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Peikko Lithuania invests EUR 9 mln in a new factory
BC, Vilnius, 05.09.2017.Print version
Finland's reinforced concrete connections manufacturer Peikko Lietuva has invested more than 9 million euros in a new beam factory in Lithuania's second-largest city Kaunas, informs LETA/BNS.
With an area of 6,000 sq. meters, with the new factory in Petrasiunai is
expected to boost the production capacities of composite beams by 30%, Peikko Lietuva said.
Peikko Lietuva is part of the international Peikko
group specializing in various connections solutions for reinforced concrete and
composite building systems.
In 2016, the company turned over 17.3 million euros in Lithuania.