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MG Valda to invest EUR 14 mln in Apranga's new office and logistics center in Vilnius
BC, Vilnius, 23.01.2017.Print version
Apranga, the Baltics' leading clothing retailer that is controlled by MG Baltic, is building a new office and logistics center in the northern part of Vilnius, close to the city's new western bypass, with MG Valda, the developer of the Vilnius Business Park where the center will be located, set to invest 14 mln euros in the project, writes LETA/BNS.
Apranga CEO Rimantas Perveneckas confirmed that new
buildings were under construction for the company. He promised to provide more
information later.
The Apranga Group's
new administration and logistics center is being built "at a
strategically-convenient location that provides good connections to other
Lithuanian cities and towns and allows mapping out further development
opportunities," Sigita
Survilaite-Mekioniene said in a press release.
Construction on the 15,000-square-meter complex, which will
accommodate nearly 200 employees of the Apranga
Group, started in late 2016 and is planned to be completed at the end of
this year.
Apranga is
currently based in Vilnius' Paneriai neighborhood, close to the city's southern
bypass.