Cipax Eesti AS is a production company mainly engaged in manufacturing plastic products by a rotation method. The company is owned by the XANO Group in Sweden.
In 2014, the company’s sales revenue amounted to 8.6 million euros, which was 2.9% higher compared to 2013. The largest export country was Sweden where the company made sales for 5.7 million euros worth. Finland and Poland were next in line.
The projected sales revenue for 2015 was 6.6 million euros. One of the reasons was the Group’s decision to move part of the production to Poland. In 2014, the company had 66 full-time employees.