Successful stories

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    In 2009, Moog Medical, the subsidiary of the US company Moog, acquired 100 percent of shares of the Lithuanian company Viltechmeda. This company manufactures, sells, repairs medical equipment, infusion and syringe pumps. In 2011, a high-tech medical center Moog was opened in Vilnius park Visoriu. The center has a laboratory, pilot plant and the only in Europe medical equipment service center Moog Medical Devices Group.

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    Transcom, a company based in Sweden, is a provider of client relationship management systems (CRM) all over the world in various sectors of industry; it entered the Lithuanian market through the acquisition of NetleLink.

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    A subsidiary of the largest Danish transport and logistics group, DSV Transport, is one of the largest suppliers of transport and logistics services in Lithuania. The company has a terminal area of 12 thousand square meters, offices in Vilnius, Kaunas, Klaipeda and it has a developed network of business partners. Due to its geographical location and excellent Lithuanian infrastructure, private limited company DSV Transport is successfully expanding its activities.

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    The company DEMANTIC (Germany) opened its engineering department in the industrial center of Kaunas, Lithuania, in 2007. The main factors influencing the choice of Lithuania is the biggest Technological University in the Baltics based in Kaunas (KTU), convenient geographical position of Lithuania, well-developed infrastructure, competitive prices and favorable trends in the labor market. DEMANTIC is the world's largest supplier of software for logistics automation.

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    Private limited company Albright Lietuva successfully manufactures its products in the Klaipeda Free Economic Zone offering foreign investors exceptionally favorable conditions of activity. All production of the plant is exported to the U.S. and Western Europe. The company was founded in Lithuania in 2008. Albright International has created 99 workplaces. The company produces the most popular and widely used electrical switches.

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