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Marketplace: Narbutas Is Building New Factory, Investing 25 Million Eur

April 13, 20213 mins124 viewsUpdated on March 31, 2021 Lithuania-based office furniture manufacturing company Narbutas is expected to complete the construction of its new factory by August this year and install new technologies in its factory by September.  Office furniture manufacturing and trading company Narbutas International is building a new  21,800m² factory in Ukmergė town, Lithuania. To expand the existing 36,600m² and increase production capacity by 2.5-3 times, the company is investing 25 million Eur. According to Petras Narbutas, the group’s founder and CEO, the new coronavirus pandemic has affected the economies and businesses, but the company’s consistent strategy – a wide network of trading partners and exports to different parts of the world – allows it to look at the future with optimism.

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