Kitron to Triple Turnover of its Electronics Plant in Kaunas
Published:
1 August 2003 y., Friday
Kitron group, one of the leading electronics manufacturers in the Nordic countries plans to triple the turnover of its Kaunas-based factory by moving more orders to Lithuania from Kitron’s subsidiary companies, as it is very satisfied with the quality of work in Kaunas.
Kitron’s plant in Kaunas is targeting a EUR 15 million turnover in 2003, up from EUR 4.4 million in 2002.
At present the Kaunas factory produces high-quality ultrasound heart scans, rehabilitation devices for disabled people as well as industrial electronic equipment (anti-theft systems for cars, components for military application, etc.)
Kitron plant in Kaunas is planning to specialise in the production of medical equipment in the coming years
In 2002 Kitron’s investment in its Kaunas plant was EUR 3.6 million.
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
On 22 of June this year, the board of the newly established company of AB Bank SNORAS - UAB “SNORO Media Investicijos” - made a decision to invest in the shares of UAB “Lietuvos rytas” and to acquire 34 per cent of the authorised capital of the company.
more »
The Banker's Exchange is joining forces with Chicago-based Intergam Logistics as part of a global expansion initiative into the ATM support market.
more »
Lisbon treaty and financial supervision dominate debate at EU summit.
more »
In the most sweeping financial reform proposal since the Great Depression, President Barack Obama unveiled plans to overhaul the U.S. financial regulatory system, saying the events that led to the U.S. financial crisis make the proposed changes necessary.
more »
Due to the rising concerns on a possible disruption of Russian gas supplies to Europe coming through Ukraine, the Commission has chaired a meeting of the Gas Coordination Group to assure a stronger EU coordination and to secure energy supplies to European citizens.
more »
Mexico signs an agreement with Google to help revive tourism at its historical sites, after the swine flu epidemic.
more »
The recession could hit working women harder than men, an EU study warns, underscoring persistent disparities between the sexes in the European labour market.
more »
The first 4 months of 2009 saw 25 percent more FBI background checks on prospective firearm buyers compared to the same period last year in US.
more »
AS “Latvijas Krājbanka”, managed by AB Bank SNORAS, was presented with the annual prize of Deutsche Bank AG, one of the largest European banks, for the excellent quality of the outgoing payments.
more »
Danske Bankas has made another increase in the interest rate for fixed-term deposits in litas for both private and corporate clients.
more »