Industrial machinery in Lithuania at a glance
With pools of multi-lingual talent in software development and IT as well as traditional competencies in mechanical and electronics engineering, Lithuania has the range of expertise needed for thriving Industrial Machinery & Equipment manufacturing operations today and tomorrow. And this is complemented by highly-developed infrastructure, a strong hardware supply chain and excellent quality-to-cost ratios – all the ingredients for success in the age of Industry 4.0.
Reasons to choose Lithuania
1. Untapped talent pool
Lithuania’s flexible education system, where the content of study curriculums in both universities and vocational schools can be adapted to meet industry needs, ensures that the knowledge our young talents have directly matches your day-to-day demands. And that’s not to mention the top notch IT talent that is on hand to foster state-of-the-art IoT manufacturing.
2. Modern and reliable infrastructure
When it comes to infrastructure, Lithuania has all bases covered. From high-quality roads and logistics hubs to reliable networking solutions, the country is well-connected and can answer all of your business needs.
Free Economic Zones
With 7 Free Economic Zones (FEZ) ready for business at the moment, Lithuania has the infrastructure in place to meet your needs.
Free Economic Zone companies are subject to a facilitated tax regime.
Greenfield Investment track record shows that in some FEZs >80% of new-comers exceed their initial plans within two years.