The Government has approved a proposal by the Ministry of the Economy and Innovation to restore the territory of the Kaunas Free Economic Zone (FEZ) as previously envisaged, the ministry said in a press release on Wednesday.
Kaunas Free Economic Zone
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In 2019 47 foreign direct investment (FDI) projects were attracted to Lithuania, including companies from the prestigious Fortune 500 list. It is expected that 4,600 new jobs will be created, some of them with average gross salaries up to €4,000, "Invest Lithuania" counts.
German car parts giant Continental is launching its electronic components factory near Kaunas this week, more than a year after the construction was launched.
Channel Hotels and Properties, a company registered in the island of Jersey, a British Crown dependency, is seeking 8.221 million euros in debts from the operator of the Kaunas Free Economic Zone, Kauno Laisvosios Ekonomines Zonos Valdymo UAB, and a related company, Kauno LEZ Infrastruktura (Kaunas ...
Irish low cost airline Ryanair will launch flights to the German cities of Cologne and Nuremberg from Lithuania's Kaunas in July.
At the beginning of March, innovative forklift-sharing service will be launched in the territory of Kaunas Free Economic Zone. Alwark company, which has been providing loading and warehousing services as well as sales and rent of equipment in the Baltic countries has decided to establish a forklift ...
Hella, a German manufacturer of lighting technology and electronics products for the automotive industry, on Thursday officially opened its new 30-million-euro plant near Lithuania's second-biggest city of Kaunas.
German giant HELLA announced about the construction of its plant at the Kaunas Free Economic Zone just 10 months ago. Now, it can already celebrate its first shipment and the team of almost seventy employees, which managed to implement the most optimistic start-up plan for HELLA Lithuania in record ...
Hella KGaA Hueck & co., a German manufacturer of lighting technology and electronics products for the automotive industry, and the Lithuanian Kaunas Free Economic Zone have finalized a long term land lease agreement. During the first stage of development up to €30 million investment in a production ...
