HELLA Lithuania will expand in 4 stages
According to its initial plan, the Germany-based company HELLA will expand in 4 stages. Separate production modules will be joined together in the final stage, with 20 operating lines, and upon completion of the project about 2,000 people should be working at the company. At present, the factory has 173 employees.
The factory was officially opened at the Kaunas FEZ in September 2018.
Assets of the automotive electronic components manufacturer HELLA Lithuania grew to 60.4 million euro during the financial year ended 31 May. The company will continue to invest during the current financial year as well.
Partners include HELLA Group companies. The international family-owned HELLA company operates at 125 locations in more than 35 countries. More than 40,000 employees work at the company, of whom 7,425 engage in research and development.
Source: Verslo žinios
Picture: Judita Grigelytė
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