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From Insolvency to Major Investment: G. ŽIemelis' Furniture Company Plans Expansion

Summary by vz.lt
The furniture design company Fitsout, which completed its restructuring a year and a half ago, is preparing to invest over EUR 17 million in expansion of its factory in the Kaunas Free Economic Zone (LEZ) and create at least 200 jobs.
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The furniture design company Fitsout, which completed its restructuring a year and a half ago, is preparing to invest over EUR 17 million in expansion of its factory in the Kaunas Free Economic Zone (LEZ) and create at least 200 jobs.

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vz.lt broke the news on Thursday, June 25, 2026.
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