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PROPERTY, PLANT AND EQUIPMENT
 3 Months Ended
Mar. 31, 2025
PROPERTY, PLANT AND EQUIPMENT [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
NOTE 4 – PROPERTY, PLANT AND EQUIPMENT
 
Property, plant and equipment are summarized by major classifications as follows:
   
March 31,
2025
    
December 31,
2024
  
Land and Building
  
$
71,383
    
$
69,119
  
Technical installation and machinery
    
55,194
      
53,851
  
Plant and office equipment
    
45,948
      
44,395
  
Assets under construction
    
4,415
      
2,346
  
Subtotal
    
176,940
      
169,711
  
Less: accumulated depreciation
    
(106,713
)
    
(101,064
)
Total Property, plant and equipment, net
  
$
70,227
    
$
68,647
  

The Company recorded depreciation expense of $2,845 and $2,846 during the three months ended March 31, 2025 and 2024, respectively.