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International Internet Magazine. Baltic States news & analytics Thursday, 12.12.2024, 08:31

Spanish Sopena Group plans to build aluminium plant in Alytus

Danuta Pavilenene, BC, Vilnius, 25.11.2009.Print version
A Spanish metal processing conglomerate Sopena Group is set to build an aluminium processing plant in the Alytus industrial park, Lithuania's economy ministry said in a release.

Spain's Sopena Group expects the 36 million litas plant in Southern Lithuania is expected to begin production in 2011. The facility would create about 60 new jobs, reports ELTA/LETA.

 

The new plant is a shot in the arm for a small city that has been devastated by economic recession.

 

"This new metal processing plant will be the first project in the Alytus industrial park to revive a city that's been hit with relatively high unemployment," Economy Minister Dainius Kreivys was quoted as having said, adding that every bit of investment helps to rebuild Lithuania's struggling economy.






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