VMG Lignum construction factory to start operations in Lithuania

VMG Group, one of the largest wood processing and furniture manufacturing groups in Central and Eastern Europe, together with Hanner, the leader in real estate development in Lithuania, and the Baltic Industrial Fund II, which is managed by BRAITIN, announced that VMG Lignum Construction, a subsidiary, has begun operations in Lithuania. The facility is first sustainable construction factory of its kind in the Baltics and only the third in Europe. The VMG Lignum Construction factory has an annual capacity of 120,000 m3 of laminated veneer lumber (LVL), 15 million meters of I-joists, and 200,000 m3 of ...