The Lithuanian company producing electric heating equipment since 2003 is 100% owned by the Norwegian industrial concern which was founded in 1948.
The company manufactures household and commercial electric heating products - electric panel heaters, fan heaters, portable heaters, shoe dryers and drying racks under their own brands with the contemporary design and advanced control systems.
Electric heaters are used to heat various objects: houses, schools, hotels, cafes, restaurants, shops, etc. Electric heating can be used as the main way of heating and as an additional heating source. All company products have CE mark approval and 5 years warranty.
Heating equipment development, production, and marketing are the main activities of the company. The company invests in the development of its products and offers new and innovative products to the market. The company emphasizes on modern design, eco-friendly materials and user-friendly materials, and user-friendly technology that contributes to energy efficiency. Due to continuous development and innovation, today the company is the market leader in Norway as well as in many parts of the Nordic countries.
Moreover, the company exports most of its products to a number of countries in Europe and worldwide. Company's manufactured products are exported to Bulgaria, Croatia, Denmark, Estonia, Latvia, Finland, Greece, Hungary, Russia, Israel, Poland, Sweden, Switzerland, and other European and countries worldwide. The company wants to increase its sales in Germany, France, Italy, Spain and is looking for trade intermediaries to distribute the company's products under commercial agency and distribution services agreement. The company can also produce private label products under a manufacturing agreement.
The company currently has more than 200 employees within two companies in Norway and Lithuania. The company has developed professional sales and service infrastructure, which serves all its customers.
Advantages & innovations
QUALITY
All the company panel heaters are built by highly motivated and skilled workers. Many staff members have been working with the company for the whole of their professional life. Thus resulting in products based on a high level of competence, experience, and quality. As the market leader in the Nordic countries and manufacturer for many years the company can provide a 5-year warranty on their own manufactured products.
DESIGN
The company offers products in a variety of design options, they are user-friendly and are designed to meet individual requirements through colour selection. The company seeks to develop heaters that also fit within the interior design of buildings.
TECHNOLOGY
The company is supplying high-quality modern design electrical heating products, made from eco-friendly materials, and using the user-friendly technology that contributes to energy efficiency. A number of company product ranges are with integrated and energy-saving wireless fidelity (Wi-Fi) technology.
Stage of development
Already on the market
Partner sought
The Lithuanian company is looking for trade intermediaries in Germany, France, Italy, Spain to distribute electric heating products under commercial agency and distribution services agreement.
Type: Importer and wholesale companies that sell heating, lighting equipment, and electrical products.
Role: In accordance with an agreement, the foreign partner will receive high-quality Norwegian heating equipment, which will be distributed on the local market.
Established client network and experience in selling heating, lighting equipment, and electrical products would be an advantage of a potential business partner.
The company also offers manufacturing private label products for importers, wholesalers, retail chains under a manufacturing agreement.