This week, the new building of production plant of ,,Lavango Engineering LT“ started operating. It has extented the production facility area and today it‘s three times bigger, exceeding 3000 sq.m.
This is an important event for the company for at least two reasons: our turnover will increase two and a half times and will reach 20 million euros. Secondly, we have taken another step not only towards modern but also sustainable production - which is important for LAVANGO as a responsible industrial company aware of global challenges.
,,Lavango Engineering LT“ has invested more than 2 million euros in the construction and installation of the new production building. The new investment, about 0.5 million euros, was demanded by the new laser for cutting pipes and profiles, which is characterized by extremely high accuracy and speed.
After completing the new building, LAVANGO redesigned its entire production process: from now on, preparations will continue in the first production plant building, while assembly, packaging and preparation for transportation will take place in the new building. Therefore, welding facilities were installed in the new premises and the welding workstations were expanded, special purpose chambers were installed for glazing works, a dedicated area for electrical installation, assembly and final product testing and quality control, packaging, storage and loading into road vehicles and sea containers.
The newly built premises were the reason for LAVANGO to review the entire production process, so a new technological production project was prepared according to the LEAN methodology, which significantly contributed to the efficiency of production.
Last year ,,Lavango Engineering LT“ increased its revenue by 124 percent up to 8.3 million euros. The company's export markets then expanded. We expect to continue to grow this year, as we have overcome the main challenge of limited production capacity. Our products are highly valued in Europe and Asia - today they can be found in more than twenty foreign countries. And now that we can physically create even more, faster, more efficiently - there are no restrictions to expand into new markets.
LAVANGO production plant uses only green energy already. The smart indoor lighting system that saves energy resources also helps to implement the organisation's sustainability policy.