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
Nils Melngailis, the Chairman of Parex banka, and Alex M Furber, American Express Vice President in Central and Eastern Europe, agreed to explore further options for co-operation.
more »
Every one of the Taiwan's 23 million population has been given a voucher worth the equivalent of just over 100 U.S.dollars.
more »
Commission cuts economic growth forecast as scale of financial crisis and ensuing global downturn become apparent.
more »
Wincor Nixdorf AG completed the first quarter of the current fiscal year with 7 percent growth in net sales and an 8 percent increase in operating profit (EBITA).
more »
New homes go up in the UK's eastern county of Norfolk. There is also the unusual take on selling new homes.
more »
Announces approximately 4,000 additional workforce reductions, primarily in the Mobile Devices business. Total cost savings from recent actions now expected to be approximately $1.5 billion in 2009.
more »
MasterCard announces organizational changes.
more »
Economic volatility , rising prices and a general pessimism about what the future holds were all opinions voiced in a recent “Eurobarometer” European survey.
more »
Wincor Nixdorf AG says it exceeded its profit goals for fiscal year 2007/2008, which ended Sept. 30, despite a battered global economy and a slight drop in retail sales.
more »
Across the country Australians are expected to spend over 10 billion U.S. dollars in post-Christmas sales.
more »