Last year IKEA bought 60% of all furniture made in Lithuania and will increase its orders for 2004
Published:
22 July 2004 y., Thursday
Last year IKEA bought 60% of all furniture made in Lithuania and will increase its orders for 2004 with expected purchases of Lithuanian furniture for about LTL 1 billion (EUR 270 million).
Vilniaus Baldai, Klaipedos Baldai, Silutes Baldai, Karige, Akmena, Freda, Monda and other Lithuanian furniture producers working for IKEA, are regularly investing into new production equipment and plan a 10-15% growth in 2004.
“Having worked together with IKEA for 5 years we have become interesting for other big clients as well, and we are now negotiating with several possible new partners,” said Viktoras Majauskas, Director General of Vilniaus Baldai.
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The Gas Coordination Group, chaired by the Commission, met this afternoon to analyze in detail all elements of the preparedness of the EU and the Energy Community for a potential supply disruption in the Winter 2009/2010.
more »
In a meeting of the European Bank Coordination Initiative Group, held in Brussels, the parent banks of the nine largest banks operating in Romania reaffirmed their commitment to maintain their exposure to the country and ensure adequate capital levels over 10 percent for their affiliates.
more »
Airline airBaltic has informed of its plans to resume some flights from Vilnius International Airport before the end of this year.
more »
The European Commission has approved under EC Treaty state aid rules the restructuring plan of Lloyds Banking Group.
more »
"Finance and climate change" was under discussion at a 10 November hearing in parliament's Industry, Research and Energy Committee.
more »
The International Monetary Fund announced today the sale of 2 metric tons of gold to the Bank of Mauritius, the nation’s central bank.
more »
The euro area economy grew by 0.4% in the third quarter. Is the crisis over?
more »
After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established.
more »
From 16 November 2009, AB Bank SNORAS network starts providing new products – one can sign agreements of “Finasta Asset Management” II level pension accumulation funds in all subdivisions of the bank.
more »
The expected turnaround in the Baltic Rim economies is likely to gradually improve the business opportunities for Nordic companies operating in the region.
more »