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AB „SNAIGĖ“ - NASDAQ OMX Baltic

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Consolidated annual report for year 2008<br />

624,6 thou. LTL were directed towards production technical support program. The company acquired:<br />

guillotine shears, electric forklifts, and stand-pressure measuring instruments for calibration, equipment, other<br />

equipment and tools.<br />

Total 2008 investments were equal to 3,281 mln. LTL.<br />

2009 main investment projects<br />

The investments in 2009 should reach not more than 1,8 mln. LTL. These investments will be for the current<br />

technical base efficiency maintenance. The investments will be financed from company’s working capital.<br />

2.9.13 Environment report<br />

<strong>AB</strong> „Snaige“ is one of the most advanced manufacturing companies of Lithuania in the field of environment<br />

protection. Our vision – ecological products, clean technology and clean environment.<br />

The activities of the company are regulated by environment protection management system, which complies<br />

with international ISO 14001 standard requirements. The system is working since 1995, and last year<br />

certificate bureau Bureau Veritas Certification Lietuva has extended the validity of the system for additional<br />

three years.<br />

When developing a new product, the company gives a priority for the manufacturing processes which save<br />

raw materials, for safe transportation, waste elimination and quality of products. In manufacturing the<br />

company tries to use materials which later can be recycled. The company complies with European Parliament<br />

and European Commission directive 2005/32/EB, which regulated design of the products.<br />

“Snaigė” refrigerators are manufactured from ecological materials which do not have any harmful elements.<br />

For example, every plastic part of a refrigerator is marked (according to ISO), so that it can be reused one<br />

more time, recycle according to directive 2002/96/EB describing electrical and electronic equipment waste<br />

requirements.<br />

Technological product surface coating process is ecologically clean: solid covering and drying with natural<br />

gas is used. Cooling system is filled with natural cooling gas R600a, which do not deteriorate ozone and for<br />

insulation of the refrigerator no harmful ciklopentane is used.<br />

The major part of the <strong>AB</strong> „Snaige“ products are of highly power efficient class A and A+. Such refrigerator<br />

consumes up to 30% less electricity per year than other typical refrigerators.<br />

When buying refrigerators, customers are provided with information related to environment protection. It is<br />

advised, how to install, maintain a product so that it is used as long as possible and the impact on<br />

environment would be diminished. In addition to that, it is indicated how to utilize the product after it is no<br />

longer usable.<br />

Recycling companies are provided with information about dismantling of no longer usable products and their<br />

utilization.<br />

The company has old refrigerators utilization system. Starting with 2006 the company started to utilize large<br />

electric household equipment – refrigerators and fridges – waste.<br />

<strong>AB</strong> „Snaige“ fully complies with the requirement of Kyoto protocol about the global warming and climate<br />

change. Materials used in manufacturing do not deteriorate ozone and do not ad to global warming.<br />

The company saves electricity, water, heat: during decage the usage of these energy sources was decreased by<br />

three times.<br />

Prepared by U<strong>AB</strong> FMĮ „Orion Securities“ p. 35

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