Success Stories
Providing products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and industrial products, the world’s second biggest corporation GENERAL ELECTRIC (GE) serves customers in more than 100 countries and employs more than 300,000 people worldwide. The company expanded its operations to Lithuania in 2006 with the opening of the Lithuanian office of its branch GE’s TIP Trailer Services, which is Europe’s leading logistics services provider. The inclusion of Lithuania allows GE’s TIP Trailer Services to establish a network covering the entire Baltic Region.
German-based DEMATIC, a global leader in logistics automation equipment supply, launched its engineering office in Lithuania’s industrial centre Kaunas in 2007. The biggest technical university in the Baltics which is located in Kaunas, and, also, Lithuania’s proximity to one of DEMATIC’s major markets, Scandinavia, were strong factors influencing DEMATIC’s decision to select Lithuania. Other factors which had a significant influence were a well-developed infrastructure, air links, competitive costs as well as business-favourable labour market trends. This facility is now DEMATIC’s second engineering consulting office after the UK for the company’s activity in the Northern European area.
RGE ENGINEERING, a privately owned UK company specialising in the design and manufacture of a variety of plastic components and operating not only in the UK, but also in China, the USA and Portugal, entered Lithuania in 2007. The company established a manufacturing site in Northern Lithuania. RGE ENGINEERING selected Lithuania for its central, advantageous location in the Eastern European region for the further expansion of business.
In 2006 Lithuania and its capital Vilnius were selected as the best location for the regional business expansion of AUTOLOGIC GROUP, the leading independent automotive logistics supplier in Europe. According to the head of AUTOLOGIC GROUP John Merry, Lithuania has been selected to establish an office to service the whole region of Eastern Europe, because it has an exceptionally highly developed transport sector, a very favourable geographical location (close to Russian and other eastern markets), and local managers are very competent and speak more than one foreign language.
Operating in 75 countries, IBM, the world’s largest IT company, selected Lithuania as the most promising country for the prospective expansion of IBM after an analysis of development perspectives of IBM branches in the region of Eastern Europe. Lithuanian IBM is servicing the whole Nordic Europe Region, including Finland, Sweden, Norway, Denmark as well as the Baltic States.
The Japanese IT leader in customer relations management (CRM) solutions and marketing systems, INTERLOGICS, which services the largest Japanese companies such as Sony, Borland Japan, AOL Japan, IDG Japan etc, established a representative office in Lithuania, which has been successfully coordinating the expansion of Japanese investment in other European countries since 2003.At the end of 2004, one of the world’s largest plastic products manufacturers, INDORAMA of Thailand, started construction of the Orion Global PET, a major high-tech PET granule manufacturing plant in the Klaipeda Free Economic Zone. The amount of investments will reach EUR 86 m.
IKEA, one of the world’s largest home furnishings companies, today is Lithuania’s main wood and furniture customer. Lithuania now is the fifth largest furniture supplier for IKEA, operating 165 stores in Europe, North America and Asia and sourcing products from approximately 1,600 suppliers in 55 countries.
In 2002, TRANSCOM WORLDWIDE, Europe’s largest geographic CRM solution provider for companies in a wide range of industry sectors, entered Lithuania. Today TRANSCOM WORLDWIDE Vilnius customer call centres provide professional customer relations management services and information for many international companies in a multitude of industries in Lithuania, Estonia, the UK, Germany, Ireland, other European countries, and the U.S.A., in English, German, French, Polish, Russian, Danish, and other languages.
In 2004 AON CORPORATION, the world’s leading provider of risk management services, insurance and reinsurance brokerage, as well as human capital and management consulting, acquired the Lithuanian human capital and management consulting company Delta Management Solutions operating in Lithuania since 1992. The Lithuanian Aon Alliance Partner has continued to expand and innovate, offering recruitment and selection services to local businesses and foreign investors in Lithuania, Russia, the former CIS states as well as Central & Eastern Europe. Adapting to growing client needs and changing market conditions, the office added executive search, temporary staffing & employee leasing services to the Lithuanian market, and expanded its greenfield support activities to Asia and most recently the Balkans.
DSV, an international transport and logistics company, which offers a wide range of international transport services all around the world, has been operating in Lithuania for over 10 years now. Due to Lithuania’s favourable geographic location and excellent infrastructures, Lithuania's DSV has been successfully expanding its activities, i.e. high quality air, sea, and road transport services.
SCHENKER, one of the leading international providers of integrated logistics services, expanded its activities to Lithuania in 1997. Schenker UAB, now rapidly expanding, provides a complete range of professional logistics and distribution services from European land transport, international air and sea freight forwarding, the organization of international fairs and exhibitions, and industrial projects to integrated logistics management. Due to growing market demands, the Lithuanian company’s staff has grown over tenfold now.
