AB „SNAIGĖ“ - NASDAQ OMX Baltic

Consolidated annual report for year 2008
RF 390-4703 and RF 390-5703 are the variations of RF 390 with a valve-operated freezing system. Those
freezing system is much more progressive than the products with two-compressors freezing system.
A one-compressor system is exceptional for the following reasons:
1. the temperature of the refrigerator and the freezer can be adjusted with the accuracy of one
degree in each separate freeze chamber;
2. a one compressor freezing system with a switch valve consumes less electrical power than the
refrigerators with two compressors system;
3. the refrigerator or the freezer chamber can be switched off and used independently from each
other.
Both chambers of RF 390-5703 can be manually operated independently from each other. Added value is
provided to the RF 390-4703 by electronic control system, low energy consumption and convenient details.
RF 390, RF 360, RF 315, RF 310, RF 300, RF 270 new design refrigerators “Ice Logic”
In 2004 a trend of angular domestic appliances has been observed. Besides, technical and energetic
requirements are rapidly increasing, which are not possible to satisfy by the current design of the “Snaigė”
refrigerators. Therefore presently the new refrigerator design is being developed, complying with the
mainstream trends and the existing and prospective requirements.
The idea of new design was created in 2004, which encompasses all three versions listed below:
· the door is mounted up to the top of the refrigerator, and control panel is mounted under the door,
on the upper angle;
· the upper part of the door includes a window, where the control panel can be seen;
· the door is mounted with the additional finishing plate, where the control panel is mounted.
The construction basis of all the variations is the same: the side panels are mounted up to the top, thicker
insulation, updated internal chamber design and construction. Internal illumination is ensured in the upper
part, and the shelves are mounted in the special formed grooves. Various handles may be used with this
design (vertical, horizontal, integrated), which further enhances the choice of the available variations.
Investments into new technologies of AB “Snaigė” amounted to 1.38 mill. LTL in 2005. New progressive
technologies were implemented in the company, which enlarge production capacity, comply with the
environmental requirements, improve quality of the products and work conditions. Within the process of
development of new products new technologies were implemented and the existent ones improved.
Main investment projects in 2006:
According to investment programs in 2006 the further development of 6 models of new-design RF twofreeze-chambers
refrigerators was continued. The development will not only provide with the renewed
design, but will also create the base platform for the new generation refrigerators allowing reaching higher
energy efficiency.
To allow production of the new design refrigerators, the connective components production line was
modernized, two new moulding machines were purchased, 30 moulding forms, 27 stamps, 13 sets of vacuumforms,
6 sets of punches PPU, 5 sets of forms PPU, were manufactured, helium regeneration system and
aluminium tubes cutting line were modernized.
In 2006 total amount of 7,189 thous. LTL was invested into development of new products.
In addition to that, during 2006 existing technologies were modernized and new ones implemented – glue
covering of Al vaporizer sheets instead of using double-side glue-type, isolation of filled-up PPU,
modernization of case and door painting-repairing line, centralization of nitrogen supply using nitrogen
production generator, and other improvements. Investments of 3,299 thou. LTL where maid toward
technology development and production support
Prepared by UAB FMĮ „Orion Securities“ p. 32