When it comes to expansion, Lithuania's furniture industry thinks big

  • 2005-10-12
  • By TBT staff
VILNIUS - 2005 has been a news blitz for Lithuania's furniture industry. Above and beyond the myriad share transactions that make for an intimidating ownership flowchart, it seems that not a month goes by without an announcement of a grand investment project. The most recent came from Vakaru Medienos Grupe (Western Timber Group), which said it intends to build a 160 million euro chipboard plant in central Lithuania. The enormous facility, which could be operational in early 2008, will help the Baltic state solidify its position as a leading furniture manufacturer in the region. Prior to tha...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section