The Ministry of the Economy and Innovation and Viešųjų investicijų plėtros agentūra UAB (the Public Investment Development Agency,) signed an agreement on the establishment and funding of a new financing facility under the title ‘Construction of standard-type production buildings in free economic zones, industrial parks and other industrial areas’ as an incentive for businesses.  This […]

Since attracting its first investor in 2005, the Kaunas Free Economic Zone (FEZ) has had a number of significant achievements in its history – from attracting one of the largest foreign investments in Lithuania to more than 6.2 thousand new jobs created by businesses operating in the territory of the FEZ. To add to this […]

After the launching of the project on the Production Innovation Valley, on 27 April 2020 the project partners Aedilis, BaltLed, Pažangios Inovacijos, Prezicika Metrology and Proftools formed an innovative production cluster under the name of the Production Innovation Valley. Its purpose is to join production organisations together into a group that aims to increase both […]

Lavango, a manufacturer of equipment for the food industry operating in the Klaipėda FEZ, has completed an investment deal in Iceland by acquiring part of the shares of the industrial robotics company Samey. More than 600 fish, meat, grocery and other factories around the world are now using Samey systems.   “We see that today, the […]

The DPD Lithuania company, which is owned by one of the largest parcel delivery networks in Europe, is set to expand its parcel distribution capacity in Lithuania. New DPD parcel distribution hubs are about to be built in the Šiauliai Free Economic Zone (FEZ) and in Telšiai adjacent to the police headquarters. The construction of […]