AS “Valmieras stikla šķiedra” Among the Top 50 in Corporate Reputation Top of Latvian Enterprises

22. June, 2016

AS “Valmieras stikla šķiedra” this year takes 48th place in the overall corporate reputation top of Latvian enterprises, according to the opinion of people and companies. During the past two years, the company has managed to raise its reputation sharply – by more than 50 positions. Within the industry reputation top, AS “Valmieras stikla šķiedra” is ranked No. 3 in the textile industry, as well as recognized as the TOP22 best employer in Latvia. Whereas, according to the company’s export potential, AS “Valmieras stikla šķiedra” is ranked among the TOP16.

“A clear business strategy and goals that are not only set, but also achieved, form the basis of the successful operation of our company. The saying that actions speak louder than words is still true and can definitely be attributed to AS “Valmieras stikla šķiedra”. Our achievements help us leave our heritage. In any country, the top spots in corporate reputation tops are usually taken by brands which are customer-oriented, and it is much harder for industrial and export-oriented companies working in the business-to-business sector to reach the top, therefore it is very pleasing to us that AS “Valmieras stikla šķiedra” has received such a considerable increase of recognition in Latvia”, according to Andre Shwiontek, the President of AS “Valmieras stikla šķiedra”.

For the second year, the reputation of the textile industry keeps its No. 4 rank according to the industry evaluation, and for the third year, a even higher positions are being taken by manufacturers – long-established manufacturers with a strategic look to the future. AS “Valmieras stikla šķiedra”, according to turnover and the number or employees, is the largest company in the industry which has moved up in the reputation top ranks most of all, compared to the last year, thanks to increased turnover, stable profit, high export capacity (98%) and extensive market networks (38 countries). The company jumped 30 positions higher last year, too.

“In recent years, we made significant investments and have expanded our business operations in a very swift and dynamic way. We have established a truly progressive Valmiera Glass Group consisting of AS “Valmieras stikla šķiedra” and its subsidiaries Valmiera Glass UK Ltd. in Great Britain and Valmiera Glass USA Corp. in the USA.   We have also announced plans to expand our production operations in the United States, which is one step in our long-term development process. Our company is a stable and sustainable operator in our market - it is an international export-oriented company seen by others as a serious cooperation partner. We are capable of creating new glass fibre materials, thus changing and influencing developments in various sectors such as the automotive, aviation and chemical industries, and architecture.

To improve our quality and competitiveness, we are constantly investing in the development and growth of our company - in new technologies and products, in the introduction of different quality management systems and in rationalization of processes. Our company participates in various challenging projects of public interest in different countries around the world. It is also active in the field of corporate communications - we cooperate with local communities and different organizations and municipalities, and support different initiatives. Our company can definitely be called a socially responsible company. It is very gratifying that the public also values and appreciates the work of our company”, points out Mr. Shwiontek.