The company invested nearly EUR 3 mln. into the new factory. So far, using its old premises, the company would make 8 minibuses per month. It is expected to make up to 30 minibuses per month in the factory.
The company expects to increase its sales incomes up to EUR 20 mln. next year, tapping into the new expanded capacities. Investments into the new factory should be recouped in 5 years.
In 2014, Altas Commercial Transport won a Lithuanian Product of the Year 2014 gold medal in the machinery and equipment industry group with the product - low-floor city bus Mercedes-Benz CityLine.
ALTAS business group consists of more than 20 companies in Lithuania, Latvia, Estonia and Poland.