Grigeo Klaipeda, a Klaipeda-based cardboard producer that is part of the Grigeo Group, has halted production due to soaring energy prices.
Gintautas Pangonis, the group’s president, says production at Grigeo Klaipeda has been suspended for a week, possibly two.
He attributed the decision to suspend production for around two weeks to high electricity costs. (BNN/Business World Magazine)