Construction company AB Panevežio Statybos Trestas has signed a contract with UAB Devold regarding new textile factory construction in Panevėžys, northern Lithuania, according to a statement by the company.
Panevėžio statybos trestas, PST
The project cost is estimated at LTL 39 million (EUR 11.3 million) and is expected to be implemented over 12 months.
The new factory, which will be equipped with modern geothermal heating system, will be located in Panevėžys Free Economic Zone. The total area is about 16,000 square metres.
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