Area served Worldwide Revenue 20.6 million EUR (2014) Number of employees 200 (September 2016) | Headquarters Ukmergė Founded 2003 Type of business private limited company | |
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Industry sheet metal fabrication, powder coating Key people Nerijus Mašalas (general manager) Products sheet metal sub-contracting; electro cabinets; post-boxes Website | ||
Stansefabrikken sheet metal subcontracting
Stansefabrikken UAB is a Lithuanian-based private limited liability company, fully owned by Norwegian STAFA Industrier AS. The company operates a plant of processing sheet metal and manufacturing sheet-metal products. The registered office and the plant are located in Ukmergė, Lithuania.
Contents
Stansefabrikken
History
Stansefabrikken UAB was among the first foreign capital manufacturing companies to be established in Lithuania in 2003.
The company's history began with a Norwegian entrepreneur Magne Vidar Skorstad with his partners taking over Lillesand-based company Den Norske Stansefabrikken AS in 1985, which was undergoing bankruptcy proceedings. Several sheet-metal processing plants have been acquired, that could be used to punch out products from thin sheets of steel and put into operation in Norway. Considering the fact that over 50% of the output had been produced for export, a strong Norwegian krone was having a detrimental effect on the profitability by the year 2002. The company's management started looking for possibilities of relocation to a foreign market. Based on an overview of cost levels, macro-economic conditions and political stability throughout Central Europe, a 50-hectare industrial park in Ukmergė, Lithuania was chosen. The sheet-metal processing plants in Trondheim, Fredrikstad and Lillesand were closed and the production was eventually relocated to a factory set up in Lithuania in 2003, operated by Stansefabrikken UAB, a subsidiary of STAFA Industrier AS.
As of 2016, the floor area of the plant is over 10,000 square meters and the number of the staff is around 200.
Products and services
Stansefabrikken UAB provides subcontracting services for metal forming which includes laser cutting, punching, bending, welding, powder coating and assembly (both mechanical and electrical). The company‘s specification is complex sheet metal products in small and medium batches. The plant‘s output includes the products and components, such as TV frames, sledge frames, electrical distribution boxes, mailboxes, shop fitting equipment, archive systems, electric heaters and cooling equipment, ramps as well as parts for aircraft engines.
Import and export
The company imports metal sheets for processing from Scandinavian and other European countries. As much as 90% of the products are exported to the Western Europe, mainly Norway, Sweden and Denmark. Some products are shipped to Great Britain, France, Germany, the Czech Republic and the Netherlands.
Clients
Stansefabrikken UAB clients include such international companies as ABB, Bang & Olufsen, Stiga, Cenika, Høiax, Chatsworth Products, and GKN Aerospace.
Investment
The company has invested about EUR 7.5 million during 10 years of its operation. From 2008 to 2012, the investment in equipment and management of the company’s production processes amounted to EUR 3 million. Major investments are designed for CNC punching, CNC bending and powder coating production lines. These investments have sharpened the company's competitive edge and support the goal of becoming a top-level service provider.