Norway's plastic window producer to build plant in Siauliai

Plus Windows, a Lithuanian subsidiary of Norway's JH-produkter, will start the construction of its plastic window production facility in the Siauliai Free Economic Zone next week, and production is scheduled to start in April 2020, the Verslo Zinios business daily writes.

The company plans to invest around 3 million euros. Its head Andrej Sadenok says Telsiu Satyba has been chosen as the main contractor.

Part of production will be moved from Norway. The company is yet to decide whether the new production facility will produce only plastic or also aluminum doors and windows.

Plus Windows posted 3.9 million euros in revenue last year and a net profit of 113,300. The company hopes sales at the new production plant will rise 15-20 percent over the first years.