Lasita Maja AS

Type
Business expansion
Country
Estonia
Region
Eesti; Eesti; Lõuna-Eesti
Location of affected unit(s)
Tartu maakond
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
16.23 - Manufacture of other builders' carpentry and joinery
50 jobs
Number of planned job creations
Job creation
Announcement Date
27 September 2016
Employment effect (start)
1 June 2017
Foreseen end date

Description

Lasita Maja AS, one of the biggest manufacturer of wooden cabins (sheds, summerhouses, saunas, pavilions etc.) in Estonia is expanding its production volume by building a new factory and employing 50 new employees in addition to their current 250 employees in Southern-Estonia. The expansion gives an opportunity to increase their export volume to Europe, mostly to Great Britain and Italy.

The chairman of the board of the company stated that the expansion of the company is not only an investment to the capability of the company but also an investment to the development of Estonian wood products industry and export capability. Wood products are important export articles in Estonia and Lasita Maja exports nearly 98% of its production.

Sources

  • 27 September 2016: Postimees

Citation

Eurofound (2016), Lasita Maja AS, Business expansion in Estonia, factsheet number 88730, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88730.