Ledinek Engineering, which exports its machinery and production lines for the wood processing industry worldwide, doubled its profit to EUR 3 million last year despite a drop in revenue.
The company employing 180 people saw a 15% decrease in revenue to EUR 37 million in 2019 mainly because of a delay in a delivery of a major project due to problems on the client’s side. The company is working on several major projects this year. It does not expect any major setback due to the pandemic.
