Transcript

Where top talent and great ideas meet

Your business location in Lithuania

Vilnius region

Alan J. Malus,Executive Vice President and President,Laboratory Products and Services, Thermo Fisher

Thermo Fisher’s investment in Vilnius is our symbol of confidence in the biotechnology talent within Lithuania and its potential impact worldwide. What is more, the university system here is world class, developing talented and innovative technical professionals that can compete in the global biotechnology field.

Home to 2/3 of the country’s IT talent, as well as the majority of its technology universities and colleges, Vilnius is a hub for software development, IT, R&D and computer game development.

Named ‘Best City’ for SSCs in the CEE region in 2015, and the destination of choice for top brands such as AIG, Nasdaq and Barclays, Vilnius is firmly on the map as a growth centre for SSC development.

Vilnius University, in co-operation with Santara valley, is able to offer the talent and infrastructure that are essential for the development of life sciences and biotechnology businesses.

Life sciences Electronics, photonics and optics

Germany, Russia, Latvia, Poland. Finance, construction, logistics, retail, consumer electronics, R&D laboratories and industrial machinery, digital services.

15%

Enzymes, medical devices for respiratory support, molecular biology products, generic and innovative pharmaceuticals, preparations and food suplements.

Scientific and industrial lasers, optical parametric amplifiers, solar cells and modules, metering equipment, wireless controls and remote fleet management systems.

Shared services and BPOsF&A, IT, HR, Customer Operations and more: legal processes, procurement, business intelligence and analytics.

IT

Video game engines, digital marketing tools, web and mobile applications, cloud services, F&A software solutions, cybersecurity solutions, predictive analytics.

1 2 3 4

Industrial competences

Key facts

20 Vocational schools 10 Colleges 12 Universities

77 715 Number of students

Labour pool / 2014

425 400

13,26%

8,5%

€768

NEED JOB

Employees in manufacturing

Seeking employment

Region average salary

Labour poolNumber of residents806 319

TOP 5 EDUCATIONAL PROGRAMMES (BY NUMBER OF STUDENTS)

Engineering,manufacturing and

construction

Health and welfare

Social sciences, business and law

Services5%

6%

48%

17%

Other15%

Humanities and Arts9%

Top export countries Industries served

Largest share of Lithuania’s GDP (40,1%)

Value of locally produced exports in relation to regional GDP

Vilnius

Sunrise Valley www.sunrisevalley.lt/en | Specialisation: laser and light technologies, materials science and nanotechnologies, semiconductor physics and electronics and civil engineering.

Santara Valley www.santariskes.eu | Specialisation: biotechnology, innovative medical technologies, molecular medicine and biopharmacy, ecosystems and sustainable development, informatics and communication technologies.

Visoriai Information Technology Parkwww.vitp.lt/en | Part of Santara Valley

Ukmergė Industrial Parkwww.stansefabrikken.com

Northtown Technology Parkwww.smtp.lt

Science & Technology Parks

SEZ

Kaunas Airport96 km

Riga Airport (LV)302 km

Less than 3hrs flight to

Warszaw (PL)454 km

Port of Klaipėda 309 km

LondonAmsterdam

BerlinFrankfurt

DublinHelsinki

StockholmMoscow

*Conditions apply

*Sources: Lithuanian National Statistics, 2014

FDI STOCK GROWTH (2010-2014) TOP 5 INVESTORS BY COUNTRY

FDI BY SECTOR (2014)

Gro

wth

: 48%

€6,226.01M

2010

2014

€9,239.59M

€9,239.59M

40%

16%

12%

8%

Finance and Insurance

Real estate

Wholesale and Retail

Information and Communication

5%R&D

11%

8%Manufacturing

Other

KLAIPĖDA

PALANGA

PANEVĖŽYS

BELARUSPOLAND

LATVIA

BALTICSEA

RUSSIA

KAUNAS

VILNIUS

ŠIAULIAI

Infrastructure

FDI in the region / 2014

EE SE DE NONL

Special Economic Zones

Other leading investors

Life sciences Electronics, photonics and optics

IT Shared services and BPOs

Top start ups

We are a government agency that provides free investment advice, contacts and data. Let’s talk if you need someone to:

CONTACT US:

Rugilė AndziukevičiūtėRegional Development Team LeadT: +370 521 59760 E: [email protected]: Jogailos St. 4 / Vilnius LT-01116 / Lithuania

www.investlithuania.com

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 companies by sector


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