UHB Group investments are aimed at the development of Lithuanian regions. One of the most striking examples is Pilviškiai (Vilkaviškis district). The UHB Group Board – Tomas Kropa, Ugnė Makarauskienė and Kęstutis Pakalnis as well as the entire management team of the Group coordinated decisions, thanks to which the territory turned from an abandoned area into a functioning industrial and logistics centre in just a few years.
Almost 11 million euros were invested in the revitalisation of the territory, about 9 hectares of infrastructure were put into operation, today a loading terminal, a compacted fertiliser factory and a modern big bag line operate here.
Kęstutis Pakalnis, Chairman of the Board of UHB Group, emphasises the strategic role of these decisions: “There are many people in the regions who want and are able to work and economic activity can be revived only with a clear strategy and long-term vision. Here, value is often created faster than in big cities, because costs are lower and the competitive environment is more stable.”
Companies operating in Pilviškiai have created about sixty jobs, contributing to stable employment for local residents, and have also strengthened the function of the entire Vilkaviškis as a regional industrial and logistics centre promoting broader economic activity in the region.
The further vision includes the development of warehousing capacities and the installation of a second railway track, which will significantly increase transport throughput.
Read more in Lithuanian at vz.lt.
