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Wednesday, 21.10.2026, 23:59
Grigiskes and Medienos Plausas enter into contractual obligations
Danuta Pavilenene, BC, Vilnius, 07.10.2011.
Print version
Print versionThe Lithuania-based paper processing company Grigiskes and Medienos Plausas, the company in bankruptcy, have signed a lease agreement on October 6 for production line of soft wood fiber board, or softboard.
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Grigiskes plans to sell over 1,000 square meters of softboard products per month produced by this line, Grigiskes reports to NASDAQ OMX Vilnius.
The day of expiry of the lease contract is the day of sale, transfer or return of the mentioned equipment according to the Enterprise Bankruptcy Law of the Republic of Lithuania, informs LETA/ELTA.
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