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 approved, under EC Treaty state aid rules, an Italian framework temporarily adapting certain existing risk-capital schemes to increase companies' financing possibilities during the current economic crisis.
more »
The European Commission has authorised, under EC Treaty state aid rules, a Maltese measure to help businesses to deal with the current economic crisis.
more »
We're making progress. That's the word from Treasury Secretary Tim Geithner about settling the financial markets.
more »
According to a new report released by NextGen Research, global markets for financial kiosks and enhanced ATMs will grow at a compound annual rate of 9 percent, to include more than 186,000 financial kiosks and nearly 2.5 million ATMs by 2013.
more »
Non-farming Latvians are buying pigs to beat the economic crisis.
more »
Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously.
more »
In the construction sector, seasonally adjusted production1 decreased by 1.0% in the euro area2 (EA16) and by 2.1% in the EU272 in March 2009.
more »
Between 2000 and 2008, EU27 trade in goods with Russia more than tripled in value, with EU27 exports to Russia rising to 105 bn euro in 2008 from 23 bn in 2000.
more »
The European Commission has launched today a call for proposals covering key energy infrastructure projects such as energy interconnections, offshore wind energy and carbon capture and storage as part of the implementation of the EEPR.
more »
During its plenary session on 13 May 2009, the European Economic and Social Committee adopted a key opinion on responding to the crisis in the European automotive industry.
more »