At the beginning of 2018, UPB established the digital solutions company SIA ALTO 4.0, in June it set up a new engineering bureau in Lithuania, and in turn, at the end of the year, it acquired the engineering bureau Būve un Forma. Major investments were made in order to expand the factories and technologies, and several research projects were undertaken to facilitate the development of innovative products.
UPB group’s consolidated net turnover in 2018 reached 197 million euros. The main focus in the development of the group was on the creation of a novel product, construction of increasingly larger objects, as well as constant digitalisation and automation of the engineering, manufacturing and construction processes.
RK Metals is a part of UPB Group.
Full Annual Report 2018: https://issuu.com/as_upb/docs/phpma4sve