Šiauliai region - invest lithuania · kaunas airport 161 km Šiauliai cargo airport immediate...

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Historic home of high-end manufacturing solutions ŠIAULIAI REGION YOUR BUSINESS LOCATION IN LITHUANIA 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. Peter Ferlev Jensby General Director, Baltik Vairas UAB

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Page 1: ŠIAULIAI REGION - Invest Lithuania · Kaunas Airport 161 km Šiauliai Cargo Airport Immediate access Vilnius International Airport 212 km KLAIPĖDA PALANGA PANEVĖŽYS POLAND BELARUS

Historic home of high-end manufacturing solutions

ŠIAULIAI REGION

YOUR BUSINESS LOCATION IN LITHUANIA

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.

Peter Ferlev JensbyGeneral Director, Baltik Vairas UAB

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

CONTACT US:

Živilė KazlauskaitėHead of Regional Development TeamT: +370 5 204 7816E: [email protected]

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.

Page 2: ŠIAULIAI REGION - Invest Lithuania · Kaunas Airport 161 km Šiauliai Cargo Airport Immediate access Vilnius International Airport 212 km KLAIPĖDA PALANGA PANEVĖŽYS POLAND BELARUS

KEY POINTS

THE MAIN FIELDS OF STUDY18%

10,9% 9%

26%

13%€ 693

135 800

Region’s key competencies in furniture production and textiles have been able to form a cluster which now services the renowned worldwide brand IKEA.

Employees in manufacturing

Unemployed

Region average salary

Labour pool

With its long history in 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.

The region contributes 7.2% to GDP, making it the 4th largest contributor to the Lithuanian economy.

9 524

6 Vocational schools 3 Colleges

Number of students

1 University

11%

30%

Health and Welfare

Education

Social sciences, Business and Law

Engineering, Manufacturing and

Construction

Services

LABOUR POOL

1 2 3 4

INDUSTRIAL COMPETENCESMECHANICAL AND ELECTRIC ENGINEERING

FURNITURE CONSTRUCTION MATERIALS TEXTILE, LEATHER AND SEWING

Electric and regular bicycle production, HVAC and retail equipment, metal components. Electrical distribution equipment, and household appliances.

Soft furniture, wooden furniture, mattresses.

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

Bedding, clothing and footwear, and fishing nets.

11%

Other

Page 3: ŠIAULIAI REGION - Invest Lithuania · Kaunas Airport 161 km Šiauliai Cargo Airport Immediate access Vilnius International Airport 212 km KLAIPĖDA PALANGA PANEVĖŽYS POLAND BELARUS

INFRASTRUCTURE

Šiauliai industrial park

Šiauliai FEZ: https://www.investmentpartner.lt/siauliai-free-economic-zone/

International Riga Airport144 km

Port of Klaipėda161 km

Kaunas Airport161 km

Šiauliai Cargo AirportImmediate access

Vilnius International Airport212 km KLAIPĖDA

PALANGA

PANEVĖŽYS

BELARUSPOLAND

LATVIA

BALTICSEA

RUSSIA

KAUNAS

VILNIUS

ŠIAULIAI

SEZ SPECIAL ECONOMIC ZONES

MACROECONOMICS

7,2%4th largest 17% 10%

31,4%

177m

Top 5 investors by country

FDI stock growth, € FDI growth

Top export countries:

Share of export of Lithuanian origin production

Germany, Sweden, Latvia, Poland, Norway.

Denmark, Germany, the Netherlands, Sweden, Ireland.

Share GDP growth 2010-2015

GDP

EXPORT

FDI IN THE REGION (2010-2015)

TOP FDI INDUSTRIES (2015)

Manufacturing

Agriculture

Other

55%

27%

18%

Page 4: ŠIAULIAI REGION - Invest Lithuania · Kaunas Airport 161 km Šiauliai Cargo Airport Immediate access Vilnius International Airport 212 km KLAIPĖDA PALANGA PANEVĖŽYS POLAND BELARUS

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

CONTACT US:

Živilė KazlauskaitėHead of Regional Development TeamT: +370 5 204 7816E: [email protected]

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 MANUFACTURERS BY SECTOR

OTHER LEADING MANUFACTURERS IN THE REGION

MECHANICAL AND ELECTRIC ENGINEERING

FURNITURE CONSTRUCTION MATERIALS TEXTILE AND SEWING

Plastic injection & assembling