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Metal and plastic processing, machinery and equipment manufacturing industry
The Lithuanian engineering industry is the country’s largest processing production sector, generating 4 proc. of Lithuania’s total value-added. The industry consists of over 1.500 companies, employing 24.000 specialists.
Machinery and equipment companies have quality and environmental management systems, most notably ISO 9001:2000 and ISO 14001:2004. Lithuania is home to the biggest technical university in the Baltic States in which 19,000 students are enrolled. The combination of relatively low labor costs and sophisticated automation systems gives Lithuanian machinery and equipment an attractive price/quality ratio.
Rapid industry growth over the past year shows its considerable growth potential in comparison with other processing production sectors. This represents the possibility for the Lithuanian engineering industry to play a greater role in the country’s economic and social spheres. For the past year, the production of Lithuanian engineering companies
Metal processing is a highly competitive and rapidly growing sector in Lithuania, a country with long-standing traditions in engineering. Many of the Lithuanian companies within the sector have successfully integrated into international markets over the past decade.
About 9,400 people are engaged in the metal processing and machinery industry. Thanks primarily to the successful development of export activities, the industry has returned to the path of growth.
Some of the largest locally-branded companies include Mechel Nemunas, Astra, Alga, Stevila, Vienybė and Aurida, while the most prominent foreign-capital companies operating within the sector are Schmitz CargoBull, CIE Automotive, Stansefabriken, Hi Steel and ADAX.
Top 5 export markets
- Machining (turning, milling, drilling, grinding)
- Plastically deformation (stamping, bending)
- Surface treatment (powder coating, galvanizing, wet painting)
The success of the Lithuanian metal processing industry has been mostly driven by its flexibility and ability to supply specific customized products to large foreign and local clients, as well as by the active modernization of production processes. Lithuanian metal processing and transport equipment companies supply various transport components to major international companies, such as Rolls-Royce, Siemens, Volkswagen, Volvo, SAAB, Renault, Yazaki, as well as to the NATO.
Industry's key competitive advantages
- Quality products
- High technological and linguistic staff competences and work culture
- Relatively low labor costs
- Business experience in international markets
- Deep industry traditions
The leading companies in engineering sector are: Vakarų laivų gamykla, Schmitz Cargobull Baltic, Mechel Nemunas, Litnaglis, Stansefabriken, Sappa profiliai, Danplastas, Stevila, Plamega, Metalistas LT.
If you have any questions, or would like more information about the Lithuanian textile and clothing sector and/or potential business partners in this field, please contact:
Andrius Bartminas | Senior Project Manager
Tel: +370-5-2194-317 | Email: firstname.lastname@example.org