News

Events, investment and product development.

Keep up to date with the latest news from NEO GROUP.

A European patent will protect NEO GROUP’s sustainability innovation
2022 / 02 / 18
UAB NEO GROUP, a PET producer operating in the Klaipėda FEZ, Lithuania, has been granted a patent on 16 February, by the European Patent Organisation for the chemical recycling technology of post-consumer PET packaging developed by the company’s engineers. The invention allows the use of secondary raw materials on the industrial PET production line, thus […]
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National Awards for Responsible Business 2021
2022 / 01 / 28
NEO GROUP was participating in the National Awards for Responsible Business 2021 (NAVA), which were presented at the Palace of the Grand Duchy of Lithuania on January 27, 2022. Since 2013, NAVA have been organized by the Ministry of Social Security and Labor, the Ministry of Economy and Innovation and the Ministry of the Environment […]
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All energy consumed in 2021 was 100% Green
2022 / 01 / 27
UAB “NEO GROUP” is glad that the electricity we consume since 2019 is 100 percent green energy produced in Lithuania from renewable energy sources. Green energy is produced by local producers and their wind, solar, and other renewable natural power plants. Green Energy Certificate (2021 m.) We started buying and consuming green electricity already in […]
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NEO GROUP results impacted by raw materials and supply chain disruption
2021 / 06 / 15
PET manufacturer UAB NEO GROUP, which operates out of Klaipėda FEZ, saw its turnover reach 366 million euros last year, with 18 million euros in profits. The company’s results mostly influenced by fluctuations in the commodity markets and supply chain disruptions. Due to the COVID-19 lockdown and reduced consumption in the first half of 2020, […]
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