Dominari Group CEO Eugenijus Gvalda would not comment on the company's expansion plans, but sources have told the business paper that a foam production unit, construction on which started a year ago, is expected to be launched in December.
Further plans call for building a furniture production unit and a logistics center. With the company's managers speaking about new technologies and a new furniture production direction, further investments might be made after the first stage is completed.
According to information from the Center of Registers, Dominari has been growing at a fast rate in recent years: from 32 million euros in 2011 to a targeted 54 million euros this year. Last year alone, its sales revenue jumped by 29% to 53 million euros.
