Joint projects

Bosch und Siemens Hausgeraete, the biggest producer of household appliances in Europe started cooperation with Lithuania’s Snaige – the biggest producer of fridges in the Baltic States. Both companies have exchanged visits and plan to implement two joint projects, however, they did not yet specify the details of the projects. “We have already started one project and are are still preparing for the second one,”, said Mr.A.Andriulionis, Director General of Snaige. Snaige exports more than 90% of its products and expect sales to reach EUR 60 million in 2002. Bosch und Siemens Hausgeraete has 40 factories in 15 countries in Europe, Latin America, Asia and the USA.