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05-01-2021

Leader of secure packaging production in Baltics “Komex” is expanding in Panevezys FEZ

Producer of packaging materials from polyethylene “Komex” is planning to invest more than 7 mln. Euros in 24.000 sq. m. manufacturing facility.

Company is planning to build 18.000 sq.m. factory in a first stage till November, 2021, moving to Panevezys FEZ it’s 5 departments of foam polyethylene film and profiles, bubble polyethylene film, polyethylene film and plastic bag, polyethylene recycling (granulation).

In a second stage it is planned to expand factory up to 24.000 sq.m., triple turnover and increase number of employees to 100.

Source: Panevėžys Free Economic Zone

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