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2008-11-12 00:00:00
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For decades Lithuania has been a centre of high-tech production for the military, space, and consumer electronics industries. Today Lithuanian electronics companies have quickly re-established themselves on the world market. In the last three years, the volume of accrued FDI grew almost three times in the sector. More than 70% of production is exported; exports, growing about 15% annually, cover more than 20 European countries. Lithuania is No.1 in refrigerator and freezer production and the largest LCD-screen TV producer in the Baltic States. Lithuania’s machinery & electrical equipment sector branches: electrical equipment and appliances; radio, television and communications equipment and appliances; medical, precision and optical equipment. Please find out more about the latest trends and business opportunities in Lithuania’s Engineering sector in the newest overview prepared by LDA analysts.
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