18 July 2013

Ani Plast to invest EUR 9 million and employ 60 people in Lithuania

18 July 2013 - Ani Plast, the largest Russian plastic plumbing manufacturer by sales volume, plans to invest almost EUR 9 million and employ 60 people in Lithuania. It is launching operations in Lithuania with a factory to be established in the Klaipeda free economic zone (FEZ). All production from Lithuania will be exported to foreign markets, currently projected to reach 14 foreign countries. Until now, Ani Plast had only a sales office in Lithuania.

Ani Plast chose to locate its new factory at the Klaipeda FEZ after productive cooperation with Klaipeda FEZ and consultations with Invest Lithuania, which introduced the company to the investment opportunities in the country and helped with other strategic questions.

“The need to establish a new factory in the European Union became clear when we decided to export our production to wider range of foreign markets. We targeted Eastern Europe and chose between Lithuania and Poland. The positive experience of our Lithuanian representative office and the convenient geographical location were the main reasons behind our decision. Assistance from the Klaipeda FEZ, Invest Lithuania and other government agencies played an important role as well,” says Pavel Rabovolenko, CEO of Ani Plast.

Local businesses will benefit from the arrival of Ani Plast, since the Russian company will buy production packages, which make up to 18% of item’s final cost, from local suppliers. Furthermore, Ani Plast plans to use local services in the fields of logistics, metalwork, accountancy, banking and telecommunication.

Ani Plast also intends to cooperate with local vocational training schools in training metalwork and plastic molding specialists. Students will have the opportunity to join company as trainees, and there are plans to finance the purchase of the machinery needed for training.

“We are proud that we were able to outrival neighboring countries and local industry parks to attract this company to Klaipeda. It is nice to see that the Klaipeda FEZ is getting more popular with companies working in the plastic industry. We can already see the start of a plastic industry cluster, which makes it easier for our companies to compete in Lithuania and foreign markets, to attract new workers and to develop innovations,” said Eimantas Kiudulas, general director of the Klaipeda FEZ.

“Lithuania is an attractive country for companies like Ani Plast. Our membership in the EU and convenient geographical location allow them to avoid customs for raw materials imported from Finland, and to export their production more easily even to North Africa. Knowledge of the Russian language in Lithuania, the economical advantages of Klaipeda LEZ and our fast help in dealing with various problems and questions were other arguments for choosing Lithuania” said Milda Darguzaite, managing director of Invest Lithuania.

Ani Plast, founded in 2001 in Zvenigorod (Russia), is a plastic plumbing products manufacturer. The company generates 80% of its sales revenue in the Russian market. Ani Plast exports its products to Ukraine and other CIS countries. The company has a yearly turnover of EUR 33 million and employs 340 workers. 

Source: Invest Lithuania