Economy

Germany’s automotive electronics giant Hella opens its Lithuanian plant

“Lithuania and Germany have built close and intensive political relations, as well as economic ties and even military cooperation. Such political cooperation usually leads to the arrival of businesses. We see an example of this today,” Lithuanian President Dalia Grybauskaitė said at the inauguration ceremony.

She described the opening of the Hella plant in the Kaunas free economic area as proof of Lithuania’s transformation from a country of cheap labour to a country of innovative and high-skilled labour.

Hella President and CEO Rolf Breidenbach said that the company had chosen Kaunas as the location for its new plant after a very careful selection process.

Related Post

“We chose Lithuania, the region of Kaunas because here in Kaunas we found exactly what we require: a traditional industry region with a very educated workforce,” he said.

The Hella plant manufactured and shipped out its first products in late August. The company currently employs almost 70 people and plans to hire up to 250 within three years.

The Lithuanian electronics plant is the 14th one in Hella’s global network.

Share

Recent Posts

  • Latest

Message from the President’s Office to Paluckas on Žemaitaitis

While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…

1 month ago
  • Economy

Surprised by what’s happening in Lithuania: this is what makes us stand out in the EU

Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…

1 month ago
  • Politics

Will the coalition shut the door on Žemaitaitis?

"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…

1 month ago
  • Tribune

Airvolve has begun the patenting process for an exclusive aircraft

Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…

2 months ago
  • Latest

Bruveris. The world in 2025: a continuation of last year’s collapses towards new fires

The world is becoming smaller, more intertwined, and increasingly fragmented, with many of the previous…

2 months ago
  • Tribune

Why Fine Dining Is Gaining Popularity in Vilnius?

In recent years, Vilnius, the vibrant capital of Lithuania, has experienced a culinary renaissance. While…

2 months ago