SWEDES TO INVEST LTL 6.4 MILLION IN GARLIAVA
Swedish company Pelly Intressenter is investing LTL 6.4 million in modernisation of the production of cloakroom and warehouse systems in Garliava and intends to create 25 jobs. Up to 1.48 million is planned to be allocated for project implementation from the European Union Structural Funds.
“We are expanding production, we will modernise the factory and produce wire-based placement systems, as we have won a tendering procedure for the supply of a new product of one large international company. The work of Invest Lithuania has helped Pelly Intressenter management to take the decision to expand production in Lithuania rather than in its divisions in other countries,” Virginijus Jukna, Managing Director of Pelly Baltic, has said.
According to Mantas Nocius, Managing Director of public agency Invest Lithuania, this investment is also very important as new jobs will be created in the region. “The investment will strengthen the company in Lithuania and this will help to successfully compete with this company’s divisions in other countries for future concentration of production in our country and creation of new jobs,” Nocius has said.
Established in Garliava at the end of 2005, Pelly Interssenter plans to hire additional engineers-technologists, electricians, smiths, equipment setters, powder coating and packaging specialists.
Letters of intent on investments important to Lithuanian cities and regions have recently been signed. A letter of intent with Danish company Danspin intending to invest over LTL 40 million in a carpet yarn spinning factory in Raseiniai and create about 200 new jobs in Lithuania was signed in May this year.
