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.
Among top locations globallyManufacturing Risk IndexSource: Cushman & Wakefield Manufacturing Risk Index 2020 report (1 -12th place from 48 countries ranked)
20%of Lithuania’s total value added is generated by manufacturingSource: Lithuanian Statistics, 2020
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.
85%of young professionals are fluent in EnglishSource: Estimates for 2020 (20-34 age group with higher education) made by Invest Lithuania based on Population Census, 2011
#2 in EUin science, math, computing, engineering, manufacturing and construction bachelor graduates per young adult populationSource: Eurostat, 2018
56%of the population aged 25-34 has a higher education (2nd in EU)Source: Eurostat, 2019 data
51,900specialists employed and 20,800 students enrolled in Engineering fieldsSource: Statistics Lithuania 2018; Ministry of Education, Science and Sport, 2019/2020
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.
Lithuania could be your best choice for
IoT equipmentCombining its IT-prowess with experience in manufacturing Lithuania smoothly facilitates state-of-the art IoT development and production, which is aided by strong and committed government support for R&D.
Automation equipmentLithuania boasts a full pipeline of engineering students with backgrounds in electronics and automation, plus longstanding competences in these areas and a thriving informatics sector: all of which means it is ready to meet any automation challenge.
MachineryTech-enabled production lines offer flexibility and high-quality levels while innovative engineers drive new solutions, helping companies to stay ahead of the curve and become leaders, not followers, of market trends.
ComponentsLeveraging its deep traditions across a range of production processes (including welding, milling, drilling, stamping, forging, bending, welding, pressing, turning, and moulding), Lithuania is perfectly placed to help you achieve your production goals today.