Riga Stock Exchange                                                            06.01.2005



VEF Radiotehnika RR expecting large orders for circuit boards



Modernization of circuit board manufacturing equipment will allow VEF Radiotehnika RR to have 

large orders from Western companies. Already now the company has offers 1 million EUR per year 

worth. 

In the nearest future VEF Radiotehnika RR is planning to modernize the equipments, using the EU 

fund money. Currently the application is being reviewed by the LIDA. Installation of new 

equipments will also mean new jobs – in addition to the present 30 jobs in circuit board 

manufacturing, 30 more will be created.