August 20, 2014 6:50 AM ET

Containers and Packaging

Company Overview of Klaipëdos kartonas SC

Company Overview

Klaipëdos kartonas SC produces and supplies containerboard and paper honeycomb in the Baltic countries and Kaliningrad region. The company offers recycled containerboard materials for the production of the corrugated cardboards; and paper honeycomb for use in furniture and construction industries, and package and pallet production application. Klaipëdos kartonas SC was formerly known as Klaipeda Wood-pulp Mill SC and changed its name to Klaipëdos kartonas SC in 1994. The company was founded in 1898 and is based in Klaipeda, Lithuania. As of March 1, 2010, Klaipëdos kartonas SC operates as a subsidiary of AB Grigiskes.

Nemuno str. 2

Klaipeda,  91199

Lithuania

Founded in 1898

Phone:

370 46 395601

Fax:

370 46 395600

Key Executives for Klaipëdos kartonas SC

Chairman and President
Age: 53
Managing Director and Head of Purchase
Head of Accounting
Technical Director
Business Consultant and Director
Compensation as of Fiscal Year 2014.

Klaipëdos kartonas SC Key Developments

Klaipedos Kartonas Reports Earnings Results for the Year 2013

Klaipedos Kartonas reported earnings results for the year 2013. For the year, the company reported consolidated revenues rise by 5.3% to LTL 142.242 million, from LTL 135.043 million in 2012. Consolidated net earnings soared almost 36-fold to LTL 3.134 million. It attributed the revenue growth to increased prices for its products and higher sales volumes.

SEB Bank Issues Loan to Klaipedos Kartonas AB

SEB Bank has issued a loan of LTL 11 million (EUR 3.2 million) to Klaipedos Kartonas AB. The loan funds will be used for the construction of a new 22.5 MW capacity boiler house. The project will enable the company to have an up to 100% supply of green energy produced by burning wood waste bought by the company.

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Recent Private Companies Transactions

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