KaunasIMAGE TO BE REPLACED region Lithuania’s industrial heartland
Your business location in Lithuania
With the biggest technological university in the Baltic States, Kaunas can rightly be called the industrial capital of Lithuania. What impresses us most is the quality of our employees here in Lithuania. Their drive and dedication to their work greatly enhances productivity in our operations here.
Mindaugas Šeštokas, Managing Director, Kitron Key facts 1 2 3 Kaunas University of Technology Kaunas is easily accessible by road, As a centre for the development of 2nd largest (KTU) is the largest provider of rail and air. Kaunas Aiport is also the the humanities, social sciences and (19.6%) share of qualified engineers in the country. largest cargo airport in the country. IT, Kaunas is a great destination for Lithuania’s GDP. With its strong ties to business, Additionally, Kaunas SEZ, connected shared services centres. This is and long experience in servicing to the airport, offers a raft of tax illustrated by the fact that 46% the region’s largest players, deductions and fast turnaround for (6 out of 13) of all SSC projects in the KTU an essential resource for the setting up procedures. region were implemented in the last companies operating in the area. 5 years.
Industrial competences
AUTOMATE
Chemical products Electronics & electrical Textiles Food and equipment beverages Fertilizers and chemical Electric vehicles, charging Linen yarn, acetate fabrics, Crop production, flour, premixes, products. points and parts, computer functional wear, sportswear, pet food, alcoholic beverages, vision systems, electronic technical textiles, apparel and meat and fish processing, sugar components and industry interior articles. and confectionary. automation solutions.
TOP EXPORT COUNTRIES INDUSTRIES SERVED EXPORT PRODUCTION Germany, United Kingdom, Sports, automotive, healthcare, marine, oil and gas, defense, 61,5% Sweden, France and Poland. agriculture (livestock and crop), finance and automation.
Labour pool / 2013
587 400 Number of residents 17 Vocational schools 7 Colleges 8 Universities 298 200 Labour pool
17,6% Employees in 58 000 Number of students manufacturing
TOP 5 EDUCATIONAL PROGRAMMES (BY NUMBER OF STUDENTS)
21% 10% Seeking employment 20% Business & Other administration
13% Social & behavioural 13% Engineering & engineering professions 7% €624 Region average salary Arts & humanities 26% Social services & healthcare Infrastructure LATVIA BALTIC Kaunas SEA
ŠIAULIAI Vilnius Airport PALANGA
100 km KLAIPĖDA PANEVĖŽYS
Klaipėda Seaport 228 km
Other Infrastructure KAUNAS VILNIUS Kruonis Technology park RUSSIA
Kaunas airpark POLAND BELARUS
SEZ Special Economic Zones Science & Technology Parks
Kaunas Free Economic Zone Santaka Valley www.ftz.lt | 0% tax on profits and dividends* R&D centre for sustainable chemistry and biopharmacy, future energy, mechatronics, information and communication technologies. Nemunas Valley R&D centre for agrobiotechnology, bioenergy and forestry, food technology, safety and health.
Kėdainiai Free Economic Zone Textiles Institute www.kedainiulez.lt | 0% on tax profits and dividends* At the centre of physical sciences and technology.
*Conditions apply FDI in the region / 2012
FDI STOCK GROWTH (2008-2012) CA DE Top 5 investors by country
21% RU FI NL €1 500 m
FDI BY SECTOR (2012) 13% 2012 51% Manufacturing
15% Wholesale & retail 26%
13% Real estate operations
5% Construction Growth: 61% €923 m 16% Other €1 500 m
2008
*Sources: Lithuanian National Statistics, 2014 Top companies by sector
Chemicals & Electronics & Textiles Food and Shared services chemical Products electrical equipment beverages
Other leading companies in the region
CONTACT US:
www.investlithuania.com We are a government agency that provides free investment advice, contacts and data. Let’s talk if you need someone to: PHOTO INFORM you on business costs, labour, tax & legal settings and other business areas.
CONNECT you to partners and organise your business meetings in Lithuania. Rugile Andziukeviciute T: +370 5 2159760 FACILITATE the set up and launch of your company and access government E: [email protected] financial support and a range of training schemes. A: Jogailos St. 4 / LT – 01116 / Vilnius / Lithuania
SUPPORT your investment by lobbying for more business friendly laws and www.investlithuania.com assisting in one-off problems.
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