Business Model
As registered in the State Enterprise Register of Latvia as of October 2, 2024
Legal Structure and Operations
SIA DroTurKõrg Baltijas Grupa is the official exclusive authorized distributor of KLEEMANN in Latvia and Estonia. The company operates under Latvian Commercial Law (Registration No. 40103977394).
Corporate Governance
Board of Directors led by
by Chairman Jānis Rullis
Executive Board members
Erbs-Redisons Juris and Valērijs Petrovs
Procurator
Mindaugas Vilkelis (independent representation rights)
Core Business Activities
Distribution and Services
Market Coverage
– Primary: Latvia and Estonia (direct operations)
– Strategic: Lithuania (through partnership)
Revenue Structure
- Equipment sales and installations
- Service contracts and maintenance
- Modernisation projects
- Spare parts and after-sales support
Financial Framework
- Share Capital: €45,000 (45,000 shares)
- Required Investment: €1.60 million
Financing Options and Payment Structures
Equipment Leasing Programme
Term: 36-60 months
Rent-to-Own Scheme
Contract duration: 24/48/60 months
Bank Financing
Term: up to 84 months
Crowdfunding Platform
- Project-based funding
- Maximum funding period: 36 months
Additional Service Benefits
Equipment insurance included
Extended warranty options
Maintenance contract discounts
Energy efficiency certificates
Technical support package
Risk Management Framework
Operational Risks
Quality control procedures
Supplier diversification
Professional indemnity insurance
Performance bonds and guarantees
Financial Risks
Currency hedging mechanisms
Credit risk assessment procedures
Working capital management
Contingency reserves
Legal Compliance
The business model adheres to
Commercial Law of Latvia
EU Directive 2014/33/EU on lifts
Local building regulations and safety standards
Consumer protection legislation
All financing options and operations are conducted in accordance with Latvian financial regulations and EU directives. This business model is designed to ensure sustainable growth while maintaining compliance with all applicable regulatory requirements and industry standards.