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Success stories 

BARCLAYS

BARCLAYS (UK) - Barclays Bank established a Technical Support Centre in 2010 in the city of Vilnius. The company has already created almost 960 jobs.

BARCLAYS is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 140,000 people worldwide. See more

 

CALLCREDIT

CALLCREDIT (UK) established its first foreign operations branch abroad in Kaunas in 2012 and now employs 65 IT specialists. The Group has invested around €17.4 million for the expansion of its business capacity in Lithuania, focused on the development of innovative products and services to help businesses make smarter and more informed decisions.

CALL CREDIT manages consumer data for businesses across every sector in the UK and around the world. The Group's customers include many leading companies in the UK, including all of the clearing banks, several major international lenders, media communications businesses, and petroleum, automotive, power and retail organizations.

 

COCA COLA

COCA COLA (US) – Currently, COCA-COLA HBC LITHUANIA has its representative office in Vilnius and operates sales and distribution centres in Vilnius, Kaunas, Klaipeda and Panevezys. In May 2010, the company closed its production facility in Estonia and transferred production of PET bottles to Alytus. The project value was estimated at €2 million, creating almost 20 jobs at Coca-Cola, and more for suppliers of services and goods.

COCA-COLA HBC LITHUANIA has been operating in Lithuania since 1994. In 2000 the company invested €1.3 million building a new bottling line at its plant in Alytus. In 2006 & 2007 it expanded its capacity by investing over €4 million in equipment and facilities.

 

IKEA

IKEA (Sweden) – will open its first store in the Baltic countries in Lithuania’s capital Vilnius this year. In 2008, IKEA invested approximately €72.4 million into one of the largest furniture factories in Lithuania to develop the company’s business in the Baltic Sea Region. In 2005, IKEA established an administration center for its European operations in Kaunas, investing €1.28 million and creating 40 jobs.

Lithuania has been one of the main wood and furniture suppliers for IKEA, one of the world’s largest home furnishings companies. IKEA operates 165 stores in Europe, North America and Asia, sourcing products from approximately 1,600 suppliers in 55 countries.

 

WESTERN UNION

WESTERN UNION® (US) - In May 2010, the US-based payment transfer firm Western Union Financial Services, opened its Global Operations Center of Excellence in Lithuania. The center in Vilnius is the company’s third Global Operations Center. The main reasons for choosing Lithuania were Lithuania’s high-skilled, well-educated and multilingual professionals, country’s stable political environment, world-class infrastructure and the Government’s policy in attracting FDI. Western Union now has 780 employees. In June 2011, Invest Lithuania named Western Union Investor of the Year at the Lithuanian Business Leaders’ award ceremonies. 

The WESTERN UNION COMPANY is a leader in global money movement and payment services with more than 510,000 agent locations in over 200 countries and territories around the world.

 

MOOG

In 2009, MOOG MEDICAL (a subsidiary of Moog, US) acquired a 100-percent holding in Viltechmeda a Lithuanian company, which manufactures, sells and repairs medical equipment, devices for infusion and syringe pumps. In 2011 MOOG opened its Medical High Technologies Centre at Visoriai Information Technology Park in Vilnius. The centre focuses on the development of medical technologies and innovations and is the only MOOG MEDICAL DEVICES GROUP medical devices maintenance centre in Europe.

 

COMPUTER SCIENCE CORPORATION (CSC)

COMPUTER SCIENCES CORPORATION (CSC) - of the United States entered the Lithuanian market in 2008. Lithuania was selected by the company as the best place for the expansion of its business in the Baltic Sea Region, given its very close and successful business relations with Northern European countries. CSC invested €11.27 million and now has more than 280 employees in Vilnius. 

CSC – is a global leader in IT services, employing 93,000 professionals around the world.

 

PHILIP MORRIS

PHILIP MORRIS Lietuva - since establishing its headquarters in Lithuania in 1993, Philip Morris International Inc. (PMI) has invested more than €100 million and employs over 430 workers in Lithuania. Lithuania was chosen by Philip Morris International, because of its good geographic location, reasonable market size and potential for business expansion to neighboring countries.

PHILIP MORRIS INTERNATIONAL INC. is the leading international tobacco company, with seven of the world’s top 15 international brands. PMI’s products are sold in more than 180 countries.

 

TEVA

TEVA PHARMACEUTICAL INDUSTRIES (Israel) produces recombinant proteins for medical use, including interferon alpha-2b, human growth hormone, granulocyte colonies stimulating factor and erythropoietin. It is the only factory of its kind in Central and Eastern Europe. The company has a strong and very well equipped research centre, developing technology for the production of recombinant proteins. Teva started its activities in Lithuania in 2006, when they acquired the Lithuanian biotechnological pharmacy UAB Sicor Biotech. Notably, the company introduced a 25-35% cheaper but just as effective version of an existing medicine for treating cancer to the world market.

TEVA PHARMACEUTICAL INDUSTRIES develops, manufactures, markets, and distributes pharmaceutical products worldwide. It offers generic pharmaceutical products and basic chemical entities, as well as specialized product families, such as sterile products, hormones, narcotics, high-potency drugs, and cytotoxic substances.

 

TERMO FISHER SCIENTIFIC

THERMO FISHER SCIENTIFIC (US) – In May 2010 the world leader in science services Thermo Fisher Scientific Inc. acquired Fermentas, a Lithuanian manufacturer and global distributor of enzymes, reagents and kits for molecular and cellular biology research for almost €183 million. Fermentas is now integrated into Thermo Fisher Scientific’s Analytical Technologies Segment and employs almost 450 people. The total capital investment to date has reached €202.7 million. The company has the ambitious goal of generating 1.1% of Lithuania’s GDP by 2020.

With revenues of more than €10 billion, THERMO FISHER SCIENTIFIC employs 39,000 employees worldwide and serves customers in pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as the environmental and process control industries.

 

TRANSCOM

In 2002, TRANSCOM (Sweden), a global provider of outsourced customer management services entered Lithuania by establishing a contact centre. Since then, TRANSCOM has expanded to 690 employees who provide professional customer relationship management services and information for international companies spanning a variety of industries. TRANSCOM's clients are based in many countries, such as Lithuania, Estonia, the UK, Germany, Ireland, other European countries, and the United States. The company provides services in many languages, including all Baltic languages, Russian, English, German, French, Italian, Spanish, among others.

 

MIRROR

MIRROR (Norway) started its activities on the Lithuanian market in 2002. LINDORFF based this decision on the high quality of Lithuanian human resources as well as low business operation costs. Mirror now has a team of more than 60 people in Lithuania.

LINDORFF is one of the leading providers of debt-related administrative services to banks, insurance, finance, telecom & utilities companies, retail and SMEs in the Scandinavian countries, Germany, the Netherlands, Russia and the Baltic States. Currently Lindorff has 2600 employees in 11 countries.

 

INDORAMA

INDORAMA (Thailand) established Orion Global PET, a major high-tech PET granule manufacturing plant in the Klaipeda Free Economic Zone. Construction began towards the end of 2004 and the plant now operates with a capacity of 150,000 tons per year. Indorama Group controlled 12% of the world’s plastic packaging raw materials before it built the new factory in Klaipeda. The company’s global market share is now about 30%. A total of €86 million were invested into the project, creating 120 jobs.

INDORAMA is a cluster of leading companies that form the world’s largest manufacturers of Polyester and PET as well as are one of the largest producers of PTA in the world.Indorama products are shipped to over 90 countries across four continents and over 20,000 employees are the proud members of Indorama family of companies.

 

CITCO

CITCO opened its office in Vilnius in 2007. Today CITCO VILNIUS employs 138 employees who provide accounting and corporate legal services to top class international clients, especially in the fields of real estate investment funds and multinational companies.

CITCO is a group of companies specializing in the global financial services industry (business solutions, fund services, banking and custody) for over 70 years, and employing over 5,000 people worldwide in 44 countries

 

MARS

MARS Lietuva, a subsidiary of Mars, Inc. (US), produces pet food and care products under the brand names such as Pedigree® and Chappi®, Whiskas®, Kitekat®, Sheba® and Exelcat®. Today, Mars Lietuva employs more than 800 specialists and is the largest pet food manufacturer in the Baltics, with an annual output of up to 100 000 tonnes, supplied to more than 20 countries in Western and Central Europe and the CIS. The company‘s Sales and Marketing division is based in Vilnius.

 

DFDS SEAWAYS

Today, DFDS SEAWAYS (Denmark)  is one of Europe's leading ferry and mini-cruise providers. Its ferries and cruise-ferries operate between Copenhagen and Oslo, on the North Sea (Newcastle-Amsterdam and Harwich-Esbjerg), the English Channel (Dover-Dunkirk), and the Baltic Sea (Klaipeda-Kiel/Karlshamn/Sassnitz). In Lithuania, DFDS leads the list of the country’s top airfreight forwarders.

In 2001, the Danish company DFDS Tor Line A/S purchased 76.36 percent of shares in LISCO from the state for a total of €53 million and pledged to invest a sum of €67 million in the shipping company. In 2010, the company’s name was changed to DFDS Seaways.

 

CIE AUTOMOTIVE

CIE AUTOMOTIVE (Spain) – CIE LT Forge is a modern metalworking facility. It specializes in the production of forged and machined parts for the automotive industry. CIE LT Forge was established in 2007, after CIE Automotive acquired UAB Peer Industries and expanded its manufacturing operations by opening a new hot forging and machining facility of over 12000 m² based in Marijampole.

CIE Automotive is a global full service supplier of components and subassemblies for the automotive market (VW, Renault, General Motors, Ford, PSA, Continental etc.) and employing more than 12,000 people worldwide

 

DEMATIC

DEMATIC (Germany) – Dematic launched its engineering office in Kaunas in 2007. The presence in Kaunas of the biggest technical university in the Baltics and Lithuania's proximity to Scandinavia, one of Demantic's major markets, were strong factors influencing the company's decision to select Lithuania. Other factors that had a significant influence were the country's well-developed infrastructure, air links, competitive costs as well as business-favorable labor market trends. This facility is now Demantic’s second engineering consulting office after the UK for the company’s activity in the Northern European region.

DEMATIC is a global leader providing a comprehensive range of intelligent intralogistics and materials handling solutions.

 

BLRT GRUPP

BLRT GRUPP (Estonia) - In 2001 the Estonian BLRT Grupp purchased the main holding of shares of the Lithuanian ship repair company Western Shipyard (Vakaru Laivu Remontas) in Klaipeda and began to reconstruct the company. Today Western Shipyard is one of the largest corporations in Lithuania, incorporating 22 companies.

BLRP GRUPP is now a multi-profile concern with a well-developed modern structure and active participation in the Estonian, Latvian, Lithuanian, Finnish, Norwegian and Russian markets.

 

DSV TRANSPORT

DSV TRANSPORT (Denmark) - With a 12,000 sq. m terminal, offices in Vilnius, Kaunas and Klaipeda, and a solid network of business partners, DSV Transport UAB, a subsidiary of the largest Danish transport and logistics group, is one of the largest providers of transport and logistics services in Lithuania. Due to Lithuania’s favourable geographic location and excellent infrastructure, Lithuania’s DSV has been successfully expanding its activities.

DSV TRANSPORT is a Danish transport company offering road, air, sea and logistical transport servicesworldwide. The company has offices in more than 70 countries all over the world and employs 22,000 employees.

 

ALBRIGHT INTERNATIONAL

ALBRIGHT INTERNATIONAL (UK) – Albright entered the Lithuanian market in 2008 when it opened the UAB Albright Lietuva factory in Klaipeda FEZ. Albright Lietuva is now profitably manufacturing its production in the Klaipeda FEZ, exporting 100 % of its production to the USA and Western European countries.

ALBRIGHT INTERNATIONAL is a manufacturer of the most popular and extensively used solenoid switches throughout the world established in 1946.

 

STOREBRAND

STOREBRAND (Norway) - Storebrand came to Lithuania in 2007. Since its establishment in Vilnius in 2007, the company has been a fast growing service center, supporting the companies of the Storebrand Group. Today UAB Storebrand Baltic has more than 250 employees. Storebrand chose Lithuania for its proximity to Scandinavia and its convenient timezone, as well as the fact, that Lithuania is an EU member and has highly educated, motivated and talented people.

STOREBRAND GROUP, with roots back to 1767, is a leading player in the Nordic markets for pensions, life and health insurance, banking and asset management. 

 

RGE ENGINEERING

RGE ENGINEERING (UK) – The company established a manufacturing site in Northern Lithuania for the design and manufacturing of plastic parts for large-scale furniture and appliances producers. RGE ENGINEERING selected Lithuania for its central, advantageous location in the Eastern European region for the further expansion of its business. The company’s capital investment amounted to €14.03 million, creating 100 jobs. Now RGE Baltic has about 130 employees.

RGE ENGINEERING is a privately owned UK company specializing in the design and manufacture of a variety of plastic components and operating not only in the UK, but also in China, the US and Portugal.

 

KRAFT

KRAFT FOODS (US) – Today, Kraft Foods is one of the leading food companies in the Baltics. Based in Kaunas, the company manufactures high quality chocolate confectionery products under the brand name Karuna, by now the best-known brand in Lithuania for many years. Currently, the Kraft Foods headquarters in Kaunas manages sales and marketing activities in all three Baltic States. The company has more than 550 employees.

KRAFT FOODS is one of the largest food and beverage companies in the world.

 

EUROMONITOR INTERNATIONAL

EUROMONITOR INTERNATIONAL (UK) - With offices around the world, analysts in 80 countries and market research on every key trend and driver, Euromonitor International‘s Vilnius office covers research and revenue generation for the whole of Central and Eastern Europe. The decision to open an office in Lithuania was based on the ready availability of local talent, the strategic location of the country, and proximity to clients throughout the region. The company is truly multicultural, with people of 16 different nationalities working in the Vilnius office. Everyone within the office speaks English fluently; the majority of employees have university degrees with a focus on economics, business, econometrics, computer science, or other related subjects. A number of employees have PhD level degrees and are teaching at local universities. Euromonitor’s clients include top global and regional corporations, the world’s major banks, consultancies, advertising agencies, as well as government libraries and business schools. Research excellence, careful attention to detail, and an intelligent and benefits-led approach are key factors in the contribution of the Vilnius office to the overall success of Euromonitor International.

EUROMONITOR INTERNATIONAL is the world leader in strategy research for consumer markets.

 

VALEANT PHARMACEUTICALS INTERNATIONAL

VALEANT PHARMACEUTICALS INTERNATIONAL, INC. (Canada) acquired AB Sanitas for approximately €314 million in 2011. Sanitas has a broad branded generics product portfolio consisting of 390 products in nine countries throughout Central and Eastern Europe, primarily Poland, Russia and Lithuania. The company has in-house development capabilities in dermatology, ophthalmology and hospital injectables, and a robust pipeline of internally developed and acquired dossiers. Sanitas Group operates world-class GMP compliant production facilities in Jelenia Gora, Poland, and Kaunas, Lithuania. More than 1,100 employees currently work within Sanitas Group, and more than 100 are employed in Lithuania.

VALEANT PHARMACEUTICALS INTERNATIONAL, INC. is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products.