Published: 2019-02-22 09:34:12 CET
Vilniaus Baldai
Notification on material event

Update: VILNIAUS BALDAI AB subsidiary has signed construction agreement

VILNIAUS BALDAI subsidiary company Trenduva UAB has signed the construction agreement with Conresta UAB for construction of a production building. New factory will be located in Trakai region, Guopstai. The works of construction will be started in 2019 IIQ. Completion of the works is scheduled for 2020 IIQ.

By the end of 2021 VILNIAUS BALDAI plans to invest up to 53 million EUR in the construction of new production and warehousing facilities, equipment, technologies and development of the production base.

Additional information:
Chief Financial Officer
Edgaras Kabečius
Phone No.: +370 (5) 252 57 00