Economy
Hella EN
Economy
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. […]
CORPORATE
Factories rise one after another in Lithuania: thousands of jobs to spread across the country
Recently a positive trend can be observed in Lithuania – we are increasingly frequently hearing about factories being established in the country, about their development and new foreign investors. Experts are celebrating that the construction […]
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. […]