The investment of EUR 5.9 million and plans to employ forty new staff marks a new phase in the development of ROL/STATGA in Lithuania, part of the Swedish ROL group.
“Apart from strengthening the presence of the ROL group in Lithuania, consistent industrial outreach at Šiauliai Industrial Park will support the region’s development and will create much-needed jobs,” said Milda Dargužaitė, General Manager of Invest Lithuania.
Thanks to its new 13,000 square meter premises, the company will expand its production unit and implement state-of-the-art technology to boost the volume of production and enhance the technical properties of its products.
To make the most of the Lithuania’s strategic geographical location, ROL also plans to expand storage facilities and to develop its logistics unit, which will coordinate the supply of products to ROL’s clients worldwide. Its client list includes world-famous shopping centre brands, petroleum product retailers and the fashion industry.
“If we want to work with world-class clients, we have to ensure supreme quality standards for our products and be extra-competitive on the market. Well-qualified workers and easy access to markets in Eastern and Central Europe is what determined ROL’s decision to expand in Lithuania,” says Rytis Dijokas, Managing Director of ROL/STATGA.
ROL has operations in China, the United Kingdom and other countries in Europe. At present, its member companies employ around 500 staff.
Operating in Lithuania since 2005, ROL/STATGA manufactures items for furniture and retail equipment as well as metal products for the group’s companies and external clients. The Šiauliai-based enterprise currently employs 120 people. In 2011, its turnover stood at more than EUR 13.3 million.