vilkaviŠkis region. lithuania gdp growth – 2.9% [1] inflation – 0.2% [1] 4 th lowest profit...
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VILKAVIŠKIS
REGION
Lithuania
GDP growth – 2.9% [1]
Inflation – 0.2% [1]
4th lowest profit taxes in the EU [2]
#1 for industry-university collaboration in the CEE region [3]
#2 most favourable country for investment in Europe and #16 in the World [4]
1st in the CEE for quality of roads [5]
Source 1: Ministry of Finance, 2014Source 2: KPMG, 2014 / BNP Paribas European Office Market, 2014
Source 3: European Commission, 2013 / WEF Global Competitiveness Report 2014-2015Source 4: Foreign Policy‘s Baseline Profitability Index 2014 / Centre of Registers, 2014
Source 5: FTTH Council, 2013 / WEF Global Competitiveness Report 2014-2015
Vilkaviškis region
Vilkaviškis municipality is situated at the border with Poland and Kaliningrad Region.
Population – 39,100
Labour pool – 23,500
Source: Statistics Lithuania, 2014-2015
Effective system of transport chain
Maximizing rail, sea, land and air advantages
RoadsSeaports International Airports
Rail
Rail infrastructure connects Vilkaviškis with Kaunas, one of the key rail distribution hubs in the Baltic States.
Cargo freights:
SaulėRuns from China to Belgium. Delivery time from Almaty (KZ) to Kaunas is 8 days.
VikingasConnects the Baltic and Black seas, offering up to 30% reduction on logistics costs compared to road transport.
More at www.intermodal.lt
Rail
Source: Lithuanian Railways, 2015
Seaports
Vilkaviškis is approximately two and a half hours drive from Klaipėda Seaport, which is the most northern ice free port in Europe.
Cargo handled in 2014
Klaipėda – 36.4 m tons
Riga – 41 m tons
Source 1: Port of Klaipėda, 2014Source 2: Freeport of Riga, 2014
Roads
Vilkaviškis is less than 20 min away from the Via Baltica highway, which links Eastern Europe with Western Europe and Scandinavia.
The E28 road connecting Vilnius with Kaliningrad goes through Vilkaviškis.
International Airports
Passengers carried in 2014:
Vilnius International Airport – 2,942,670[1]
Kaunas International Airport – 724,314[1]
Riga International Airport – 4,813,959[2]
Source 1: Lithuanian Airports, 2015Source 2: Riga International Airport, 2015
Companies in Vilkaviškis have a proven track record in
Food processing
Textile Wood processing
Largest manufacturers
The biggest 6 companies employ 3% of all the working population
Žemkalnija
Clothing production
EMP: 294
Kaisa & Co
Food production
EMP: 173
Kelio ženklai
Metal and wood processing
EMP: 93
Baltijos tekstilė
Textile
EMP: 93
FurnMaster
Manufacture of furniture
EMP: 92
Savas
Bakery
EMP: 179
Source: Rekvizitai.lt, 2015
Foreign Direct Investment (FDI)
1,94 mln EUR of FDI FDI in Vilkaviškis region(mln EUR)
2010 2011 2012 2013
1,88 1,72
1,95 1,94
Source: Statistics Lithuania, 2013
Skilled workforce andattractive labour cost
speak at least oneforeign language
23,500 Working-age people
11,3%Seeking employment
73%
62%
24%
9%
speak Russian
speak English
speak German
Source 1: Statistics Lithuania, 2011-2013Source 2: Lithuanian Labour Exchange, 2015
Attractive labour cost
Vilkaviškis boasts a pool of highly skilled and competetive professionals, making it a sustainable location for business growth
Monthly average gross salary (EUR)
Lithuania Vilnius Marijampolė
Vilkaviškis
677,4797,6
578,8512,2
Source: Statistics Lithuania, 2014
Qualification and competences.Vocational education
Marijampolė Vocational Education and Training Centre, Vilkaviškis Department
248 students
47% are studying engineering
Gives both young people and adults the opportunity to gain new skills and knowledge
Provides training and retraining, and opens up new professions
Helps improve professional skills
Source: Statistics Lithuania, 2014-2015
Marijampolė Vocational Education and Training Centre
1100 students
32% are studying engineering and manufacturing
Marijampolė College
983 students
14% are studying engineering and manufacturing
Talent pool close to Vilkaviškis Region
Within 30 min you can reach:
Source: Statistics Lithuania, 2014-2015
Vilkaviškis Industrial Zone
Location: 26 km to Marijampolė,80 km to Kaunas, 1 km to Vilkaviškis
Plot size: 27 ha
Access: paved road
Plot delivery for sales time: 6 months (state owned)
Electricity availability: 7,9 MW station in range of 2 km
Source 1: Forbes, 2014Source 2: State Tax Inspectorate Under the Ministry of Finance of the Republic of Lithuania, 2014Source 3: State Social Insurance Fund Board of the Republic of Lithuania under the Ministry of Social Security and LabourSource 4: KPMG, 2014Source 5: Vilkaviškis Region Municipality, 2015
Business friendly environment
Ease of starting Business / World ranking – 11th [1]
Ease of doing business / World ranking – 24th [1]
Time for establishing a business – 3 days [2]
VAT – 21% [2]
Personal income tax – 15% [2]
Social security tax paid by employer – 30.98% [3]
15% corporate tax rate – 4th lowest corporate tax in EU [2,4]
Real Estate tax – 0,6-3% [5]
Land lease tax for commercial areas – 0,75-4% [5]
A place to visit, enjoy, discover and invest in
The beautiful Classicist Paezeriai Manor – the jewel in
the crown of the entire region of Suduva – is
nestled within the picturesque
surroundings of Vilkaviškis district.
Vilkaviškis can also lay claim to being one of the
homes of Lithuanian letters. The founder of the first Lithuanian language newspaper Aušra – Jonas Basanavičius – was born
there.
While for those seeking a healthy way to unwind – Vištytis regional park offers
a number of pictureque cycling and
walking routes.
Testimonials
Lars Malte
Headcount: 180+
Est.: 1999
Functioning as two separate entities under one roof (Furnmaster and Baltic textile), our factories supplies high end top quality furniture fabric and furniture for a discerning predominantly Nordic and German client base. Since establishing operations in Marijampole in 1999, the companies has expanded and opened a site in Vilkaviškis, and it now employs more than 180 skilled and experienced professionals in total. It is the people, and the dedication and skill that they bring to their work, which has allowed us to develop and build to where we are today.
Vilkaviškis Tourism and Business Information Center
Daiva RiklienėTel: +370 342 205 25E-mail: [email protected]
J. Basanavičiaus sqr. 7LT-70101 VilkaviškisLithuania
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