{"id":40511,"date":"2020-03-05T07:52:32","date_gmt":"2020-03-05T06:52:32","guid":{"rendered":"http:\/\/modern-wilderness.flywheelsites.com\/?p=40511"},"modified":"2020-03-05T07:52:37","modified_gmt":"2020-03-05T06:52:37","slug":"narbutas-expands-production-and-plans-revenue-to-grow-to-e-200-mln","status":"publish","type":"post","link":"https:\/\/officerepublic.news\/en\/2020\/03\/narbutas-expands-production-and-plans-revenue-to-grow-to-e-200-mln\/","title":{"rendered":"Narbutas expands production and plans revenue to grow to \u20ac 200 mln"},"content":{"rendered":"\n
Narbutas company group, specializing in the production and sale of office furniture, is set to start renovations of its manufacturing site and the construction of a new building in Ukmerg\u0117. This will expand the company\u2019s current production area by additional 21,000 sq. m, with the total production area reaching 57,000 sq. m, and will also double the company\u2019s production capacity.<\/strong><\/p>\n\n\n\n \u201cWe are planning to invest 18 million euros in production alone,<\/em>\u201d said Petras Narbutas, owner of UAB Narbutas International.<\/p>\n\n\n\n The new building extension, the construction of which will cost around \u20ac10 million, will accommodate furniture production and metal sheet processing facilities. It will also house storage facilities for keeping raw materials and finished products.<\/p>\n\n\n\n The building is expected to be completed by mid-2021. After Narbutas reaches its planned capacity, it will be able to produce 90,400 desks (the current figure is less than 45,200), 79,900 chairs (the current output is 39,900), among other pieces of furniture.<\/p>\n\n\n\nBuilding completion mid-2021<\/h4>\n\n\n\n