VILKAVIŠKIS

REGION

Lithuania

GDP growth – 2.9% [1]

Inflation – 0.2% [1]

4th 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]

1st in the CEE for quality of roads [5]

Source 1: Ministry of Finance, 2014Source 2: KPMG, 2014 / BNP Paribas European Office Market, 2014

Source 3: European Commission, 2013 / WEF Global Competitiveness Report 2014-2015Source 4: Foreign Policy‘s Baseline Profitability Index 2014 / Centre of Registers, 2014

Source 5: FTTH Council, 2013 / WEF Global Competitiveness Report 2014-2015

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

Effective system of transport chain

Maximizing rail, sea, land and air advantages

RoadsSeaports International Airports

Rail

Rail infrastructure connects Vilkaviškis with Kaunas, one of the key rail distribution hubs in the Baltic States.

Cargo freights:

SaulėRuns from China to Belgium. Delivery time from Almaty (KZ) to Kaunas is 8 days.

VikingasConnects 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

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, 2014Source 2: Freeport of Riga, 2014

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.

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, 2015Source 2: Riga International Airport, 2015

Companies in Vilkaviškis have a proven track record in

Food processing

Textile Wood processing

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

Foreign Direct Investment (FDI)

1,94 mln EUR of FDI FDI in Vilkaviškis region(mln EUR)

2010 2011 2012 2013

1,88 1,72

1,95 1,94

Source: Statistics Lithuania, 2013

Skilled workforce andattractive labour cost

speak at least oneforeign language

23,500 Working-age people

11,3%Seeking employment

73%

62%

24%

9%

speak Russian

speak English

speak German

Source 1: Statistics Lithuania, 2011-2013Source 2: Lithuanian Labour Exchange, 2015

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)

Lithuania Vilnius Marijampolė

Vilkaviškis

677,4797,6

578,8512,2

Source: Statistics Lithuania, 2014

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

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

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

Source 1: Forbes, 2014Source 2: State Tax Inspectorate Under the Ministry of Finance of the Republic of Lithuania, 2014Source 3: State Social Insurance Fund Board of the Republic of Lithuania under the Ministry of Social Security and LabourSource 4: KPMG, 2014Source 5: Vilkaviškis Region Municipality, 2015

Business friendly environment

Ease of starting Business / World ranking – 11th [1]

Ease of doing business / World ranking – 24th [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 – 4th lowest corporate tax in EU [2,4]

Real Estate tax – 0,6-3% [5]

Land lease tax for commercial areas – 0,75-4% [5]

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.

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.

Vilkaviškis Tourism and Business Information Center

Daiva RiklienėTel: +370 342 205 25E-mail: d.rikliene@vilkaviskisinfo.ltwww.vilkaviskisinfo.lt

J. Basanavičiaus sqr. 7LT-70101 VilkaviškisLithuania

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