On the publication in the mass media


In the interview, "Vesti Segodņa" AS "VEF Radiotehnika RRR" board chairman
Edward Maļejevs said: 

Radiotehnika profits in 2009 In comparison with 2008 year increased by 33
thousand lats. This is mainly achieved by reducing business costs. Energy
saving steps have been taken employees are tied to specific orders. 

One of the main obstacles is the development of a working capital deficiency.
Although Latvian Development agency has supported the creation of new acoustic
and testing projects and has given 50% of necessary funding, the remaining 50%
Latvian banks refuse to finance. 
The company is actively working with new potential customers in Russia. Europe
also has an interest in Radiotehnika products, as our product price / quality
ratio is successfully competing with European manufacturers. 

In the Latvian market such electronics dealers like RD Elektronics and Elkor
are also showing an interest. 
GlobeNewswire