LTP Annual Sustainability Performance Report 2023

We are LTP - Furniture

Business & product segments

LTP Furniture provides a comprehensive supply chain solution including full assembly, packaging, and logistics of upholstery chairs and sofas tailored to high-end design driven retail or contract brands with a global distribution setup.

ACCESSORIES & ALTERNATIVE COVERS

UPHOLSTERY CHAIRS

ACOUSTIC PANELS & DIVIDERS

SOFA & SOFT SEATING

BED & SOFA COVERS

PUBLIC SEATING & TEXTILE SOLUTIONS

In 2022, preparations were made for near shoring to North America culminating in the establishment of a fully operational local facility in Mexico. This includes setting up a local supply chain sourcing components, resulting in reduced carbon footprint for delivered products compared to shipping containers from Europe.

In the European market we operate from our four factories in Lithuania. As part of our vertical integration strategy, we expanded with the addition of new facilities. Firstly, we established an in-house wood frame facility in 2022, enabling the production of FSC certified products. Subsequently, we incorporated a foam facility into our operations in 2023. The vertical integration strategy will ensure competitiveness and a continued focus on an even stronger sustainable production platform.

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