JONAVA REGION. Lithuania GDP growth – 2.9% [1] Inflation – 0.2% [1] 4 th lowest profit taxes in the EU [2] #1 for industry-university collaboration in.

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Presentation transcript:

JONAVA REGION

Lithuania GDP growth – 2.9% [1] Inflation – 0.2% [1] 4 th lowest profit taxes in the EU [2] #1 for industry-university collaboration in the CEE region [3] #2 most favourable country for investment in Europe and #16 in the World [4] 1 st in the CEE for quality of roads [5] Source 1: Ministry of Finance, 2014 Source 2: KPMG, 2014 / BNP Paribas European Office Market, 2014 Source 3: European Commission, 2013 / WEF Global Competitiveness Report Source 4: Foreign Policy‘s Baseline Profitability Index 2014 / Centre of Registers, 2014 Source 5: FTTH Council, 2013 / WEF Global Competitiveness Report

Jonava Municipality is situated in Central Lithuania, close to Kaunas city. Population – Labour pool – Jonava region Source: Statistics Lithuania,

Effective transport chain Maximizing rail, sea, land and air links RoadsSeaports International AirportsRail

Rail infrastructure connects Jonava with Kaunas, one of the key rail distribution hubs in the Baltic States. Cargo freights: Saulė Runs from China to Belgium. Delivery time from Almaty (KZ) to Kaunas is 8 days. Vikingas Connects the Baltic and Black seas, offering up to 30% reduction on logistics costs compared to road transport. More at Rail Source: Lithuanian Railways, 2015

Seaports Jonava is aproximatelly two hours drive from Klaipėda Seaport, which is the most northern ice free port in Europe. Cargo handled in 2014 Klaipėda – 36.4 million tons Riga – 41 million tons Source 1: Port of Klaipėda, 2014 Source 2: Freeport of Riga, 2014

Roads Jonava is only 20 min. away from the Via Baltica highway, which connects Eastern Europe with Western Europe and Scandinavia. Located in the heart of Lithuania, just 35 km from Kaunas, Jonava offers businessses a smooth connection to the country‘s second biggest city.

Passengers carried in 2014: Vilnius International Airport – 2,942,670 [1] Kaunas International Airport – 724,314 [1] Riga International Airport – 4,813,959 [2] International Airports Source 1: Lithuanian Airports, 2015 Source 2: Riga International Airport, 2015

An established hub for fertilizers production One of the largest fertilizer factory Achema in the Baltic region operates in the city. The production started in Russia, Ukraine, Belarus, Estonia and Latvia became main export markets Achema completed combined heat and power network. Co- generation gas power plant of 47 MW came into operation. The factory was privatized in Since then it was modernised and expanded.

Largest employers The biggest 8 companies employ 8% of all working age people Achema Manufacture of nitrogen fertilizers and other chemical products EMP: 1164 Baltasis Pyragas Bakery EMP: 263 FPI Baltic Manufacture of furniture EMP: 98 Tremex Manufacture of wooden packaging EMP: 89 Lintera Industrial equipment EMP: 87 Ekovalitas Manufacture of water filtering equipment EMP: 74 Baldai Jums Manufacture of furniture EMP: 448 Lonas Manufacture of furniture EMP: 64 Source: Rekvizitai.lt, 2015

Foreign Direct Investment (FDI) 4,54 m EUR of FDI 14.6% growth of FDI in one year Source: Statistics Lithuania, 2013 FDI in Jonava region (mln EUR) ,79 3,52 3,96 4,54

Investment in tangible fixed assets 27,1 % growth of investment in tangible fixed assets in 2 years 1510 EUR Investment in tangible fixed assets per capita in Jonava region (2013) Source: Statistics Lithuania, 2013 Investment in tangible fixed assets in Jonava region (mln EUR) ,55 53,17 61,64 67,63

Skilled workforce and attractive labour cost speak at least one foreign language 26,800 Working-age people 9,9 % Seeking employment 80 % 65 % 26 % 10%10% speak Russian speak English speak German Source 1: Statistics Lithuania, Source 2: Lithuanian Labour Exchange, 2015

Attractive labour cost Jonava boosts a pool of highly skilled and competitive professionals, making it a sustainable location for business growth Source: Statistics Lithuania, 2014 Monthly average gross salary (EUR) LithuaniaVilnius Jonava 677,4 797,6 684,2

Jonava Polytechnic School Over 500 students 44% studying manufacturing and engineering Gives both young people and adults the opportunity to gain new skills and knowledge Helps improve professional skills Develops motivation and self-confidence Qualification and competences. Vocational Education Source: Statistics Lithuania,

Talent pool close to Jonava Region Source: Statistics Lithuania, Kaunas University of Technology Engineering and Technology studies Vytautas Magnus University Arts, Humanities, Languages and Communication The Lithuanian University of Health Sciences Biomedical Sciences In 30 min you can reach: Kaunas 2 nd most student-centered city in Lithuania students 8 universities 6 colleges 8 vocational schools

Source: Jonava Region Municipality, 2015 Support from local authorities Jonava Region Municipality offer a range of guidance and services: Construction permit in 45 working days Planning procedures from 3-5 months

Source 1: Forbes, 2014 Source 2: State Tax Inspectorate Under the Ministry of Finance of the Republic of Lithuania, 2014 Source 3: State Social Insurance Fund Board of the Republic of Lithuania under the Ministry of Social Security and Labour Source 4: KPMG, 2014 Source 5: Jonava Region Municipality, 2015 Business friendly environment Ease of doing business / World ranking – 24 th [1] Time for establishing a business – 3 days [2] VAT – 21% [2] Personal income tax – 15% [2] Social security tax paid by employer – 30.98% [3] 15% corporate tax rate – 4 th lowest corporate tax in EU [2,4] Real Estate tax – 0-1% [5] Land lease tax for commercial areas – 0-1.5% [5]

A place to visit, enjoy, discover and invest in Rich in bike paths and green areas, Jonava is perfectly suited to those wishing to pursue an active, healthy lifestyle. Jonava is the most densely populated city in Lithuania, offering all possible amenities within easy reach: scientific, medical institutions, recreational areas, shops, public and private sector entities, etc. It is centrally located amidst the rich natural diversity of the Lithuanian countryside The city has recently gone through a major renovation project and can now boast renewed squares and streets.

Testimonials Aluflam JonavaRimantas Martikaitis Headcount:39 Est.:2001 We have been in operation in Jonava since 2001 and since then we have built a strong team of dedicated and experienced workers. Our company’s main activity is the production and montage of various aluminum constructions for clients throughout Europe, specializing in the production of fireproof aluminum-glass constructions. As a longstanding regional center of excellence for high end manufacturing and chemical production, Jonava is the perfect fit for us.

Department of Investment and City Development Jonava Region Municipality Administration Lineta Jakimavičienė Tel: Žeimių str. 13 LT Jonava Lithuania Partners: