Hotrema marked an important milestone in its expansion history — a new company, Hotrema GmbH, was opened in Switzerland. This is a significant step that opens the door to long-term, sustainable activity in one of the most stable European economies.
“The new company will let us implement long-term projects in Switzerland and strengthen our clients’ trust in this market,” Sigitas Žutautas, Head of the Finance Department, says about the expansion.
He notes that establishing a local company was a natural next step to comply with the country’s legal requirements and ensure efficient project implementation. So far, the Hotrema team has successfully implemented projects in Switzerland through a Lithuanian-registered company. However, applicable local regulations have restricted business expansion. This was the reason for establishing a local company that can implement long-term agreements and ensure the stable continuity of the activity.
“This step will allow us to solidify our positions in Switzerland and build a solid foundation for further service expansion”, Žutautas adds.
The new company is planning to continue successfully implementing insulation and scaffolding activities, while at the same time creating conditions to develop new services in the Swiss market.
