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SUTNTIB AB Tewox begins construction of shopping centers in Klaipėda district and Vilnius
Globenewswire·2025-08-28 08:52

Group 1 - The Investment Company AB Tewox has commenced construction of two shopping centers in Klaipėda and Vilnius, scheduled for completion in early 2026 [1] - The investment amounts to approximately EUR 5 million for the Klaipėda project and EUR 4.7 million for the Vilnius project, with building areas of 2,000 sq. m and 1,800 sq. m respectively [2] - The construction is being executed by Baltijos pašvaistė, while the projects are developed by the Investment Company's subsidiaries UAB Lairina and UAB Janonio 27 [2] Group 2 - UAB Janonio 27 has also started construction on another site in Klaipėda for a "Lidl" store, with an estimated investment of around EUR 6 million and a building area of approximately 2,000 sq. m [3] - This additional project is also expected to be completed in 2026 [3]