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 buyers of supplies from other Lithuanian companies. Throughout the last year, the Klaipeda FEZ investor community carried out purchases in Lithuania worth 321.1 million EUR, a 27.9% increase over 2017.

The taxes paid by FEZ companies have also almost reached the symbolic 100 million EUR mark, with the recorded 91.8 million EUR, three times more than the number recorded in 2017. The majority of this change was determined the VAT paid by the FEZ companies, from 7 million EUR to 64.3 million. Additionally, social security and personal income tax numbers also grow, from 18.1 million EUR in 2017 to 25.2 million last year.

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