Relief at Gargždai factory after Russian ownership ends, with best years ahead
Translated from Lithuanian and summarized by DistantNews. Read the original for the full story.
At a glance
- Lithuanian roofing-materials manufacturer Mida replaced its Russian owner with a French owner.
- The company’s manager said the change brought positive developments and made operations easier.
- Mida now works with partners in South America, ships products there and expects a record year.
A Gargždai factory that makes bituminous roofing coverings says it has experienced a sense of relief since replacing its Russian owner with a French one.
According to the company’s manager, the ownership change brought positive developments and made life easier at the plant. The company now cooperates with partners in South America and sends its products there.
Mida expects the current period to become a record year. Delfi’s “Regional Businesses” series visited the UAB Mida LT facility in Gargždai, described in the article as the only producer of bituminous and polymer-modified bituminous materials in the Baltic states.
Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.