Latvia: Knauf's turnover up by 15.5% in 2012

Latvian building materials producer and trader, 4441 Knauf, of Germany's Knauf International Group, posted a turnover of LVL 32mn (€45.7 million) in 2012, which was up by 15.5% from 2011. The company's profit increased by 9.5% in 2012. Knauf's major projects in 2012 included the construction of the Latvian National Library; the Rezekne Concert Hall; the Cesis Children and Youth Centre and the Saldus Music School.