Vilnius region - Invest Lithuania

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.
Alan J. Malus,
Executive Vice President and President,
Laboratory Products and Services, Thermo Fisher
Vilnius region
Where top talent and great ideas meet
Your business location in Lithuania
Key facts
1
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.
2
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.
3
4
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.
Largest share of Lithuania’s GDP
(40,1%)
Industrial competences
Life sciences
Electronics,
photonics and optics
IT
Shared services and
BPOs
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.
Video game engines, digital
marketing tools, web and mobile
applications, cloud services, F&A
software solutions, cybersecurity
solutions, predictive analytics.
F&A, IT, HR, Customer Operations
and more: legal processes,
procurement, business intelligence
and analytics.
Top export countries
Industries served
Value of locally produced
exports in relation to
regional GDP
Germany, Russia, Latvia, Poland.
Finance, construction, logistics, retail, consumer electronics,
R&D laboratories and industrial machinery, digital services.
15%
Labour pool / 2014
806 319 Number of residents
425 400 Labour pool
20 Vocational schools
10 Colleges
12 Universities
NEED
JOB
13,26% Employees in manufacturing
77 715 Number of students
TOP 5 EDUCATIONAL PROGRAMMES (BY NUMBER OF STUDENTS)
8,5% Seeking employment
15%
Other
6%
Health and welfare
€768 Region average salary
48%
Social sciences,
business and law
9%
Humanities and Arts
17%
Engineering,
manufacturing and
construction
5%
Services
Infrastructure
LATVIA
BALTIC
SEA
Vilnius
ŠIAULIAI
PALANGA
Kaunas Airport
96 km
PANEVĖŽYS
KLAIPĖDA
Port of Klaipėda
309 km
KAUNAS
Riga Airport (LV)
302 km
VILNIUS
RUSSIA
Warszaw (PL)
454 km
POLAND
Less than 3hrs flight to
London
Amsterdam
Berlin
Frankfurt
Dublin
Helsinki
BELARUS
Stockholm
Moscow
SEZ Special Economic Zones
Ukmergė Industrial Park
www.stansefabrikken.com
Science & Technology Parks
Santara Valley
www.santariskes.eu | Specialisation: biotechnology, innovative medical
technologies, molecular medicine and biopharmacy, ecosystems and
sustainable development, informatics and communication technologies.
Sunrise Valley
www.sunrisevalley.lt/en | Specialisation: laser
and light technologies, materials science and
nanotechnologies, semiconductor physics and
electronics and civil engineering.
Visoriai Information Technology Park
www.vitp.lt/en | Part of Santara Valley
Northtown Technology Park
www.smtp.lt
*Conditions apply
FDI in the region / 2014
FDI STOCK GROWTH (2010-2014)
TOP 5 INVESTORS BY COUNTRY
EE
NL
SE
DE
NO
€9,239.59M
FDI BY SECTOR (2014)
2014
Finance and Insurance
40%
€6,226.01M
Growth: 48%
Real estate
16%
Wholesale and Retail
12%
Information and Communication
8%
Manufacturing
8%
R&D
2010
5%
Other
11%
€9,239.59M
*Sources: Lithuanian National Statistics, 2014
Top companies by sector
Life sciences
Electronics,
photonics and optics
IT
Shared services and
BPOs
Top start ups
Other leading investors
CONTACT US:
We are a government agency that provides free investment advice, contacts and data.
Let’s talk if you need someone to:
Rugilė Andziukevičiūtė
Regional Development Team Lead
T: +370 521 59760
E: [email protected]
A: Jogailos St. 4 / Vilnius LT-01116 / Lithuania
www.investlithuania.com
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