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MEDZES COMPONENTS – ANNUAL REPORT 2020

MEDZES COMPONENTS – placed right outside of Liepaja in Latvia – has released the Annual Report 2020.


The Annual Report shows an increase in turnover. Significant investments in new machinery in the past years combined with a big effort to deliver as promised at a competitive price level resulted in an increase in orders in 2020.


The outlook i 2021 is positive as well. “We are ready to continue our growth in 2021. This includes our investments and effort towards getting more efficient. The result in 2020 provides us with a great opportunity to continue our mission”, says CEO Jesper Rasmussen.

“Q1 has met our expectations as well, even though we see a significant increase in purchase prices of steel. This is a challenge, that we have to face in a close dialogue with our customers”, continues CEO Jesper Rasmussen.


MEDZES COMPONENTS is a producer of primarily steel components. The factory has the capabilities and business processes to design, produce, paint and deliver various of steel goods to all of Europe. One of the specialities is design and production of parts as well as finished goods within the office furniture market. As an example the factory produces and delivers more than 50.000 height adjustable tables.




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