Utena 2019. Regional policy: from vision to reality


Utena 2019. Regional policy: from vision to reality

The forum “Utena 2019. Regional Policy: From Vision to Reality”, with participants including local political leaders as well as representatives of Utena’s business community, was held in Utena on 10 October. The invited speakers presented their observations and recommendations. The forum was organised by the Utena District...

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Glassbel Baltic Is Eyeing the Solar Panel Market

Glassbel Baltic, an architectural glass processing company, predicts that solar panel manufacturing will have a much bigger share of its total output in the future, even though the company has not been enthusiastic about this field as far as a couple of years ago. Their opinion is forcefully changed by the tightened EU regulations, aimed at...

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Mestilla Has Invested 0.5M EUR into Odour Removal Solutions

Starting with January 1st, 2024, all Lithuanian business entities will have to ensure that the odours caused by their activities will not exceed five odour units per cubic metre of air (ouE/m³) in residential environments. This measure is aimed at improving the living environment for people who live near industrial objects. Mestilla, which...

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The biggest newcomer of Kaunas starts production: Continental factory launched

The biggest newcomer – the automotive giant Continental’s electronic components factory, which will employ more than 1,000 people by 2021 – has officially opened its doors in Kaunas Free Economic Zone (FEZ) on October 10.

Construction of Continental’s new electronic components factory began in July 2018: a 22,000 square meter...

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The latest plants of Hollister Incorporated in Kaunas FEZ

The latest plant of the US healthcare product manufacturer, Hollister Incorporated, opened in Lithuania on Wednesday. An independent, employee-owned company that produces and distributes healthcare products and services worldwide is based at the Free Economic Zone (FEZ) in Kaunas.

 “We are proud that Hollister Incorporated, which has been...

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Klaipeda FEZ Team Worked On Joint Purchasing Platform at a Hackathon

A team made from six different Klaipeda FEZ companies, called B4B Core, participated in the port technology hackathon Portathon Baltic, which took place this weekend. The team spent two whole days developing a prototype platform, which would allow different product and service buyers to combine their orders, gaining discounts and reducing...

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Klaipeda FEZ employees will ride a Dancer electric bus to lunch

Starting with Monday, 23 September, a free Dancer electric bus will ride throughout the Klaipeda FEZ territory, transporting employees to and from the Enter Cafe at lunchtime.

The electric bus will roll out at 11:39 from Klaipėdos Transekspedicija and reach the Enter Cafe at noon, leaving back at 12:30. You can find the bus schedule below;...

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The economy and business: the region’s problems and opportunities, 2019

On 6 September, the eighth academic-practical conference took place at Šiauliai University, to mark the 783rd anniversary of the city of Šiauliai. The theme of the conference was “The economy and business: the region’s problems and opportunities, 2019”. Representatives of state institutions and members of the academic and...

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Exclusive buildings for rent in the Panevėžys FEZ

A 5,000 m² building will be completed in the Panevėžys Free Economic Zone by the end of 2020. The project developer is Gedstos NT, which has already built a factory this year at the FEZ for IMG Lithuania, a subsidiary of IMG Norway. It is planned to invest more than 2.5 million euro in the first stage of construction, and a similar amount is...

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Vejo Projektai is Building a New Electric Bus Laboratory at Klaipeda FEZ

Next year, Elektrinio transporto sistemos, a subsidiary of Vejo projektai, will open an electric bus laboratory in Klaipeda, for the development and improvement of its Dancer electric city buses.

The total amount to be invested in the project is 7.7 million EUR, Verslo žinios business daily reports. The company will put up a share of the...

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Liquid fertilizer producer IKAR's success story at the Kėdainiai FEZ

The IKAR company, a modern world-class fertilizer producer, having begun operations in Lithuania in 2013, can already take pride in having more than 6,000 regular customers in more than 15 countries. The company has grown rapidly for 5 years, expanding its network of distributors and creating 50 unique fertilizer formulations. IKAR technology...

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Lithuania Retains 4th Place on the Investment Front

Lithuania remains the fourth-best greenfield investment “hunter” in the world, according to the Greenfield FDI Performance Index 2019 report, released by fDi Intelligence, the foreign direct investment monitoring (FDI) and analysis division of The Financial Times.

Please find more: https://cutit.org/AwUHZ

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“Kormotech” - Ukrainian leader of pet food invests in Kėdainiai FEZ

“Kormotech” - Ukrainian cat and dog food manufacturer plans to complete construction of the factory by the end of 2019. It is expected that the plant in Kėdainiai Free Economic Zone, will be able to increase wet petfood production capacity. The ambitious goal is to be among the top 50 companies of this industry by 2023.

Why is it decided...

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New "RD Signs" factory in Siauliai FEZ in september

In September, the Šiauliai Free Economic Zone will see the launch of a new RD Signs factory specialising in visual advertising (lightboxes, channel letters, petrol station design, interior solutions and custom-made products). The premises which take colossal 8,500 m2 of production space are currently undergoing fitting works. The factory plans...

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The cat and dog food producer Kormotech has started the construction of new factory

”Kormotech”, producer of food for cats and dogs in Kėdainiai Free Economic Zone, started factory’s construction work. It is planned to open the factory by the end of this year, the investments are 11 mln Eur. The processes of production, using German and Danish equipment, will be fully automated. Almost 30,000 tons/year of food for cats...

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RETAL Baltic Saw 35% Growth in Income, Plans to Invest 10 million

RETAL Baltic, an HDPE cap and food-grade APET film manufacturer, operating out of the Klaipeda FEZ, recorded a 35% growth in income last year, totalling 48 million EUR. The company plans to invest 10 million EUR into expanding its manufacturing capabilities this year, increasing manufacturing capacity by 40% and allowing for the optimization of...

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Reconstruction works of the entrance to Kaunas FEZ were started

This week, the long-awaited reconstruction will be launched, connecting the territory of Kaunas Free Economic Zone (FEZ) with the extremely busy traffic artery: the national highway A6 Kaunas-Zarasai-Daugavpils. Until May next year, there will be a grade-separated intersection built with an overpass and connecting road.

The heads of Kaunas FEZ...

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Lithuania Is 3rd in the World According to Number of Free Economic Zones — After the USA and Poland

According to the number of Special Economic Zones (SEZs) operating in the country, Lithuania is the third in the Western world, after the United States of America and Poland. While SEZs can be found in about 70 percent of developed countries and are mostly customs-free zones to encourage foreign trade, Lithuania, Poland, and other countries...

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Companies located in Kaunas FEZ opt for solar power motivated by ideas of sustainability and economic appeal

Utilization of solar power plants in business objects is becoming an increasingly common practice of Lithuanian companies. Various enterprises operating in Kaunas FEZ decide on renewable energy resources driven by similar motives. It is not only about economic benefits but also, most importantly, about realizing a different attitude towards...

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The FlexStart 2 project has been revealed

After initiating the building of FlexStart, a universal rentable manufacturing space in 2017, finishing building it in 2018 and almost renting it out fully, the Klaipeda FEZ has now made the decision to invest further 4.5 million EUR into the FlexStart project and start building an even bigger successor of the initial manufacturing plant,...

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A Record Year at Klaipeda FEZ: 1.2 billion EUR in Revenue, Record-breaking Purchases, and Paid Taxes

2018 was the best year in the Klaipeda FEZ, the total revenue of the 34 investors established in the zone was 1.239 billion EUR, a 20% increase over 2017. The last year also broke records in exports, purchases in Lithuania, as well as taxes paid.

The companies established at the Klaipeda FEZ are not only growing manufacturers but also big...

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Vingės Logistika Considering a 12 million EUR Investment at Klaipeda FEZ

Vingės Logistika, a logistics company, is planning to invest 12 million EUR into an expansion of its warehousing space in two plots of land at the Klaipeda Free Economic Zone. This decision was inspired by the needs of their existing clients and the trend of stopping inessential activities, observed in modern manufacturing.


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Artūras Klangauskas - "At the beginning of summer we will have important news!"

A hemp straw processing plant under the name of Natūralus pluoštas (Natural Fibre) has just been launched in the Kėdainiai FEZ. Did the set up operations go smoothly? What assistance does the administration of the Kėdainiai FEZ offer during the set up process? Does an emerging company operates completely independently following the...

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CEO R. Krivonis - “We represent Panevėžys FEZ as center of car components, electronics and metal industries”

What news about the Panevėžys FEZ could you announce to the public? What are the major projects for 2019? 

In terms of investors:

There is an increased interest shown by German companies. We have a number of visits scheduled for this year. Hence, the focus this year is on more robust engagement with German industrial companies and business...

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Speed Is the Most Valuable Currency

More than 30 investors from different countries in a single place, almost five and a half thousand employees and total yearly revenue of a billion euro. That is the best way to describe the biggest business community in western Lithuania, the Klaipeda Free Economic Zone (FEZ). Today, it is one of the most important business arteries in the...

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Innovative projects made Klaipeda FEZ more attractive for business

With Lithuania quickly approaching the Western level of pay, the Klaipeda Free Economic Zone (FEZ) team created a unique competitive advantage for the city: the ability to start manufacturing operations faster than anywhere else in the region. FlexStart, the flexible factory built in Klaipeda FEZ allows investors to save months of valuable time...

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Please meet new LAFEZ president Mr. Rokas Krivonis!

The Director of Panevėžys FEZ, Rokas Krivonis, has recently been appointed the President of the Lithuanian Association of Free Economic Zones.

The head of the LAFEZ, who has been elected for a one-year term, shares the story about goals, new projects and a friendly investment environment in Lithuania.

What goals have you set for yourself...

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Important World FZO and OECD meeting in Paris

On 25-27 March, 2019 an important World FZO and OECD meeting took place in Paris. World FZO is Organization of Free Economic Zones and OECD is Organisation for Economic Cooperation and Development.

Our country was represented by Simonas Petrulis, President of the Association of Free Economic Zones of Lithuania. S. Petrulis is not only the...

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High Risk of Job Automation in Lithuania Provides an Academic Opportunity

42% of jobs in Lithuania are at high risk of automation by 2030, a new report by PwC reveals. This is the third biggest number among the OECD countries. However, the report suggests that the job losses from automation are likely to be broadly offset by job gains arising from new technologies like AI and robotics, and so, Eimantas Kiudulas, the...

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Baltic highway in Panevezys Free Economic Zone

It is planned to have Panevėžys Free Economic Zone (FEZ) linked to the key Baltic highway, Via Baltica, in 2019. This will facilitate the development of the production, logistics and warehousing services in the FEZ.

As it stands now, phase 1 (the interconnection of the FEZ area with the Via Baltica highway by way of a roundabout), which...

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HELLA with its rapidly increasing headcount develops required competencies through training

The German company Hella, based in Kaunas Free Economic Zone (FEZ), may already be pleased with its staff headcount reaching 100. The training of its staff receives special focus with new recruits acquiring the experience necessary for the automotive industry in HELLA’s branches across Europe and with key competencies funded from the EU funds...

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Spektrus EU, a company which manufactures fascia signs, is planning to invest EUR 1 million

Spektrus EU, a company which manufactures fascia signs, is planning to invest EUR 1 million in development this year. Encouraged by new orders coming from the CIS and the Scandinavian markets, the company management have arrangements for a significant increase in production areas.

As it stands now, the advertising market is very dynamic and...

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Kaunas Free Economic Zone launches an innovative service: forklift sharing point

At the beginning of March, innovative forklift-sharing service will be launched in the territory of Kaunas Free Economic Zone. Alwark company, which has been providing loading and warehousing services as well as sales and rent of equipment in the Baltic countries has decided to establish a forklift sharing point where companies operating in...

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Smart metering device factory started its work in Kaunas Free Economic Zone

The official launch of Axioma Metering factory manufacturing smart ultrasonic water and heat metering devices took place in Kaunas Free Economic Zone (FEZ) on the 8th of February. Investments in plant construction and equipment amount to almost 12 million Euro; a few additional million were invested in the research and development of new smart...

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Breakthrough in FEZ investment in Lithuania reveals the potential of the manufacturing industry

The news that Barclays will close its operations centre in Vilnius was met with active public discussion. The Government is being urged to pay more attention to investors, to communicate proactively with business, to take measures to ensure that the educational system prepares highly-skilled specialists in sufficient numbers, because...

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Free Economic Zones Are Providing a Strong Impetus to Regional Economies

The problem of the gap between cities and regions of Lithuania is not new. Politicians include the regions’ revival plans into their electoral campaign programmes, listen to people’s concerns and finally recognise that there is no panacea for the resolution of the issues.

Success stories, however, are not rare in those regions where...

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Lavango Group to double its presence at Klaipeda FEZ

Leading global food industry technology manufacturer Lavango Group has announced that it is expanding its presence at Klaipeda FEZ. The company, which produces equipment for the food industry, has acquired an additional 0,32 ha of land in Klaipeda FEZ territory to build their new facilities, which will allow them to increase their present...

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Advantages of Free Economic zones

Two highly important events took place this autumn. A renovated section of Via Baltica route – the Kaunas-Marijampolė section – was opened this week. Earlier, at the end of October, Prime Minister Saulius Skvernelis visited the Sūduva region on another significant occasion: the opening of a window factory operated by Dovista, a Danish...

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Akmene FEZ operator was finally elected

Western Forest Group (VMG) won the international competition of the Akmene FEZ operator. VMG had competition with Alina's Adomaityte's Business Consulting Company "IG Group".

Deputy Director of the Administration of Akmenė Municipality Algirdas Bučys confirmed that the Competition Commision finished the work, the winner was elected.


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Successful activities of Siauliai FEZ

This year there is a jolt in Šiauliai Free Economic Zone - the Lithuanian capital company “Reklamos diktatorius” plans to invest 3 million euros. It is decided to install the most advanced metal welding, cutting and folding machines. “Reklamos diktatorius” will create about 30 new work places. The second company, which intends to...

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Forum "Sūduvos kryptis - M4.0"

On November 15th, "Sūduvos kryptis - M4.0, one of the most important regional forums was organized in Marijampolė.

The event was moderated by Kaunas Chamber of Commerce and Industry Marijampole Branch and IQ. During the forum, reports were represented by the speakers - Chairman of the Bank of Lithuania Vitas Vasiliauskas, Deputy Head of the...

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AGA invests 20 mln Eur in Kedainiai FEZ

AGA, an industrial and medical gas company, invests 20 mln. Eur to the gas factory in Kedainiai Free Economic Zone. The air separation plant, which starts operating in the Baltic market in 2020, will supply oxygen and nitrogen.

The Linde Group's AGA is the leader of industrial gas in Northern Europe. The investment of 20 mln. Eur in Kėdainiai...

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Amazing video about Lithuania

In a world of ratings and annual reports, a country’s identity is often lost in translation. And it is especially so for mid-sized European states. For the insider, the differences between Hungary and Romania or Norway and Sweden are evident. However, unique priorities, goals, visions and aspirations just don’t fit in a spreadsheet as a...

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Official opening of the factory of DOVISTA UAB

On Tuesday, 23 October, the official opening of the factory of DOVISTA UAB, a window manufacturer, took place. The company currently employes nearly 100 people and plans to hire up to 1,000 employees in the coming decade. While the first employees were trained at a DOVISTA factory in Poland, the new ones will be learning from their...

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Windows manufacturing company JSC DOVISTA starts its operations on 23 October

JSC DOVISTA, windows manufacturing company, starts its operations on 23 October. The company has been established in the Marijampolė free economic zone (FEZ), with EUR 45 million invested in the first development phase.

The company produces windows bearing the VELFAC trademark. The current weekly production volume of a few hundred windows is...

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VELUX buys VITRAL in Klaipeda

The VELUX group, owned by the Danish Holding VKR announces about the acquisition of Danish capital company VITRAL. VITRAL produces skylight systems in Klaipėda. VELUX, leader of the residential building market, seeks to establish itself in the commercial building market. VKR Holding also owns JSC DOVISTA, which in Marijampolė FEZ invests...

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NEO GROUP in TOP 50 Baltic Business

NEO GROUP, a Klaipeda FEZ community member, and 2nd largest polyethylene terephthalate (PET) granule producer in Europe, has recently joined the ranks of the Baltic region‘s top 50 business.

Please find all the details here: https://bit.ly/2Rvfxrw  

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Yazaki Lithuania reports 10% revenue growth for 2017 after successful year‘s trading

Yazaki Wiring Technologies Lithuania delivered an impressive 9.8 per cent growth in revenues after strong trading last year, according to the company‘s annual financial report.

Total revenues for 2017 amounted to 41.02 m Eur – an increase of 3.65 m Eur on the previous year. Net profit for the period was 2.63 m Eur.

The increase brings...

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Ukrainian company "KORMOTECH" will build the factory in Kedainiai FEZ

Kormotech, a Ukrainian company controlling over a third of its home pet food market, has just announced building a production facility in Kėdainiai, Lithuania. The Lithuanian subsidiary bearing the same name will operate in the Kėdainiai Free Economic Zone and employ around 70 specialists. The Ukrainian company intends to invest more than...

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HELLA Lituania electronics’ factory was officially opened at Kaunas Free Economic Zone

HELLA - a company producing automotive components - electronics factory was officially opened with a solemn celebration on the 13th of September at the Kaunas Free Economic Zone. The German giant's planned investment of 30 million euros is the fourth largest in the territory of Kaunas Free Economic Zone, fifth according to the area it occupies...

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New possibilities for Klaipeda FEZ

To maintain its leading position in the region, Klaipeda port needs to expand and build a deep-sea port. These are the recommendations of a new feasibility report conducted by UAB “Smart Continent LT “, a leading Lithuanian Management and Business Consulting firm. The report presents a cost-benefit analysis of a projected port...

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HELLA oficially started their production in Kaunas FEZ

German giant HELLA announced about the construction of its plant at the Kaunas Free Economic Zone just 10 months ago. Now, it can already celebrate its first shipment and the team of almost seventy employees which managed to implement the most optimistic start-up plan for HELLA Lithuania in record time.

The construction of the...

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Klaipeda Schools to Offer International Baccalaureate Programs. What is the advantage for Klaipeda FEZ?

Klaipeda is about to join Vilnius and Kaunas and become the third major Lithuanian city to offer its students the ability to study in the world-renowned Inte ational Baccalaureate (IB) programs. Two private schools, Klaipedos licejus (Klaipeda Lyceum) and “Universa Via” are to be licenced for Inte ational Baccalaureate (IB) programs. They...

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Klaipeda FEZ companies among the top 100 exporters in 2018

In 2017 the Lithuanian economy posted its strongest growth in five years, with exports playing a major role in this upswing. Klaipeda FEZ is proud to announce that, according to annual rankings published by “Verslo žinios”, the leading business news outlet in Lithuania, four of its members were among the country’s top 100 exporters.


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US window maker INTUS to create 600 jobs at new factory in Šiauliai

US manufacturer INTUS Windows has announced plans to open a production hub in Šiauliai, northe Lithuania, employing up to 600 workers. Construction of the 50,000m2 plant, which will be rolled out in phases over the next few years, will begin in late 2018.

INTUS’ new facility, based in the Šiauliai Free Economic Zone (FEZ), will...

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Continental Factory Construction Works Have Started In Kaunas Free Economic Zone

Construction works of the factory belonging to German company Continental that manufactures electronic components were officially started in Kaunas Free Economic Zone with a capsule burial ceremony on Friday, July 20. It is the largest foreign investment in the Lithuanian history. It is planned, that the factory covering the 22 thousand square...

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Ceremony of 8 Awards In Lithuanian Business

During the Ceremony in the National Gallery of Art, business representatives from the country welcomed the winners of 8 nominations.

“Exporter of the Year" - JSC "Ruptela". The candidates for this nomination were submitted by Public Enterprise “Versli Lietuva”, while the data on enterprises were taken from the State Tax Inspectorate...

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"Elinta Charge" - Award For The Best Design

At the Red Dot award ceremony 2018 held in Germany in July, Lithuanian capital electric car charging point manufacturer Elinta Charge was awarded the product design award for the CityCharge V2 electric car charging station designed to be used in public and commercial spaces.

The design of the CityCharge V2 station is a joint project by a team...

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Klaipeda FEZ As A Destination For PET Production

In Lithuania as part of the 7th convention of the honorary consuls of Lithuania, Chairman & Managing Director of Indorama Synthetics India and Honorary Consul of Lithuania for India, Om Prakash Lohia, visited his Klaipeda FEZ factory to witness first hand his Lithuanian operation’s continued growth and success.

Indorama Ventures, a Thailand...

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Honorary Consuls at Klaipeda LEZ

Last week, Klaipeda had the honour of hosting a delegation of over 100 honorary consuls of Lithuania from around the world.

On the occasion of 100 years of Lithuanian Independence, this was a visit of the highest level together with the Lithuanian Gove ment. Together with Klaipeda Port Authority and City Municipality, the Klaipeda FEZ team...

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Capella's 10 M EUR Klaipeda FEZ Plant Material Extraction Facility To Boost Klaipeda's Blue Economy

Capella Baltica, a Spanish cosmetics and food industry supplier, has just signed a 10M EUR investment deal to build a 2500 sq. m powder and oil extract production plant and laboratory at the Klaipeda Free Economic Zone. The company plans to employ up to 40 engineers, biochemists and other specialists at the Klaipeda facility to supply customers...

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European PET Industry Leader Chooses Klaipeda FEZ For 50 Million EUR Project

Beating Belgium, Poland, England and Australia, Neo Group’s PET production facility in Klaipeda FEZ has been chosen as the location for expansion of a new 50 million Euro production project. Paulius Ambrazaitis, Managing Director at Polymers Trading Inte ational AG and Chairman of the Board of UAB “Neo Group", stated that it was the...

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Big Leap For Klaipeda FEZ: Enterprises Created €1BN Revenue, New Jobs, New Projects

2017 was a remarkable year for the enterprises based at Klaipeda FEZ, the Baltic region’s most successful free economic zone. Revenue rose by 16.5% to €1 billion and 12% more jobs were created, the Klaipeda FEZ-based enterprises’ data for the year reveals. The results are clearly an inspiration for further growth this year, as seven new...

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German Manufacturer To Launch 1,5 million Euros Production Operations In Klaipeda

The German manufacturing company Baltijos Eukutecas is to become the first tenant of Klaipeda FEZ’s newly developed FlexStart facility. The wiring systems producer will invest €1.5 million in its new production operations in Klaipeda FEZ, which will employ 80 specialists this year rising to 100 in 2019. And Baltijos Eukutecas will have its...

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Šiauliai FEZ: Two Serious Investors

Šiauliai FEZ was established four years ago and has been operating actively for just two years but already has two serious investors. Medicinos Linija UAB, a manufacturer of odontological materials, has leased a 1.5 ha area for production purposes. Works have been started in 2018 and it is estimated that the company‘s investments will exceed...

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A Highly Successful Year for Kaunas FEZ

Kaunas Free Economic Zone (FEZ) attracted as many as 12 investors in 2017. This is a record number. Kaunas FEZ has been growing very fast in recent years, becoming one of the most attractive regions for foreign companies.

Last year, Kaunas FEZ concluded agreements with well-known companies such as Hella and Continental, companies operating in...

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Norway‘s Largest Furniture Producer Invests in Panevėžys FEZ

In 2017, Panevėžys Free Economic Zone (FEZ) concluded an agreement with IMG Group, a Norwegian furniture producer.

IMG Group‘s establishment in Panevėžys will be a phased process; a furniture factory and a distribution centre will be opened. The initial investment will be EUR 10 million, and 125 new jobs will be created. The construction...

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Advantages of Kėdainiai FEZ according to its Director Artūras Klangauskas

Director Artūras Klangauskas describes the main advantages of Kėdainiai FEZ headed by him. 

What works were completed in 2017-2018? Who are the most important investors? 

The most important thing is that we already have a third investor. I would like to stress that Kėdainiai FEZ started its activities not so long ago, on 1 April 2014....

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Marijampolė Free Economic Zone

After a long search, Marijampolė FEZ was chosen by DOVISTA group of leading companies on the North European market of windows and doors.

DOVISTA came to Marijampolė FEZ in May 2017. According to Simonas Petrulis, Director of Baltic FEZ – the Marijampolė FEZ Management Company and President of the Lithuanian National FEZ Association, ‘It...

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