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
Business to get a break under streamlined EU VAT rules.
more »
Thales UK`s naval business has yesterday signed a major sub-contract with Finning (UK) Ltd for the supply of propulsion engines and machinery for its new Lithuanian warship reactivation programme.
more »
The EU Budget 2009 provides more money for growth, the environment, jobs, research and food aid for developing countries.
more »
On day one of the World Economic Forum in Davos, the mood of this traditionally bullish event -- pure gloom.
more »
In December 2008 against December 2007 the turnover of retail trade enterprises decreased by 8.8 per cent.
more »
Mexican financial institution Banco Santander has awarded Wincor Nixdorf AG a contract to service all 4,000 of its ATMs installed in Mexico.
more »
Wincor Nixdorf AG spent much of its time at this year's Wincor World demonstrating how Wincor Nixdorf can support financial institutions and retailers through innovation.
more »
South Korea may be feeling the chill wind of recession but the country's lucrative gambling industry is cashing in.
more »
Modest revenue growth despite difficult economy; announces cost management initiatives.
more »
Tens of thousands of export firms on China's seaboard have closed due to falling demand in major European and North American markets.
more »