The main activities of AS “VEF Radiotehnika RRR” in 2018 were:

1. Real estate renting services;
2. Manufacturing of acoustic systems; purchase and sale of their enclosures.

When compared with the previous reporting period, no new main activities have been included.
In the future ,it is planned to restore acoustic systems development, organization of production and sales.

Reporting year results of the Company are the following:

In 2018, the Company delivered its products and services for its customers abroad, incl. Hungary, Italy, Russia, Estonia , the respective markets development activities are implemented by our highly-skilled sales and distribution specialists.

Thus, the management of the Company considers that it is appropriate to design its Financial Statement for 2018 on an ongoing concern basis.