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Peter Ferlev Jensby, General Director, Baltik Vairas UAB
Our skilled bicycle specialists and modern manufacturing line enables us to produce up to 500 000 bicycles per year for over 50 global brands. We are now focusing our efforts on developing skills within the industry’s most cutting edge field - electrical bicycle manufacturing. It’s because of the constant development of the region’s technical competences and local talent that we continue to thrive.
Šiauliai regionRiding the road to technical perfection
Your business location in Lithuania
The region’s well-established key competencies in leather production and textiles have enabled it to form a cluster which now services the renowned worldwide brand IKEA.
With its tradition of television production and technical manufacturing, Šiauliai has adapted its competencies to supply products across a number of industries such as heating and ventilation equipment.
The newly established 218 ha. Šiauliai Free Economic zone offers a fast and cost competitive solution for companies wishing to establish new manufacturing operations abroad.
Mechanical and electrical engineering
6 Vocational schools 4 Colleges 1 University
Furniture Construction materials Textiles, leather and sewing
11 341 Number of students
The region contributes 7.1% to GDP, making it the 4th largest contributor in the country.
Industrial competences
Key facts
Labour pool / 2014
139 700
18,57%
12.9%
€559
NEED JOB
Employees in manufacturing
Seeking employment
Region average salary
Labour poolNumber of residents283 464
TOP 5 EDUCATIONAL PROGRAMMES (BY NUMBER OF STUDENTS)
Engineering,manufacturing and
construction
Health and welfare
Social sciences, business and law
Services12%
10%
29%
28%
Other15%
Humanities and Arts6%
1 2 3 4
Germany, Sweden, Latvia, Poland, Norway.
Interior and fashion, construction, fisheries, ventilation equipment. 28.5%
Standard and electric bicycles, HVAC equipment, retail equipment, metal components, electrical distribution equipment and household appliances.
Bedding, soft furnishings, mattresses, clothing, and footwear and fishing nets.
Soft furniture, wooden furniture, mattresses.
Cement, roofing sheets and tiles, facade and interior boards and panels, and fiber-reinforced composite.
Top export countries Industries served Value of locally produced exports in relation to regional GDP
International Vilnius Airport212 km
Kaunas Airport161 km
Riga Airport (LV)144 km
Šiauliai Cargo AirportImmediate access
Port of Klaipėda 161 km
Šiauliai
Industrial Scandpark (Kuršėnai)www.scandpark.com | Devolt AMT UAB
Šiauliai industrial park Šiauliai Free Economic Zone 0% tax on profits and dividends*
Naujoji Akmenė Free Economic Zone0% tax on profits and dividends*
SEZ
*Conditions apply
Special Economic Zones
*Sources: Lithuanian National Statistics, 2014
FDI STOCK GROWTH (2010-2014) TOP 5 INVESTORS BY COUNTRY
FDI BY SECTOR (2014)
Gro
wth
: 24%
€160.43M
2010
2014
€199.25M
€199.25M
42%
22%
7%
5%
Manufacturing
Agriculture
Real Estate
Wholesale & Retail
24%Other
DK SE DE EENL
Infrastructure
FDI in the region / 2014
ŠIAULIAIKLAIPĖDA
PALANGA
BELARUSPOLAND
LATVIA
BALTICSEA
RUSSIA
KAUNAS
VILNIUS
PANEVĖŽYS
Mechanical andelectric engineering
Furniture Construction materials Textiles, leather andsewing
Other leading manufacturers in the region
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CONTACT US:
Rugilė AndziukevičiūtėRegional Development Team LeadT: +370 521 59760 E: [email protected]: Jogailos St. 4 / Vilnius LT-01116 / Lithuania
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INFORM you on business costs, labour, tax & legal settings and other business areas.CONNECT you to partners and organise your business meetings in Lithuania.FACILITATE the set up and launch of your company, as well as help you access governmental support.SUPPORT your investment by lobbying for more business friendly laws and assisting in one-off problems.
Top manufacturers by sector
