Kaunas Free Economic Zone
Economy

Kaunas FEZ launches an innovative service: forklift sharing point

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 sharing point where companies operating in Kaunas Free Economic Zone will be able to rent a forklift without any middlemen. […]

HELLA factory in Kaunas FEZ
Economy

HELLA officially started their production in Kaunas Free Economic Zone: the first shipment for customers was prepared in record time

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 time, a press release from the Kaunas FEZ states. […]

Kaunas Free Economic Zone
Economy

New details in Hella’s investment story: German giant chooses Kaunas FEZ

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 plant is planned and this will create up to 250 new jobs. Depending on the pace of growth, more investments are expected in the future. […]