2019 05 30

Press Release

Mitnija awarded EUR 51 million order to build Vilnius Outlet

Mitnija, Lithuania’s largest construction company, is starting to build Vilnius Outlet, a 62,000 sq. m. shopping and entertainment center. The center will be situated in the capital’s Pilaitė avenue, next to the Vilnius western bypass. The project developer is the property development and investment company Ogmios Group, and the construction contract is worth more than EUR 51 million. Mitnija will finish the project in March 2021.

Vilnius Outlet will be an A+ energy grade shopping and entertainment center housing 150 outlet-type stores, a Hyper Rimi supermarket, as well as 30 restaurants and cafés, a movie theater with six screens, and a sports club. The area around the center will also offer public green spaces for the inhabitants of nearby neighborhoods, as well as playgrounds, fountains, and terraces.

Outlet Vilnius 03 - Mitnija awarded EUR 51 million order to build Vilnius Outlet

Sigitas Stasevičius, CEO at Ogmios Group, says that Vilnius Outlet is the company’s largest real estate development project so far.

“The construction contract with Mitnija marks the beginning of the biggest multifunctional outlet center in Lithuania. The project will be different from existing malls. It will include many restaurants and entertainment areas too. I have no doubt that Vilnius Outlet will become one of the most popular attractions for the residents of the capital.”

Julius Gendvilis, CEO at Mitnija, says that this order from Ogmios Group demonstrates that Mitnija can be trusted with implementing large-scale and complicated projects.

“The Vilnius Outlet project is going to be a great challenge to our team. In the process of constructing this project, we will utilize 1,455 metric tons of metal structures, almost 4,200 tons of frames, and nearly 31,000 cubic meters of concrete. We will have to manage hundreds of subcontractors and suppliers, and precisely organize the work so that the new center can open its doors on the agreed date. I am sure that we will manage the construction risks professionally, just like we have done while working on other projects, and that the construction process will go smoothly.”

Outlet Vilnius 02 - Mitnija awarded EUR 51 million order to build Vilnius Outlet

The Vilnius Outlet building and the area around it will have almost 1,300 parking spaces. Another 250 parking spaces will be installed and handed over to the city.