| Paper & Forest Products Industry | Materials Sector | Mr. Tomas Jozonis CEO | XSTU Exchange | LT0000102030 ISIN |
| Lithuania Country | 1,024 Employees | 13 May 2026 Last Dividend | 14 May 2021 Last Split | - IPO Date |
Grigeo AB, based in Vilnius, Lithuania, plays a pivotal role in the paper and paper products industry, providing a wide array of products across Lithuania and beyond. Initially known as Grigeo Grigiškes AB until its rebranding in April 2017, the company boasts a rich history dating back to its foundation in 1823. It operates through three main segments: Paper and Paper Products; Wood Fibreboards and Wood Products; and Raw Material for Corrugated Cardboard and Related Products. Beyond its product offerings, Grigeo AB is also engaged in investment and management activities, evidencing a diversified business model. The company's commitment to sustainability is shown through its involvement in second-hand paper collection and recycling, illustrating an environmentally conscious approach to its operations.
Grigeo AB provides an extensive range of personal hygiene and cleaning products including toilet papers, paper towels, tissues, paper napkins, and wiping papers, catering to the essential needs of consumers and businesses.
The company extends its product line to include sanitary coverings, various types of dispensers, liquid soaps, and soap foam, ensuring comprehensive solutions for hygiene and sanitation across different settings.
Grigeo AB is involved in the manufacture of raw materials vital for the production of corrugated cardboards, supporting the packaging industry with essential supplies.
This product finds its application in various industries including furniture, automotive, packaging, and construction. It is also utilized in the manufacture of doors, wall panels, exhibition stands, and trays, showcasing the versatility and durability of honeycomb cardboard paper and fillers.
Hardboards produced by Grigeo AB serve the furniture and construction industries, in addition to being used for the production of packaging, stands, and other industrial products. This highlights the company’s role in supporting industrial manufacturing and construction with high-quality wood products.
Demonstrating its commitment to environmental sustainability, Grigeo AB engages in the collection and preparation of second-hand paper for recycling, contributing to the circular economy and reducing waste.