Norwegian electronics manufacturer invests in Kaunas

One of the leading electronics manufacturing services suppliers in Scandinavia – Kitron – will expand its manufacturing facility in Kaunas, Lithuania and invest almost EUR 6 million into this project. The expansion strategy of the Norwegian company in Lithuania encompasses an increase in its production capacity, the creation of 60 new job openings and an improvement to the company‘s revenue by 40 per cent.
In Kaunas, Kitron already produces electronic control systems for high-speed rail vehicles and electric grass mowers, electronic circuits for ultrasound devices, scientific equipment for seabed research, mobile blood test devices, smart grid/automatic meter reading systems and other electronic equipment.

“To win this expansion project, Lithuania competed with the US, Norway and China, all of which are well-known to Norwegian investors as countries where they have already established manufacturing facilities. Our country was chosen because of its convenient location for logistics, the low costs of labour, and the resources to ensure production quality. Since the Norwegian company also supplies its goods to the defence and medical equipment industries, qualitative criteria were important to the decision on location,”- said the Managing Director of Kitron Lithuania Mindaugas Sestokas.

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