Universe Group Ltd. was established in the beginning of 2010. Turnover last year was 3,5 million euros. We manufacture about 300 units of tractor trailers branded by GIGANT TRAILERS, MUSTANG, ŽEAMITUKAS, CARRYPE, over 100 units of excavator buckets branded by GIGANT IMPLEMEX and 200 units of telescopic handler attachments branded by IMPLEMEX per year. Some of the products were developed incorporation with trade partners and are branded by their brand names and some of products are branded by brands owned by Universe Group Ltd.
We operate in about 3500 m2 of workshop: 15 working places for welders, area for operating gas and plasma cutting machine, press brake, drilling and tube cutting machines, sandblasting workshop, paintshop, assembly area and other. There are 35 people working in the company at the moment, including 5 people managing the company.
Main export markets of our products are Scandinavia. 50% of all our production has been exported to Norway. The rest goes to Finland and Sweden, some to Russia. About 20 % are distributed in our local Baltic market: Lithuania, Latvia and Estonia. According to official tractor trailer registration in Norway of 2014, our trailers are at 5th , 2015 our trailers was at 6th place, 2016 trailers was at 6th place and 2017 was at 4th place of registered/sold trailers among 25 suppliers/manufactures.