Our efficiency rates in Lithuania are outstanding. And it’s people – the innovative engineers and the flexible production line they’ve put in place – that have allowed us to stay ahead of the curve and exceed the demands of the constantly shifting market.
Automotive production in Lithuania is currently enjoying the most favourable conditions for growth. The country’s rich traditions in engineering have been strengthened by the recent arrival of major industry players like Hella and Continental. Yet the market remains far from saturated, which means an abundance of engineering talent, highly competitive costs, and rapid scaling. Establish automotive operations in Lithuania that deliver today, and are ready for tomorrow.
Reasons to choose Lithuania
1. Entrepreneurial talent ready to drive your business
Lithuanian talents are not just problem solvers, they drive solutions with their innovative thinking. Highly qualified, multi-lingual, and with a strong work ethic , our engineering specialists are ready to handle any automotive challenge.
2. Unsaturated market for easy hiring and scaling
While enjoying continuous growth, Lithuania’s manufacturing sector remains one of the least saturated in the CEE region in terms of jobs created by FDI manufacturing projects. And this is the case in all regions of Lithuania, especially those located further from the capital. These regions combine long-standing industrial traditions with remarkably low saturation levels.
Source: fDi Markets, by the Financial Times, 2003 - 2018
3. Business-friendly environment for rapid set up
From establishing a company through to starting operations, you’ll get things done faster in Lithuania. Key processes like company set up and issuing construction permits are rapid and hassle-free, giving you more time to focus on growing your business.
Dealing with construction permits
4. Competitive quality at competitive costs
The World Bank ranks Lithuania ahead of countries like Germany and Ireland for its business environment, yet salaries for skilled employees remain very competitive. This makes Lithuania a European leader for quality to cost ratio.
Average hourly labour costs / Doing Business ranking
We are glad that with the modern industrial region here in Kaunas, the excellent infrastructure and the highly qualified workforce, we have found the ideal location.
5. Incentives and support to foster your sustainable operations
In Lithuania, we want to help you grow your business and get the support that you need to sustain your growth. With generous support, including no corporate, dividend or real estate tax for 10 years, you’ll be able to focus your resources on the future.
Tax incentives available in Free Economic Zones:
Foreign direct investment in key areas of our economy such as automotive manufacturing is a top priority for the Lithuanian Government. Therefore, I can guarantee that we will assist investors in any way we can to ensure their operations accelerate smoothly and that they have the skilled talent they need for innovative production.