2016-01-13 14:17:18 CET

2016-01-13 14:17:18 CET


REGULATED INFORMATION

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Rokiskio Suris - Notification on material event

The Group of Rokiskio suris AB prepared a business plan for the EU support


Rokiskio suris AB, Pramones str.3, Rokiskis, Lithuania, 2016-01-13 14:16 CET
(GLOBE NEWSWIRE) -- The Group of Rokiskio suris AB prepared a business plan
“Modernization of milk processing and marketing” and submitted it to the
National Paying Agency in order to receive the EU support for implementation of
the project. The project investment amounts to EUR 27 million and it covers the
period of 2016-2017. The investment will be directed to all three plants of the
Group of Rokiskio suris AB, situated in Rokiskis, Utena and Ukmerge. The
investment will be used for modernization of current equipment and
implementation of new technologies designed to develop production for
alternative markets. The company will use its own resources as well as
borrowings for the implementation of the project. 


         Dalius Trumpa
         Board Chairman
         +370 458 55200