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's activity report 2022

In the year 2021, a significant expansion was witnessed in the operations of Semtec OÜ, a company renowned for its exceptional services in the construction industry. The company broadened its horizons by venturing into new areas of construction, thereby marking a significant milestone in its journey. One of the key areas where Semtec OÜ expanded its operations was the execution of interior construction works. The company took on a variety of projects, ranging from small-scale renovations to large-scale construction projects. The team's expertise in handling diverse interior construction tasks was clearly evident in the quality of work delivered. In addition to interior construction, Semtec OÜ also ventured into the construction of boundary fences and wooden terraces. The company's foray into this niche area of construction was marked by the use of high-quality materials and innovative construction techniques. The wooden terraces constructed by Semtec OÜ stood out for their aesthetic appeal and durability, while the boundary fences were noted for their robustness and ability to withstand harsh weather conditions. Another significant area where Semtec OÜ expanded its operations was the excavation of foundation pits and the construction of foundations. The company's expertise in this area was clearly demonstrated in the precision with which the foundation pits were excavated and the robustness of the foundations constructed. The company's commitment to adhering to the highest standards of construction was evident in every foundation it built. The year 2022 was a financially successful year for Semtec OÜ. The company reported a turnover of 6,46,0 thousand euros, reflecting the company's strong financial performance and its ability to generate substantial revenue despite the challenging economic conditions. The company's successful expansion and strong financial performance in 2022 can be attributed to the leadership of Veiko Vähi, a member of the board. Under his guidance, Semtec OÜ has been able to navigate through the challenges of the construction industry and emerge as a leading player. As of 19th May 2023, Veiko Vähi continues to lead Semtec OÜ with the same commitment and dedication that has characterized his tenure so far. His leadership has been instrumental in guiding the company towards new horizons and achieving significant milestones.