Šiauliai region | Regions of Lithuania

IMAGE TO BE REPLACEDŠiauliai region

Dirk Zwick, Board member, Baltik Vairas

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. ,,

“

Your business location in Lithuania

Riding the road to technical perfection

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 manufactur-ing, Šiauliai has adapted its compe-tencies to supply products across a number of industries such as heating and ventilation equipment.

The fully functioning 216 ha. Šiauliai Industrial park offers a fast and cost competitive solution for companies wishing to establish new manufacturing operations abroad.

Mechanical engineering

6 Vocational schools 3 Colleges 1 University

Electrical equipment and home appliances

Construction materials Textile and leatherprocessing

138 600 Labour pool

17,6% Employees in manufacturing

14,8% Seeking employment

€540 Region average salary

12 420 Number of students

1 2 3

Industrial competences

Key facts

TOP EXPORT COUNTRIESGermany, Sweden, Poland, Latvia, Russia.

INDUSTRIES SERVEDInterior and fashion, construction and fishing.

EXPORT PRODUCTION56%

Business & administration

Other

Social & behavioural

Architecture & construction Social services & healthcare

Engineering &engineering professions

17%

9% 17%

22%

19%

16%

Bicycles, HVAC equipment and retail equipment, and metal components.

Bedding, soft furnishings, mattresses, clothing, and footwear and fishing nets.

Electrical distribution equipment, household appliances and electric bicycles.

Cement, roofing sheets and tiles, facade/interior boards and panels, and fiber-reinforced composite.

Labour pool / 2013

The region contributes 7.6% to GDP, making it the 4th largest contributor in the country.

286 000 Number of residents

TOP 5 EDUCATIONAL PROGRAMMES (BY NUMBER OF STUDENTS)

FDI in the region / 2012

*Sources: Lithuanian National Statistics, 2014

17%

17%

22%

Gro

wth

: 23%

2012

€174 m

€142 m

2008

50% Manufacturing

30% Agriculture, forestry & fishing

6% Wholesale & retail

3% Real estate operations

11% Other€174 m

Infrastructure

Vilnius Airport212 km

Kaunas Airport161 km

Riga Airport (LV)144 km

Šiauliai Cargo AirportImmediate access

Klaipėda Seaport 161 km

Šiauliai

ŠIAULIAIKLAIPĖDA

PALANGA

BELARUSPOLAND

LATVIA

BALTICSEA

RUSSIA

KAUNAS

VILNIUS

PANEVĖŽYS

Industrial Scandpark (Kuršėnai)www.scandpark.com

Šiauliai industrial park Šiauliai free economic zone0% tax on profits and dividends*

Naujoji Akmene free economic zone0% tax on profits and dividends*

SEZ

FDI STOCK GROWTH (2008-2012)

FDI BY SECTOR (2012)

DK

NL SE IS

DETop 5 investors by country

*Conditions apply

Special Economic Zones

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

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 and access government financial support and a range of training schemes.

SUPPORT your investment by lobbying for more business friendly laws and assisting in one-off problems.

CONTACT US:

Rugile Andziukeviciute

www.investlithuania.com

T: +370 5 2159760E: [email protected]: Jogailos St. 4 / LT – 01116 / Vilnius / Lithuania

Mechanical engineering Electrical equipment and home appliances

Construction materials Textile and leatherprocessing

141014

PHOTO

Top manufacturers by sector

Other leading manufacturers in the region