AL-KO automotive and trailer component development centre to set up in Kaunas

Oct 16, 2017
Share now:

AL-KO Vehicle Technology, the leading German supplier of high quality chassis components for trailers, leisure vehicles and light commercial vehicles, is to set up a research and product development centre in Kaunas. This technology centre will recruit 30 staff members over the next three years to develop the company’s new products for the trailer and automotive industry.

“We chose Kaunas due to the rapidly growing automotive component manufacturing cluster. Seeing its development and how Kaunas municipality and the city’s universities are interested in the cluster, we believe that this location will become one of the centres for the future automotive industry and we want to be here as early as possible,” Dr. Frank Sager, AL-KO’s senior vice president for research and development, said.

The research and development centre to be set up in Lithuania will develop electronic components for caravans, commercial trailers, motorhomes, commercial vehicles and applications for smart devices.

In the near future, AL-KO will employ a team of 10 experts and over the coming three years aims to have a team of 30 professionals in place developing the company’s products. The company plans to cooperate with Kaunas University of Technology (KTU) in training the required specialists in the area of mechatronics, electronic engineering and applications systems. In addition, it expects to cooperate with KTU in the field of scientific research and contribute to the research work of postgraduate students.

“When Lithuania set itself a goal to become one of the most attractive locations for the automotive component sector and attracting foreign investors to this end, there were some who had reasonable doubts about it. However, today we can see that Lithuania is an attractive location not only for automotive component manufacturing but also for research and product development. This is a new qualitative leap in the activities of this rapidly growing cluster,” Mantas Katinas, director general of Invest Lithuania, said.

By the end of 2015 AL-KO and Dexter Axle – a trailer axle and brake supplier from the US – are united under the roof of the new company DexKo Global Inc. with a turnover of over USD 1 billion. It has become the world’s largest axle and chassis component manufacturer in this segment and it is planned to grow further.

At present, the DexKo Global has around 4,200 employees in 45 countries worldwide. AL-KO Vehicle Technology is represented on all continents of the globe – with a total of 2400 employees and over 40 production locations, sales companies and around 1000 service stations.

Share now:

Recommended

All news
Hi, my name is Oleg Volkov. I’m a PR Project Manager. If you have any questions, just let me know.
Please enter a valid e-mail address
Please enter your name
Please enter your message
Thank you, your inquiry has been sent. Our skilled investment advisors will get in touch with you to offer the best investment solutions in Lithuania.

We use cookies to give you the best online experience.
By using our website you agree to our use of cookies in accordance with our cookie policy.

Subscribe to our monthly newsletter!

Don't miss out on all the latest news on the Lithuanian business environment.
Enter valid email, please
Thank you for subscribing
Or follow our newsfeed at:
We value your privacy. Your contact information will not be shared.