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Thursday, 25.04.2024, 11:24
Germany's Visiotex coming to Kaunas
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The investment has not yet been discussed by the German-Baltic Chamber of
Commerce or Invest Lithuania governmental investment promotion agency, however,
the company's CEO Friedrich Roell
confirmed to the daily the plans of making technical textiles in Lithuania.
"For now, it is only clear that we plan to open a factory and that it
will be in Kaunas. We are preparing for a meeting of the company's advisory
council, which will decide on the size of the investments, therefore, I cannot
give any numbers yet," said Roell.
According to Verslo Zinios,
Swedish-capital company ROL Group,
which owns Statga company in
Lithuania, intends to build a new factory in Siauliai and invest 11.9 million
euros. The smart factory should have staff of 10 highly-qualified specialists,
in addition to 415 people currently employed by Statga.
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