Thanks to continued strong growth in its revenue, furniture manufacturer Theca Furniture has further expanded its operations in Lithuania by opening a new production facility in the city of Alytus. The new, €2 million facility opened this August, creating up to 140 new jobs.

Why should robotics businesses invest in Lithuania? The country may not yet be known as a robotics powerhouse, but the Lithuanian economy offers a unique combination of technical talent, openness to innovation, and connections to the rest of Europe.

In an effort to ensure the competitiveness of Lithuanian business in the EU and global markets as well as to encourage investment in scientific achievements and high technology, Lithuania offers corporate income tax relief, which is available to companies investing in research and development (R&D).

The Lithuanian education system turns out an impressive number of engineers, helping to make the Baltic nation attractive to outside investment. Lithuania’s business environment has also helped it nurture robotics startups and international partnerships.

Everything moves fast in the Lithuanian capital Vilnius. An up-and-coming youth and international companies eager to invest, have sent the commercial city soaring.

On 6 October the Ministry of Finance, the Bank of Lithuania and the City of London Corporation are holding a conference on FinTech for policy developers, regulators, academics and business representatives from the finance sector, plus anyone else interested in the development of the industry.

When: October 6, 2016
Where: Vilnius, Lithuania

This is Central Europe‘s largest auto conference which each year hosts more than 200 delegates and more than 50 speakers from key carmakers and suppliers. The event will give you opportunity to meet industry‘s top level players, and make new clients or partners.

When: October 11-12, 2016
Where: Prague, Czech Republic

Building on the success of previous events, this year’s Baltic Strategic SSC Conference takes place in Vilnius, the region’s fastest-growing and most attractive SSC destination.

To qualify for a special discount, when registering please use the following code “BALTICSSC-15OFF-GO-LITHUANIA”.

When: October 12-14, 2016
Where: Vilnius, Lithuania

The Aviation Forum is uniquely positioned to bring together Lithuanian aviation industry leaders, international experts and practitioners.

When: October 25, 2016
Where: Vilnius, Lithuania