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Published: 07/22/2012 13:21
Rima Rutkauskaits (V) Picture by.
One of the largest international financial institutions, the European Bank for Development and Reconstruction (EBRD), will contribute to the development of the furniture factory Mebelain owned by the Lithuanian company SBA in Belarus. The EBRD and Mebelain have signed a $ 20 million contract for a seven-year plant. Eur. Loan, which will be devoted to the production capacity for the development of new construction and production equipment.
In total, for a total of two years, LTL 29.3 million is planned to increase Mebelain's production capacity. Eur., An article from the SBA press release.
Believing that the production of Mebelain pltr, the factory production capacity will double in size, and sales will eventually reach 70 million. Eur, says Egidijus Valentinavičius, vice-president of the SBA group
The production of the new Mebelain workshops is expected to begin in 2019. end of the year
2013 The Mebelain factory, which operates in the Zone Economic Free (ZFE) of Mogilev oblast, produces furniture in pigmented and varnished natural lacquer. 2017 mons sales amounted to 20 million. Eur and was 38.7% higher than in 2016. Demand in major markets is growing and, compared to SBA-owned furniture manufacturers in Lithuania, Mebelain's production is not important , in order to increase the efficiency of production and economies of scale, it is decided to invest in the expansion of the factory. The diagnostics of the international institution such as the European Bank for Reconstruction and Development will contribute to the implementation of the investment, Mr Valentinavičius goes on
The EBRD cooperates successfully with Mebelain and the SBA since 2010, when the MZO Mozhelevsk FEZ Bank has allocated 5 million. . Ready Eur
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