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Minister of Economic Affairs and Communications and representatives of Enterprise Estonia visited Krimelte

01.05.09

On Monday, 25 May, Krimelte hosted Minister of Economic Affairs and Communications Mr Juhan Parts and a team from Enterprise Estonia, including Chairman of the Board Mr Ülari Alamets, Member of the Board Mrs Maria Alajõe, Director of the Enterprise Capability Division Mrs Pille-Liis Kello and Mr Toomas Molok from the Export Division.

The aim of the meeting was to see how Krimelte as a leading exporter in Estonia is doing, how production has been set up, what Krimelte thinks about the current economic conditions in Estonia and what ways Krimelte envisions for boosting our economy and export, above all.

In April, the Prime Minister of Estonia Mr Andrus Ansip also visited Krimelte, in order to meet the management of Krimelte and discuss the country’s export policy and how the state could help exporting companies in the current economic environment.

Prime minister Andrus Ansip paid a visit to Krimelte

02.04.09

On Tuesday, 14 April Andus Ansip, the prime minister of the Republic of Estonia, visited the factory of Krimelte and met the managers of the company.

The prime minister met the members of the Management Board of Krimelte in order to ask how the company was doing, to discuss the country’s export policies, and the problems and challenges of the companies exporting their goods in today’s complicated economic environment. “It is good that there are such companies as Krimelte and ABB in Estonia, which export billions of Estonian kroons worth of goods from Estonia. Exporting is important and, for this reason, the support programmes of the state need to focus more on those needs that might arise when the exporting companies are entering new markets,” Ansip noted. 

The prime minister met the members of the Management Board of Krimelte in order to ask how the company was doing, to discuss the country’s export policies, and the problems and challenges of the companies exporting their goods in today’s complicated economic environment. “It is good that there are such companies as Krimelte and ABB in Estonia, which export billions of Estonian kroons worth of goods from Estonia. Exporting is important and, for this reason, the support programmes of the state need to focus more on those needs that might arise when the exporting companies are entering new markets,” Ansip noted.

In addition, the prime minister was taken on an excursion in the factory of Krimelte where Jaan Puusaag, the Chairman of the Management Board of Krimelte, introduced the prime minister the production process of building foams and joint sealants.

“The prime minister’s visit is a great compliment and honour to Krimelte and I am glad that, in these difficult times, the prime minister of Estonia has decided to communicate personally with the exporting companies in order to find solutions,” said Puusaag commenting on the prime minister’s visit.

Krimelte exports 95% of its products to more than 30 countries. Among others, the products of the company are exported to such countries as Great Britain, Ireland, Norway, Sweden, Finland, Romania, Croatia, Spain, Germany, the Ukraine, Japan and Russia.  In 2008, the Czech Republic and Slovakia and in 2009 Poland were added to the already existing export markets.

The newest products in the product range of the company include epoxy putties called PENOSIL Premium FastFix meant for fast repairs and the adhesive foam called PENOSIL Premium Polystyrol FixFoam meant for the fixing of insulation boards.

The consolidated sales turnover of the Krimelte Group in 2008 was 1.013 billion Estonian kroons, having increased by almost 16 per cent in one year.