Norwegian-owned Devold, a producer of knitted products, has opened a new plant in Lithuania, which has been its base for 15 years. Manufacturing and administrative facilities, warehouses and a factory store have been established in a new 16,000 m2 factory located in the Panevezys Free Economic Zone.
According to Invest Lithuania, Devold has produced high-quality wool clothing for more than 160 years, making the company one of the oldest manufacturers of knitted garments in Europe.
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