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Published: 13 april 2012 11:28

Germany's Finnah to supply equipment to Lithuanian dairy plant

Pienas
Andriaus Ufarto/BFL nuotr. / Milk

Germany's Finnah GmbH Prozess-und Verpackungstechniks is to supply equipment to Lithuania's agricultural cooperative Pienas LT for a new milk processing facility it is planning to build in the Kaunas free economic area.

The cooperative has until now not disclosed the name of the German technology supplier with whom it has signed a contract.

The name of the supplier became known to the public after the Vilnius Regional Court in early April extended the deadline for Finnah to lodge its defense to technology-copying claims filed against Pienas LT by Suvalkijos Pienas, another agricultural cooperative.

Pienas LT Chairman Naglis Narauskas confirmed to BNS that Finnah is the equipment supplier. The German company is to supply a full range of equipment for the facility, from milk reception to drying and packaging.

Narauskas said that they are currently making decisions related to the financing of the project. The implementation of the project will begin only after the financing decisions are taken.

The new milk processing facility, which has received 50.8 million litas (EUR 14.74 mln) in EU funding, is estimated to cost around 90 million litas. The cooperative has leased 3 hectares of state-owned land for 95 years, with an option to add another 1.5 hectares.

The facility was expected to start operating in 2012.

BNS
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