We inform that regarding to the information sent previously, JSC RIGA ELECTRIC MACHINERY FACTORY has completed the implementation of machinery purchase project „Launch of new electrical engineering products”, within the support program „High value-added investments”.

Total Project investment is 1 441 652,00 EUR.

Total ERDF co-financing is 413 591,20 EUR.

The Project supports modernization and expansion of production that also results in development of new products.