EBRD invests 30 million euro to Urban HUB projects
A foundation for further project development
Source: lrytas.lt
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SBA Furniture companies generated revenues of EUR 334 million last year and invested in modernisation
A moderate recovery is forecast
Source: lrytas.lt
SBA furniture manufacturers sold 252 million EUR worth of products this year
Demand is stabilising
Source: lrytas.lt
The SBA furniture company Inno Line plans to install a solar power plant which should meet 25% of its electricity needs
„Sustainability and minimising our environmental impact, this is one of our guiding principles. To this day, just like all other SBA Group companies, we have only purchased green electricity i.e., electricity generated from renewable energy sources. Now, we have decided to go one step further and produce it ourselves. The planned investment in this solar power plant is €2.3 million. The investment in it should pay off within 7 years“, said Ramūnas Marozas, CEO of Inno Line.
Source: lrytas.lt
SBA Home: a new CEO
„These changes represent a continuation of the operational and management optimisation processes that we initiated earlier this year. We are grateful to Raimonda, under whose leadership the companies of SBA Furniture have overcome many challenges and crises – from the pandemic that disrupted raw materials logistics chains, to the electricity prices shocks, to the aftermath of the Ukraine war. Efficiency, innovation and strategic development will remain the company's priorities when Jurgita takes over the helm,“ said Egidijus Valentinavičius, the SBA Vice President and the Chairman ...
Source: lrytas.lt