The facility is located in the Akmenė FEZ. Credit: PRNewsfoto/VMG Group/PR Newswire.

VMG Lignum Construction has commenced operations for structural engineering timber materials in Lithuania. 

The sustainable construction facility is said to be the first of its kind in the Baltics region and the third in Europe. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The €100m ($107.74m) plant is located in the Akmenė Free Economic Zone (FEZ).  

The factory is a venture by VMG Group, a wood processing and furniture manufacturing conglomerate in Central and Eastern Europe.

The development marks VMG Group’s third industrial project in the Akmenė FEZ. 

See Also:

The initiative is in collaboration with Hanner, a real estate developer in Lithuania, and Baltic Industrial Fund II, overseen by investment manager BRAITIN. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The VMG Lignum Construction factory aims to produce products valued at a total of €150m annually for global markets, including Scandinavia, North America, Australia, and Europe.

In addition, it is set to produce 120,000m³ of laminated veneer lumber (LVL), 15 million metres of I-joists, and 200,000m³ of structural particle boards.

The plant is expected to accelerate the advancement of sustainable and climate-friendly practices in new construction and panelised serial renovation projects. 

VMG Group sole shareholder and investor Sigitas Paulauskas said: “This product range is unique in global terms as a combination of engineered timber materials for construction that utilises wood biomass with maximum efficiency.  

“It should ensure top standards of sustainability and enable faster growth of the green contech industry.” 

The factory’s future development phases are anticipated to expand its product range to include other eco-friendly building solutions. 

These will comprise prefabricated wall and ceiling panels, glued LVL columns, and wall particle boards with a decorative layer.