RETAL
Expansion of film and closure site in Lithuania
Retal Baltic general manager Viktorija Jureviciute (Photo: Retal)
Packaging manufacturer Retal (Mytishchi / Russia; www.retalgroup.com) is investing around EUR 4m to expand its site in Klaipeda / Lithuania. A ??4,000 mē building will be constructed for storage and administration. Its subsidiary Retal Baltic has signed an agreement to expand its existing premises that are in the Klaipeda Free Economic Zone.

At its Lithuanian site, Retal produced 12,000 t of PET film in 2017, mainly for the food industry, as well as 2.5 bn HDPE bottle caps for customers in the EU and Africa. Retal says there is growing demand from its customers both inside and outside Europe. The group employs about 600 people in Lithuania, including 400 at Retal Baltic and its sister company, PET and polyol producer the Neo Group (Vilnius; www.neogroup.eu), in Klaipeda. General manager of Retal Baltic, Viktorija Jureviciute, is aiming for record sales of EUR 44m in 2018.

The Retal group's parent company, Retal Industries, is based in Limassol / Cyprus. The group operates 10 plants in Russia and 13 plants in 11 other countries. Its workforce totals more than 2,800 employees.
27.07.2018 Plasteurope.com [240285-0]
Published on 27.07.2018
Retal: PET-Verarbeiter erweitert Werk in LitauenGerman version of this article...

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