Betonika

Type
Business expansion
Country
Lithuania
Region
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Kauno apskritis
Location of affected unit(s)
Kaunas
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.6 - Manufacture of articles of concrete, cement and plaster
23.61 - Manufacture of concrete products for construction purposes
120 jobs
Number of planned job creations
Job creation
Announcement Date
19 May 2006
Employment effect (start)
1 January 2007
Foreseen end date

Description

Betonika, a company which belongs to Consolis group from Finland – one of the largest manufacturers of prefabricated concrete elements in Europe, intends to build a new factory and create 120 new work places in Kaunas. Consolis group has over 100 factories and operates in 20 countries. Betonika was established to give a foothold in the Lithuanian market for Consolis in 1999 and now it is the only subsidiary in Lithuania. The new factory in Kaunas is planned to be finished at the beginning of 2007.

Sources

  • 19 May 2006: Lietuvos Rytas

Citation

Eurofound (2006), Betonika, Business expansion in Lithuania, factsheet number 63520, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63520.