One of the largest furniture manufacturers in Lithuania, the company "Vilniaus Baldai" has a new 50 mln. will build a factory worth XNUMX euros in the Trakai district, near the Vilnius-Druskininkai road. The company purchased two plots of land in the village of Guopsti for the purpose of industrial and storage, as well as communication and engineering networks.
Plots with a total area of 18,5 ha belong to the company "Trenduva" - it was sold to "Vilniaus baldai" for 2,5 thousand. purchased from its shareholder company "Invalda privatus kapitalas", which owns 86% of shares. According to the company's announcement, 100 percent The purchase price for Trenduva shares is fair and the transaction itself is in line with the market.
In the opinion of the Audit Committee of Vilniaus Baldai, the transaction for the acquisition of Trenduva shares is concluded under market conditions, is fair and reasonable in relation to Vilniaus Baldai and its shareholders, who are not parties to the transaction, and the price of Trenduva shares, taking into account the financial indicators of this company , can be assessed as reasonable and correct", "Vilniaus Baldai" reported on the "Nasdaq" Vilnius Stock Exchange.
"Vilniaus baldai" announced at the end of April that it will invest 3 million in the next 50 years in a new factory. euros, will create 100 new jobs. The company will upgrade technology and increase production after signing a long-term contract with its biggest customer, Swedish furniture retailer Ikea.
Rimantas Vaitkus, CEO of Vilniaus Baldai, told BNS at the time that part of the production lines from the current company and all workplaces will be moved to the new factory. Now "Vilniaus baldai" operates in two locations - Savanorių prospekt and next to it in Zemeųi Paneriai.
About 99% of Vilniaus Baladi's sales to Ikea of all sales.
"Vilniaus Baladi" shares are quoted on the "Nasdaq" Vilnius Stock Exchange's Additional Trading List.
