Key Competitive Attractions
Lithuania’s second largest city, Kaunas is a major industry and services hub with developed sectors in textiles, food and drink production, chemicals, light industry, creative industries, pharmaceuticals, metals and metallurgy, ICT and wood products.
Key attractions:
- Kaunas has a Free Economic Zone, which has attracted many foreign investors.
- Lithuania’s biggest power plant - Kaunas Hydroelectric Power Plant.
- A new landmark is under construction, due for completion in December 2010 - the Zalgiris.
- Further developments are planned for the Vilijampole district.
- 20% of Lithuania's industrial output is produced in Kaunas.
- 20% of the National GDP is generated by the Kaunas economy.
- 10.8% of Lithuania's FDI is located in Kaunas.
- The county is also home to seven universities and numerous vocational colleges and research institutes.
Major companies:
Kraft Foods Lietuva, Sanitas group, Audimas, YIT, Senukai, Stumbras, Ragutis, Fazer Gardesis, (the largest wholesale, distribution and logistics firm in Lithuania and Latvia, Sanitex, Stora Enso Packaging, UBIG group, Aconitum, ACME group, Mikrovisata group, Selteka, Net Frequency, Baltijos Programine Įranga.
For a comprehensive list of foreign companies settled in Kaunas, please visit our website.
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