Some 100 new jobs expected in Taurage industrial park in 2016 in Lithuania
2016-01-18, 18:49
Published in
Economy
BFL / Sarunas Mazeika
The Taurage Industrial Park (TIP), in Western Lithuania, in 2015 failed to find any new investors. However, it is now holding talks with several potential investors from Scandinavia, which plan to settle down in Taurage in 2016, the Verslo Zinios business daily reports on Monday citing Darius Stankus, TIP business development manager. He estimates that approximately 100 new jobs will be created in the industrial park this year. Sweden's industrial giant Trelleborg Group has recently announced plans to invest another 350,000 euros in Trelleborg Sealing Profiles Lithuanian, its Lithuanian unit located in the TIP. It is planned that the investment will double the output of the unit, which has 46 workers.
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