Belgian “Malmar Sheet Metal” is building 4 million Lat worth production plant in Venstpils

 
The foundation of the new Malmar Sheet Metal plant was recently festively marked by embedding in concrete a capsule containing a message for the future. The company has been active in Ventspils for six years already but is planning to move to a new production plant next year.

The production plant and its infrastructure will be constructed in Ganibu street 107 in Ventspils and the estimated costs are 2 million Lat. Most valuable will be the high-tech powder coating workshop, specialized only for the engineering industry. Also new laser cutting, welding and other equipment will be installed. The total estimated costs for the project are 4,06 million Lat, of which 2,23 million will be co-financed by the European Union and the loan for the upfront payment will be provided by DnB Nord Bank. In June, 2011 construction works started and will be concluded in February, 2012. The construction works are carried out by SIA “Ostas Celtnieks”. The land plot for the new production plant is rented out by Ventspils Fee Port Authority.

The owner of SIA “Malmar Sheet Metal”, Mr Dorsan Dominique Jean Camille Be Buyssher, stressed that the decision to open a production plant in Ventspils was made mainly because of the shipping line connections between Ventspils and Germany and Ventspils and Sweden. Every week, 200-250 tons of metal are being transported to several European countries through the shipping terminals of Ventspils and about 150 tons of complete products are being shipped to Europe from Ventspils. At the beginning of this year the company employed 52 people, but this August already this number will be increased to 80.

SIA 'Malmar Sheet Metal” was established in April, 2006 and is a daughter company of Belgian “Cormetallis NV”. SIA “Malmar Sheet Metal” is active in the field of metalworking for the mechanical engineering sector and produces several parts for the body works of specialized trucks and buses. At present the production plant is situated in a temporary leased Soviet era building and production goes on 24 hours a day, 7 days a week.