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Wednesday, 24.04.2024, 06:36
Espak eyeing new packaging plant in Estonian Viljandi
According to Espak Viljandi CEO Timo Riitmuru, the new building may be completed in a five-year perspective, regional newspaper Sakala said.
As regards the cost of the building, Espak is yet to take offers from contractors.
"As a matter of fact, Espak has been manufacturing packaging in Viljandi for a very long time, now we just want to expand our operations," Riitmuru said, adding that the company intends to move on with its current business of manufacturing packaging to order from corrugated cardboard.
Riitmuru said that while under current plans also the new facility would manufacture for the domestic market to meet local demand, they are eyeing also other markets in the longer term perspective.
While most of the work at the new plant would be done by machines, Espak is planning on hiring additionally from five to ten workers.
According to the CEO, one of the options is for the construction work to be started in one or two years, when the economy is on a sounder footing. The building will be definitely ready five years from now, he said.
Espak, founded in 1991, is a wholesaler and retailer of building materials that also engages in the manufacture of furniture, sealants, wooden homes and packaging, as well as the provision of general contracting and cleaning services. Espak has 17 stores across Estonia.
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