Baltijos Eukutecas Is Growing and Eyeing Lithuanian Clients


Baltijos Eukutecas Is Growing and Eyeing Lithuanian Clients

A subsidiary of Werner Wirth, a German electrical component manufacturer, Baltijos Eukutecas was founded in Klaipeda back in 2013. Last year, the company reached the 100 employee milestone and grew its income by 45%, to 2.11 million EUR. Baltijos Eukutecas mainly manufactures cable harnesses for electric cars, bicycles, and medical equipment....

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German polymer specialist REHAU establishing microduct systems production unit in Klaipeda

REHAU, a family-owned polymer specialist with annual sales of around EUR 3.5 billion, is establishing a cutting edge production facility in Klaipeda, Lithuania. The facility, which will be located in Klaipeda Free Economic Zone (FEZ), will manufacture microduct systems for optical-fibre cables and is set to employ 55 specialists with a...

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A Dutch investor will soon start operating in Kaunas FEZ

The Dutch veterinary drug manufacturer Interchemie werken De Adelaar, located in Kaunas Free Economic Zone (FEZ), will soon start production. Two production lines will be launched with a capacity of 6 tons a day and the products made in Kaunas will be shipped to over a hundred countries worldwide.

Interchemie werken De Adelaar is one of the...

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19-02-2020 Grew By 80%, Plans A Repeat Performance This Year

The Group, operating in Lithuania under the banner, is applying the business model it tested in Lithuania, recording 80% growth in income throughout 2019, from 25 to 45 million EUR. 80% growth in revenue is expected this year as well, reports Verslo zinios. These results are determined by several factors....

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Klaipeda’s Ambitions Target Smart Industry, IT, and Seaport Expansion

For a decade, Klaipeda has been the Sleeping Beauty of the major cities in Lithuania; however, the city can boast the greatest potential and reasonable ambitions when it comes to growth in the research-based industry, IT, and education sectors. This should attract new investors and make the city more attractive for people to move to. Such is the...

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Event ‘Klaipėda for business 2020’

On 28 January, Vilnius welcomed the 'Klaipėda for business 2020' event aimed at the Klaipėda’s business community and organised by Klaipėda ID, the Klaipėda FEZ and the Port of Klaipėda. The developers of the Klaipėda’s business environment and their leaders shared insights into the opportunities available in the city and in the free...

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European-wide success of Lithuanian company RD Signs

Lithuanian company RD Signs, which specialises in lightboxes, channel letters, petrol station design, interior solutions and custom-made products, has been successfully operating in the European Union market with renowned brands such as Renault, Volvo, Ferrari, Maserati, Skoda, McDonald’s, Subway, H&M, G-STAR, Shell and Esso. The company...

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The Klaipeda Seaport Authority Expects 352 Million EUR in Investment in Upcoming 3 Years

The Klaipeda Seaport Authority is planning to upgrade their quays, deepen their water areas, change the ship entry canal, buy new ferry boats for the Smiltynes Perkela passenger service, the Verslo Zinios business daily reports.

The Ministry of Transport and Communications announced that there are plans to invest 352.4 million EUR in...

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Entering 2020 With a Look Back – a Word From CEO of Klaipeda FEZ

Dear colleagues and friends,

2020 has arrived. This number looks a little magical, and it’s also nearly 20 years since I’ve joined the Klaipeda FEZ. While I was certain from day one that our community will reach 1 billion in total turnover one day, I didn’t expect to celebrate this achievement twice: no one anticipated to have the euro...

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Dakar Rally as a Celebration of Teamwork, Trust and Partnership

For the third year in a row, Klaipeda FEZ waves goodbye and wishes good luck to team Agrorodeo Dakar with Vaidotas Zala and Saulius Jurgelenas at the wheel. After 11 years of presence in South America, this year Dakar Rally takes place in Saudi Arabia for the first time.

Vaidotas Zala and Saulius Jurgelenas will be conquering the...

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The Master Plan for the Port of Klaipeda Has Been Approved

The Lithuanian Government has approved the master plan for the Port of Klaipeda. This plan will allow the port to plan its expansion by forming a new dry land territory close to the Smelte peninsula and expand further north if the circumstances demand, reports Verslo zinios.

The space of an outer deepwater port as a strategic object for...

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Innovative construction materials manufacturer is being established in Klaipėda FEZ

A Monaco based company GRH International has established a new company in Klaipėda’s Free Economic Zone.

GRH International has been developing technology to enable the production of sustainable and innovative materials for the construction market. The new company GRH LT is committed to taking this development further and to introducing...

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Estonian BLRT Grupp Investing 20 Million EUR in Klaipeda FEZ

Subsidiaries for the BLRT Grupp, an Estonian ship repair and metalworking group, have signed a contract with the Klaipeda Free Economic Zone (FEZ) concerning investment into commercial, warehousing and manufacturing premises. In the next couple of years, the Estonian group plans to spend around 20 million EUR on projects spanning 7.6 ha of...

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Klaipeda FEZ – The Spine of the Western Lithuanian Economy

Companies operating out of the Klaipeda FEZ have earned 1.2 billion EUR and exported products worth 610 million last year. Even though these statistics are the sum of the effort from all 34 FEZ companies, it still makes the zone the biggest employer in the region, the biggest foreign direct investment magnet of the city and the county, as well...

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Company "Leesys" invests in Panevėžys Free Economic Zone

The electronics manufacturer from Leipzig, Germany, will open a modern technical maintenance, repair, and production unit in Panevėžys Free Economic Zone. Panevėžys FEZ was chosen and considered as the most suitable for the planned development phase.

Director of Panevėžys FEZ, Rokas Krivonis says: “A comprehensive service solution...

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Lithuania rises in World Talent Ranking

Lithuania has gone up by eight notches to 28th position among 63 countries in the IMD World Talent Ranking, reports.

International ratings are increasingly reflecting efforts by Lithuanian state institutions, educational establishments and businesses, Marius Skuodis, a vice minister of economy and innovation, said.


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Visit of Vice-minister Marius Skuodis in Šiauliai FEZ

On November 22, Vice-Minister Marius Skuodis, representatives of the Ministry of Economy and Innovation, as well as representatives of “Invest Lithuania” visited the Šiauliai Free Economic Zone. During the visit the distinguished guests were accompanied by Artūras Klangauskas, CEO of Šiauliai FEZ.

The purpose of the meeting was to get...

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AGA has received a permit for construction of an air separation plant

After almost a year of careful preparation, the industrial and specialty gases company AGA has received a permit to build a plant for separating air into nitrogen and oxygen at the Kėdainiai Free Economic Zone. It is planned to complete the construction at the end of 2020. 20 million euro will be invested in the construction project. AGA is a...

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IKAR: succes story in the Kedainiai FEZ

IKAR liquid fertiliser plant boasts the capacity of 10 000 000 litres a year, just to begin with! The company’s managers and staff, who developed their initial fertiliser formulations in Great Britain back in 2013, are rightly proud of the new plant, its chemical and phytotechnology laboratories and a fast-growing global sales network .


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HELLA Lithuania is expanding its activities: it has started manufacturing a new product in Lithuania

HELLA Lithuania has been operating in Lithuania for a year and a half, and is now starting to manufacture turbine air pressure actuators for all petrol cars in the European market. Prior to now, the German capital company has mainly manufactured separate components for lighting systems and vehicle electronics. This will be the first product to...

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NEO Group: 30 Environmental Protection Projects in 5 Years

Lithuanian manufacturers invest in sustainability and no longer see these investments as expenses or requirements. Rather, they are aware of a footprint the industry can leave and proactively take measures to reduce it, news website reports.

Established in 2004, NEO GROUP makes PET granules for food and beverage packaging and...

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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,...

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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

Hollister Incorporated, an independent, employee-owned company that develops, manufactures, and markets healthcare products worldwide, today, announced the official grand opening of its new manufacturing facility in Kaunas, Lithuania, located in the Kaunas FEZ region. The construction of the factory began in 2017.

“We are...

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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...

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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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“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...

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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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