ŠIAULIAI REGION Historic Home of High-End Manufacturing Solutions

ŠIAULIAI REGION Historic home of high-end manufacturing solutions

YOUR BUSINESS LOCATION IN LITHUANIA

Our skilled bicycle specialists and modern manufacturing line enables us to produce up to 500 000 bicycles per year for over 50 global brands. We are now focusing our efforts on developing skills within the industry’s most cutting edge ﬁeld - electrical bicycle manufacturing. It’s because of the constant development of the region’s technical competences and local talent that we continue to thrive.

Peter Ferlev Jensby General Director, Baltik Vairas UAB

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Živilė Kazlauskaitė INFORM you on business costs, labour, tax & legal settings and other business areas. Head of Regional Development Team CONNECT you to partners and organise your business meetings in Lithuania. T: +370 5 204 7816 FACILITATE the set up and launch of your company, as well as help you access E: [email protected] governmental support. www.investlithuania.com SUPPORT your investment by lobbying for more business friendly laws and assisting in one-off problems. KEY POINTS 1 2 3 4 Region’s key competencies With its long history The newly established 218 ha. The region contributes 7.2% to in furniture production and in television production and Šiauliai Free Economic Zone GDP, making it the 4th largest textiles have been able to form technical manufacturing, offers a fast and cost competitive contributor to the Lithuanian a cluster which now services Šiauliai has adapted its solution for companies wishing economy. the renowned worldwide brand competencies to supply to establish new manufacturing IKEA. products across a number operations abroad. of industries such as heating and ventilation equipment.

INDUSTRIAL COMPETENCES

MECHANICAL AND ELECTRIC FURNITURE CONSTRUCTION MATERIALS TEXTILE, LEATHER AND ENGINEERING SEWING Electric and regular bicycle Soft furniture, wooden furniture, Cement, roofing sheets and Bedding, clothing and production, HVAC and retail mattresses. tiles, facade/interior boards and footwear, and fishing nets. equipment, metal components. panels, and fiber-reinforced Electrical distribution equipment, composite. and household appliances.

LABOUR POOL

Vocational 6 schools 3 Colleges 1 University

135 800 Labour pool

Number 9 524 of students

Employees 18% in manufacturing THE MAIN FIELDS OF STUDY

11 % 30% Other Engineering, Manufacturing and Construction Unemployed 9% 10,9% Education

11 % Health and Welfare 26% Region 13% Social sciences, € 693 average salary Services Business and Law INFRASTRUCTURE

LATVIA BALTIC Šiauliai Cargo Airport SEA Immediate access

Vilnius International Airport PALANGA ŠIAULIAI 212 km KLAIPĖDA PANEVĖŽYS Kaunas Airport 161 km

Port of Klaipėda KAUNAS 161 km VILNIUS International Riga Airport RUSSIA 144 km

POLAND BELARUS

SEZ SPECIAL ECONOMIC ZONES

Šiauliai industrial park

Šiauliai FEZ: https://www.investmentpartner.lt/siauliai-free-economic-zone/

MACROECONOMICS

GDP FDI IN THE REGION (2010-2015) 7,2% 4th largest 17% 177m 10% Share GDP growth 2010-2015 FDI stock growth, € FDI growth

Top 5 investors by country EXPORT Denmark, Germany, the Netherlands, Sweden, Ireland.

31,4% TOP FDI INDUSTRIES (2015) Share of export of Lithuanian origin Manufacturing production 55% Top export countries: Agriculture Germany, Sweden, Latvia, Poland, Norway. 27%

Other 18% TOP MANUFACTURERS BY SECTOR

MECHANICAL AND ELECTRIC FURNITURE CONSTRUCTION MATERIALS TEXTILE AND SEWING ENGINEERING

OTHER LEADING MANUFACTURERS IN THE REGION

Plastic injection & assembling

We are a government agency that provides free investment advice, contacts and data. Let’s talk if you need someone to: