The main activities of AS “VEF Radiotehnika RRR” in 2017 were:                                                                                               

1.   Real estate renting services;                                    

2.   Purchase and sales of acoustic systems and their enclosures.                                                               

New types of activities have not been performed. In the future it is planned to restore acoustic systems development, organization of production and sales.     

Operations of the Company during the reporting year

Reporting year results of the Company are the following: 

      Result before extraordinary items and taxes: 1 389 029 EUR                       

      Net result:  1 389 029 EUR                                                                                                                                                                                        

Net turnover in 2017 was EUR 459 570.

As at 30 June 2017 the Company's current assets exceed current liabilities by EUR 18 661.