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


21-02-2019

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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12-02-2019

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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12-02-2019

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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17-12-2018

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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10-12-2018

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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07-12-2018

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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04-12-2018

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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28-11-2018

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.

"VMG...

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28-11-2018

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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19-11-2018

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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15-11-2018

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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08-11-2018

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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24-10-2018

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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22-10-2018

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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16-10-2018

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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09-10-2018

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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08-10-2018

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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25-09-2018

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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17-09-2018

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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04-09-2018

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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23-08-2018

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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20-08-2018

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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13-08-2018

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.

At...

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07-08-2018

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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25-07-2018

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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24-07-2018

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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24-07-2018

"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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23-07-2018

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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16-07-2018

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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26-06-2018

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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26-06-2018

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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26-06-2018

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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22-06-2018

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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22-06-2018

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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14-06-2018

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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14-06-2018

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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14-06-2018

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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14-06-2018

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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