LEAX Group Announces 20 Years in Latvia
On the 22nd of May 2001, LEAX Group started up its first facility outside of Sweden in Riga, Latvia. Over the past 20 years the factory, known as “LEAX Baltix”, has become a center of excellence within our group. Baltix has developed advanced machining and heat treatment processes and has succeeded due to the high-level of competence and their willingness to solve challenges. LEAX Baltix continues to be a best cost source for our customers around the globe.
“I would like to congratulate our employees and thank our customers on this anniversary and wish that our collaboration will continue for at least another 20 years in the same successful manner” says Peter Luberts, President LEAX International.
For more information:
Peter Luberts, President LEAX International, LEAX Group
+46 70-688 91 85
peter.luberts@leax.com
LEAX Group AB (publ) is the parent company of a group (“LEAX Group”) with about 1 100 employees. LEAX has operations in Köping, Falun and Falköping in Sweden, Riga and Rezekne in Latvia, Curitiba in Brazil, Detmold in Germany, Mezökövesd in Hungary and Wuxi in China. The Group is a manufacturer of mechanical components and subsystems for the heavy vehicle industry, passenger cars, mining and construction industries and other engineering industries. LEAX Group also delivers customized gearboxes for various mechanical engineering industries. The Group had a turnover of SEK 1,5 billion in 2020.