Name: AS “Valmieras stikla šķiedra” Core business: Production of glass fibre Auditor: KPMG Baltics Date of listing: 24.02.1997. (I-list); from 21.05.2007 Baltic Secondary List Market: Nasdaq Riga
Supervisory Board: Heinz-Jürgen Preiss-Daimler (Chairman), Jöran Pfuhl, Andris Oskars Brutāns, Stefan Preiss-Daimler
Management Board: Stefan Jugel (Chairman), Andre Heinz Schwiontek, Doloresa Volkopa*, Ģirts Vēveris
*until June 1, 2019, more information here. Background information:
Valmieras stikla šķiedra, AS and its subsidiaries (hereinafter – Valmiera Glass Group or the Group) is one of the leading glass fibre manufacturers in Europe, with more than 50 years of experience in fiberglass production. Valmiera Glass Group's core business areas are glass fibre research, glass fibre product development, production and trade.
Valmiera Glass Group is the only group in the world with a vertically integrated structure and a wide range of glass fibre products for the thermal insulation market with a temperature resistance up to 1250°C.
The Group’s holding company Valmieras stikla šķiedra, AS specializes in manufacturing glass fibre and glass fibre products using three different types of glass: E-glass with a temperature resistance of 600+°C, HR-glass with a temperature resistance of 800+°C and SiO2-glass with a temperature resistance of 1000+°C. The glass fibre production of Valmieras stikla šķiedra, AS is used for further processing, in technical (electrical, thermal and acoustic) insulation materials and as finished materials in mechanical engineering, construction, and elsewhere.
The subsidiary Valmiera Glass UK Ltd. produces fiberglass products for the aviation industry, thermal insulation and architecture, while P-D Valmiera Glass USA Corp. produces non-woven glass fibre materials or glass fibre mat, which are most commonly used as thermal and acoustic insulation materials in the automotive industry, shipbuilding, power plants, construction, production of household appliances, etc.
All the companies of the Valmiera Glass Group operate in accordance with the Quality Management System Standard ISO 9001. The parent company of Valmiera Glass Group, AS Valmieras stikla šķiedra, is certified in accordance with the requirements of Energy Management Standard ISO 50001 and Environment Management Standard ISO 14001:2004.
Nasdaq Baltic is a common name for the companies and exchanges/regulated markets operated by Nasdaq companies in the Baltic States, including Nasdaq Tallinn AS, Nasdaq Riga, AS and AB Nasdaq Vilnius among them and information provided by them hereto.