LUG is going to expand abroad. On April 10, the firm signed a contract with an industrial park in Argentina's Missiones province concerning construction of a factory where lighting systems based on LED technology will be manufactured. According to the agreement, Perque Industrial Posadas will erect an industrial building of a area reaching 1,600 sq.m., while LUG will bear the maintenance and production cost, and in three years it will purchase the property for slightly over EUR 1.656 million. Expansion of the factory is not ruled out. The construction should start soon and is expected to take ten months. LUG is going to set up an Argentinean subsidiary which will be in charge of factory management.