Premium Cocoa Director Justinas Bernatonis expects that the company will generate 83 million litas (EUR 24m) in revenues in 2016, of which around 90 percent will come from exports, the Lithuanian Business Support Agency said in a press release on Thursday.
The company expects to export its products to Russia, Ukraine, Belarus, Poland, Latvia, Estonia, and other European countries.
The project has been allocated 4 million litas from the European Regional Development Fund.