Vilniaus Baldai AB Invests in New Facility

Vilniaus Baldai AB (VB) announced that in 2012, it made an investment in the amount of LTL 12.3 million into modernization of equipment and implementation of new technologies. VB paid a lot of attention to modernization and maintenance of production equipment, optimization of technological processes and increase in work efficiency. In January 2013, VB completed installation works of new calibration and mortising line, the cost of which reached LTL 10 million, and started continuous production. Installation of this line was launched in November 2012. The installation was made by the German Homag Group. The facility is intended for processing of furniture part edges and mortising. At present, the line is under testing and adjustment works are carried out and also qualified operators are being trained and prepared. At the end of February 2013, VB intends to start mass production employing this equipment. In 2012, VB invested LTL 12.3 million of its own funds into equipment modernization. According to Mr. Renatas Rimkunas, Production Manager at VB, VB is currently not increasing its production output, as it still updates old and technologically outdated equipment. In 2013, VB intends to continue modernization of production equipment and plans to invest another LTL 15 million into new equipment from its own funds.