Swedish company “AssiDoman” has purchased a 4 hectare plot of land for the construction of a corrugated cardboard packaging production plant near the Vilnius-Kaunas motorway.
Published:
17 September 2001 y., Monday
The construction of the new plant will begin in mid 2002. It will produce different corrugated cardboard products including packing material, pallets, advertising stands, etc. In four years, 200-300 new jobs will be created in the plant.
“If the Swedes plan to build a new factory in Lithuania, they consider that our market is very promising”, says Henrikas Vitkus, Prezident of “Lietuvos Tara” - one of the competitors of “AssiDoman” in Lithuania. In Europe 35 kg /per capita of corrugated cardboard are produced, whereas the figure for Lithuania is 10kg. “If the production of furniture and fish products increases, the demand for corrugated cardboard will also increase”, says Henrikas Vitkus.
“AssiDoman” is one of the biggest Swedish companies specialising in cardboard and paper production and in wood processing. The company employs 18,000 people and has an annual turnover of EUR 3 million. Its Lithuanian office now employs 70 people.
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has authorised under EU state aid rules a €550 million capital injection and a €400 million guarantee in favour of the Austrian bank BAWAG. P.S.K. The Commission found the measures to be in line with EU state aid rules.
more »
EUROSTAT has reported that the sharpest annual decrease in hourly labour costs of -10.9% was observed in Lithuania in the 3rd quarter of 2009.
more »
Statistics Lithuania informs that, according to the Labour Force Survey data, the number of the unemployed in III quarter 2009 made 228.1 thousand.
more »
What has come to be termed as the "Great Recession" seems to have come to an end in the third quarter of 2009.
more »
The European Commission has authorised, under EU State aid rules, a measure adopted by Lithuania to limit the adverse impact of the current financial crisis on exporting firms.
more »
The schedule of Vilnius International Airport (VIA) is supplemented with 3 more new directions; the airline company airBaltic starts regular flights to Paris today, to Munich tomorrow, and to Berlin on Monday.
more »
The Governing Council of the European Central Bank (ECB) has decided to start the main construction works for its new premises in spring 2010.
more »
AB Bank SNORAS was granted the award from NASDAQ OMX Baltic Stock Exchange for the jubilee 15-year listing of the bank’s shares on NASDAQ OMX Vilnius Stock Exchange.
more »
Parex banka has established a subsidiary, SIA NIF, which will professionally manage assets that are not related to the Bank’s core business.
more »
Mariann Fischer Boel, European Commissioner for Agriculture and Rural Development, today put forward a plan to ensure that Greece will put in place the systems necessary to allow EU aid payments to be made to farmers.
more »