Automation of SIA EHT FABRIK’S Production Process

About this project

<p style="text-align: justify"><span style="font-size: 12pt"><span style="font-family: &quot;Times New Roman&quot;, serif"><span style="font-size: 10pt">The aim of the project is to automate the production process, with the manufacture of new products and improved production performance, thus making SIA </span><span style="font-size: 10pt">EHT FABRIK</span><span style="font-size: 10pt"> more productive and competitive.</span></span></span></p> <p style="text-align: justify">&nbsp;</p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Under the auspices of the project, the following activities are planned:</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">1. Acquisition of new machinery;</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">2. Measures related to the introduction into production of a new product and technology.</span></span></span></span></p> <p style="text-align: justify">&nbsp;</p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: &quot;Times New Roman&quot;, serif"><span style="color: rgba(0, 0, 0, 1)"><span style="font-size: 10pt">As a result of the project, the enterprise will acquire two automated production machines: a high-precision robotic bending press and welding robot in order to be able to offer metal components on the market and metal housing with high precision and assembly requirements, directly to companies in the electronics and optical industries. Automated production processes will ensure that production processes are repeatable, in accordance with the high set requirements, as well as providing the required volumes for 1‒5000 units consumed in Europe. </span></span></span></span></p>