YIT to build warehouse for furniture manufacturer CJSC Freda IV in Kaunas, Lithuania

  • 2024-02-20

YIT and CJSC Freda IV, one of the largest furniture manufacturing companies in Lithuania, have launched the construction of a new furniture warehouse in the rapidly developing Kaunas Free Economic Zone (FEZ) in Lithuania. The contract is worth approximately EUR 39 million and is included in the order book reported for 2023.

The site is scheduled for completion in the first quarter of 2025. The building will have a total surface area of approximately 60 000 m2 and the warehouse is planned to have an energy efficiency class of A++. In addition, solar panels will be installed on the roof of the warehouse. An above-ground car parking lot is planned to be build next to the warehouse for 145 cars and 50 trucks.