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December 01, 2015 3:09 AM ET

Containers and Packaging

Company Overview of Klaipëdos kartonas SC

Company Overview

Klaipëdos kartonas SC produces and supplies containerboard and paper honeycomb in the Baltic countries and Kaliningrad region. The company offers recycled containerboard materials for the production of the corrugated cardboards; and paper honeycomb for use in furniture and construction industries, and package and pallet production application. Klaipëdos kartonas SC was formerly known as Klaipeda Wood-pulp Mill SC and changed its name to Klaipëdos kartonas SC in 1994. The company was founded in 1898 and is based in Klaipeda, Lithuania. As of March 1, 2010, Klaipëdos kartonas SC operates as a subsidiary of AB Grigiskes.

Nemuno str. 2

Klaipeda,  91199


Founded in 1898


370 46 395601


370 46 395600

Key Executives for Klaipëdos kartonas SC

Chairman and President
Age: 54
Managing Director and Head of Purchase
Head of Accounting
Technical Director
Business Consultant and Director
Compensation as of Fiscal Year 2015.

Klaipëdos kartonas SC Key Developments

Klaipedos Kartonas to Invest EUR 13.6 Million in Capacity Expansion

Klaipedos Kartonas has launched a project for the modernization of its cardboard paper production machine aimed at doubling its production capacity within three to five years. The project is to be carried out in three stages, with EUR 13.6 million to be invested in the first stage. The speed and volume of paper production will increase by 30% by the end of the third quarter of 2016, after the new equipment is manufactured and installed. At the same time, the qualitative parameters of production will be improved and the range will be expanded. Klaipedos Kartonas is also investing EUR 1.4 million in increasing its paper honeycomb production output, with a second paper honeycomb production line to be launched in October 2015. Once the new line is operational, the paper honeycomb production capacity is expected to increase almost three times.

Klaipedos Kartonas Reports Earnings Results for the Year 2013

Klaipedos Kartonas reported earnings results for the year 2013. For the year, the company reported consolidated revenues rise by 5.3% to LTL 142.242 million, from LTL 135.043 million in 2012. Consolidated net earnings soared almost 36-fold to LTL 3.134 million. It attributed the revenue growth to increased prices for its products and higher sales volumes.

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