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RETAL, an international manufacturer of packaging, operates in the Free Economic Zone of the Free Economic Zone (FEZ), RETAL Baltic invests another 4 million. euro This amount should be 4000 sq. m for the construction of warehouses and administrative premises and the installation of a new modern laboratory.
RETAL Baltic was further improved by the successful work of the company. Its representatives estimate that "in the past five years, the company's business turnover has increased on average by 20% per year, reaching a record 44 million this year.
As Anatolijus Martynovas, owner of Retal Industries, owner of the company, says that the successful development is the result of an international experience of 25 years
"For more than 10 years we have been investing our money, our knowledge and experience. Lithuania is a strategically important region for us. RETAL intends to continue to develop and invest in its business, to ensure a stable position in the market, to develop partnerships with customers and to continue cooperation with the best experts in the sector. " 1965-19002 RETAL Baltic UAB and a metallized A-PET film used to manufacture food and other packaging, as well as HDPE bottle caps used to seal PET bottles. Last year, the company produced and sold to customers in the EU and African countries 12 thousand. tons of A-PET film and 2.5 billion. HDPE cartridge units.
In order to grow demand for products in Europe and beyond, the company has already signed a contract for the development of premises.
"The Klaipeda FEZ is ideal for us for many reasons: Lithuania's economic stability is favorable to investment, and the free economic zone contributes to business development and maintains good relations with government institutions All this allows us to achieve excellent results, "says Victoria Jurevičiūtė, managing director of RETAL Baltic
More than 600 specialists work in the RETAL group in Lithuania RETAL Baltic and NEO GROUP operating in Klaipėda – nearly 400, while Lentvaris and Vilnius – have more than 200 employees
The Retal Industries Group, headquartered in Limbadol (Cyprus), employs more than 2,800 people in 23 factories., operating in 12 The products manufactured by the company are delivered to customers in 60 countries around the world.
Retal Industries LTD manages the following companies operating in Lithuania : RETAL Baltic (production of APET and HDPE cartons), as well as the production of high quality packaging: PET preforms, PET films, HDPE cartridges and PET raw materials. RETAL Lithuania and NEO GROUP
NEO GROUP, operating in Klaipėda FEZ, is one of the largest manufacturers of polyethylene terephthalate (PET) pellets in Europe. The company currently employs more than 200 professionals. NEO GROUP is one of the largest companies in the Klaipeda region and one of the largest exporters in Lithuania.
The territory of the Klaipeda ZEL currently has 6 companies related to the plastic and chemical industry. 2017 The annual business figure of these companies amounted to 810 million. Eur. The company's products are exported to the countries of the European Union, Scandinavia, Africa, Russia and Byelorussia. Exports rise to 586 million.
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