Europe > Northern Europe > Lithuania > Marzotto reportedly leaves Tunisia for Lithuania

Lithuania: Marzotto reportedly leaves Tunisia for Lithuania

2013/10/15

 Italian textile manufacturer the Marzotto Group is shutting down its Tunisia operations and moving them to Lithuania, where Marzotto company Liteksas manufactures furniture textiles and blankets for the Lanerossi brand, African Manager economic website reported Monday.

Marzotto, which is expected to make an official announcement any minute at this time, will base its new plants in the city of Kaunas, Lithuanian business newspaper Verslo Zinios explained.

The Italian group is pulling out of Tunisia because of the persisting climate of uncertainty there, according to the Lithuanian daily.

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