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 launched "The ocean of tomorrow " call for research proposals. Oceans cover about 70% of the Earth's surface, but human activity is increasing environmental pressure on them.
more »
The EBRD is stepping up its support to the real economy in Georgia with new funds for on-lending to local businesses.
more »
Lithuania’s Ambassador to Germany and Special Representative for EU External Relations in the German Foreign Office discussed the situation regarding the decision of private credit insurance company in Germany Euler Hermes to apply the rating of a maximum risk country for Lithuania.
more »
Peter Reiniger Business Group Director for Central Europe and the Western Balkans from the European Bank for Reconstruction and Development visited Latvia to sign subordinated loan agreement with Parex banka.
more »
The European Commission has approved 16 programmes in 12 Member States to provide information on and to promote agricultural products in the European Union.
more »
New measures to help farmers through recession as milk prices tumble.
more »
Federal Reserve Chairman Ben Bernanke said the outlook for the long-suffering U.S. economy appears to be improving.
more »
The Swiss Government and the EBRD are providing €11.8 million to improve the supply of water to some 1 million people living in Bishkek, the capital of the Kyrgyz Republic.
more »
The Neighbourhood Investment Facility (NIF), a key instrument of the intensified European Neighbourhood Policy (ENP), will benefit in 2009 from a €70 million contribution by the European Commission.
more »
In response to the impact of the global crisis on the Romanian construction sector, the EBRD is supporting Lafarge Ciment (Romania) S.A. with a €20 million loan in Romanian lei to finance the company’s operations and to support its working capital requirements.
more »