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VILKAVIŠKIS REGION
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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 2014-2015 Source 4: Foreign Policy‘s Baseline Profitability Index 2014 / Centre of Registers, 2014 Source 5: FTTH Council, 2013 / WEF Global Competitiveness Report 2014-2015
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Vilkaviškis region Vilkaviškis municipality is situated at the border with Poland and Kaliningrad Region. Population – 39,100 Labour pool – 23,500 Source: Statistics Lithuania, 2014-2015
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Effective system of transport chain Maximizing rail, sea, land and air advantages RoadsSeaports International AirportsRail
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Rail infrastructure connects Vilkaviškis 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 www.intermodal.lt Rail Source: Lithuanian Railways, 2015
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Seaports Vilkaviškis is approximately two and a half hours drive from Klaipėda Seaport, which is the most northern ice free port in Europe. Cargo handled in 2014 Klaipėda – 36.4 m tons Riga – 41 m tons Source 1: Port of Klaipėda, 2014 Source 2: Freeport of Riga, 2014
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Roads Vilkaviškis is less than 20 min away from the Via Baltica highway, which links Eastern Europe with Western Europe and Scandinavia. The E28 road connecting Vilnius with Kaliningrad goes through Vilkaviškis.
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International Airports Passengers carried in 2014: Vilnius International Airport – 2,942,670 [1] Kaunas International Airport – 724,314 [1] Riga International Airport – 4,813,959 [2] Source 1: Lithuanian Airports, 2015 Source 2: Riga International Airport, 2015
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Companies in Vilkaviškis have a proven track record in Food processing TextileWood processing
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Largest manufacturers The biggest 6 companies employ 3% of all the working population Žemkalnija Clothing production EMP: 294 Kaisa & Co Food production EMP: 173 Kelio ženklai Metal and wood processing EMP: 93 Baltijos tekstilė Textile EMP: 93 FurnMaster Manufacture of furniture EMP: 92 Savas Bakery EMP: 179 Source: Rekvizitai.lt, 2015
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Foreign Direct Investment (FDI) 1,94 mln EUR of FDI FDI in Vilkaviškis region (mln EUR) 2010201120122013 1,88 1,72 1,95 1,94 Source: Statistics Lithuania, 2013
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Skilled workforce and attractive labour cost speak at least one foreign language 23,500 Working-age people 11,3 % Seeking employment 73%73% 62 % 24%24% 9%9% speak Russian speak English speak German Source 1: Statistics Lithuania, 2011-2013 Source 2: Lithuanian Labour Exchange, 2015
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Attractive labour cost Vilkaviškis boasts a pool of highly skilled and competetive professionals, making it a sustainable location for business growth Monthly average gross salary (EUR) LithuaniaVilniusMarijampolėVilkaviškis 677,4 797,6 578,8 512,2 Source: Statistics Lithuania, 2014
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Qualification and competences. Vocational education Marijampolė Vocational Education and Training Centre, Vilkaviškis Department 248 students 47% are studying engineering Gives both young people and adults the opportunity to gain new skills and knowledge Provides training and retraining, and opens up new professions Helps improve professional skills Source: Statistics Lithuania, 2014-2015
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Marijampolė Vocational Education and Training Centre 1100 students 32% are studying engineering and manufacturing Marijampolė College 983 students 14% are studying engineering and manufacturing Talent pool close to Vilkaviškis Region Within 30 min you can reach: Source: Statistics Lithuania, 2014-2015
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Vilkaviškis Industrial Zone Location: 26 km to Marijampolė, 80 km to Kaunas, 1 km to Vilkaviškis Plot size: 27 ha Access: paved road Plot delivery for sales time: 6 months (state owned) Electricity availability: 7,9 MW station in range of 2 km
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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: Vilkaviškis Region Municipality, 2015 Business friendly environment Ease of starting Business / World ranking – 11 th [1] 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 – 0,6-3% [5] Land lease tax for commercial areas – 0,75-4% [5]
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A place to visit, enjoy, discover and invest in The beautiful Classicist Paezeriai Manor – the jewel in the crown of the entire region of Suduva – is nestled within the picturesque surroundings of Vilkaviškis district. Vilkaviškis can also lay claim to being one of the homes of Lithuanian letters. The founder of the first Lithuanian language newspaper Aušra – Jonas Basanavičius – was born there. While for those seeking a healthy way to unwind – Vištytis regional park offers a number of pictureque cycling and walking routes.
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Testimonials Lars Malte Headcount:180+ Est.:1999 Functioning as two separate entities under one roof (Furnmaster and Baltic textile), our factories supplies high end top quality furniture fabric and furniture for a discerning predominantly Nordic and German client base. Since establishing operations in Marijampole in 1999, the companies has expanded and opened a site in Vilkaviškis, and it now employs more than 180 skilled and experienced professionals in total. It is the people, and the dedication and skill that they bring to their work, which has allowed us to develop and build to where we are today.
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Vilkaviškis Tourism and Business Information Center Daiva Riklienė Tel: +370 342 205 25 E-mail: d.rikliene@vilkaviskisinfo.ltd.rikliene@vilkaviskisinfo.lt www.vilkaviskisinfo.lt J. Basanavičiaus sqr. 7 LT-70101 Vilkaviškis Lithuania Partners:
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