Norwegian sheet metal manufacturer Stansefabrikken to expand in Lithuania

Stansefabrikken, a Norwegian manufacturer of sheet metal products, has announced plans to expand its production facilities in Ukmergė, Lithuania. Until 2025, the company expects to add 5000 square metres of production space and 50 specialists to its 280-strong team, as well as invest 7 million EUR into production equipment, Invest Lithuania reports.

Now among the 5 biggest Norwegian investors in the country, Stansefabrikken, owned by Stafa Industrier, has been operating in Lithuania since 2003. The company carefully analysed multiple parameters before selecting Lithuania for their new location.