The new paper production line

JSC GRIGIŠKĖS, 110012450, Vilnius str. 10, Vilnius - Grigiškės.

To Lithuanian Securities Commission, Vilnius Stock Exchange, BNS, ELTA,
www.grigiskes.lt. 

A new line paper production line with a new waste-paper remake line started to
function in AB Grigiškės. The first paper was made successful in AB Grigiškės.
After several years it is the biggest project in the company if we consider
trade development importance, modernizing and investment size. LTL 25 mln. were
invested in this project. The new device is the 4th line of soft (“tissue”)
paper production. It's capability overtakes the other's three paper lines'
capability together.  AB Grigiškės will be able to increase twice production
capability of soft paper, when the equipment will be updated. The consumers
will be able to evaluate the advantages of new paper line, because the
traditional company's products (toilet paper, towels and napkins) will be
produced after the equipment tune-up is over. 


Gintautas Pangonis
General Director
(+370-5) 243 58 01