation with the business 

partners in Russia, Byelorussia and the Ukraine, has successfully closed year 2004. Net sales 

amount to LVL 5.7 million, which is a 60% increase over 2003. The company profit is approximately 

LVL 250 thousand. When making forecasts for 2005, even if the sales fall short of 2004, four to 

five million LVL in sales will be a very good result for the company.