Transcript your next business location

Šiauliai district – municipality
around Šiauliai town
your next business location
Šiauliai district | your next business location
Lithuania
3.6%
GDP growth in 2014[1]
1.2%
inflation[1]
4th
#1
#2
Flight time
in hours
lowest profit taxes in the EU[2]
for industry-university
collaboration in the CEE [3]
Delivery time
in days
3d
4d
most favourable country for investment
in Europe and #16 in the World [4]
Source 1: Ministry of Finance, 2014
Source 2: KPMG, 2014 / BNP Paribas European Office Market, 2014
Source 3: European Commission, 2013 / WEF Global Competitiveness Report 2014-2015
Source 4: Foreign Policy‘s Baseline Profitability Index 2014 / Centre of Registers, 2014
2d
1d
Šiauliai district | your next business location
Šiauliai city
Lithuania’s 4th largest city
Population of 105,600
Kuršėnai
Labour pool of 66,000
Šiauliai district municipality (around Šiauliai town)
The largest city Kuršėnai – population 11,000
Population of 41,000
Labour pool of 25,000
Source: National Statistics Departments, 2014
Šiauliai district | your next business location
Effective transport
network
A land, sea and air
transport chain with many
advantages
International
Airports
Well-developed
Intermodal
Inter-linked
Seaports
Roads
Rail
Šiauliai district | your next business location
International
Airports
Šiauliai Cargo International Airport,
which boasts the longest
runway in the Baltic States,
has capacity for all types of cargo
and private aircraft. Other airports
are reached within 2-3h drive.
Source: Šiauliai discrict Municipality, 2015
*Kilometers are approximate
Šiauliai district | your next business location
Roads
E272 connecting Šiauliai city with the highway
„Via Baltica“.
„Via Baltica“ is a significant road connection
between the Baltic states.
European route E67 is running from Prague to
Helsinki by way of Poland, Lithuania,
Latvia, and Estonia.
Šiauliai district | your next business location
Rail
Kuršėnai
Šiauliai district is crossed by two
international railway corridors:
I North-South corridor - Tallinn-Riga-Kaunas-Warsaw
and its branch - IA Šiauliai-Kaliningrad-Gdansk.
IX East-West direction corridor and its branch - IXB
Kiev-Minsk-Vilnius-Kaunas-Klaipėda.
Kuršėnai city has two railway stations.
Source: Lithuanian Railways, 2015
Šiauliai district | your next business location
Seaports
Up to 2 hour drive to three major
seaports.
Annual cargo turnover of ports in 2014:
Port of Klaipėda - ~36 m tones
Freeport of Riga - ~41 m tones
Port of Liepaja - ~5.5 m tones
Source 1: Port of Klaipėda, 2014
Source 2: Freeport of Riga, 2014
Source 3: Port of Liepaja, 2014
Šiauliai district | your next business location
Economic growth and industrial
competences
GDP growth (EUR bn)
2.33
1.92
2.50 2.56
2.07
4th
7.6%
2009
2010
2011
2012
in Lithuania by GDP
turnover growth of manufacturing
companies
2013
Source: National Statistics Departments, Šiauliai county data, 2013
Šiauliai district | your next business location
Top FDI industries
Manufacturing
Agriculture,
forestry and
fisheries
Other
45%
50%
5%
Source: National Statistics Departments, Šiauliai county data, 2013
Šiauliai district | your next business location
The Šiauliai district greatest asset is its experienced
workers specialised in …
Farming
Clay ceramics
Furniture
production
Other
manufacturing
skills
Šiauliai district | your next business location
Attractive labour costs
Average monthly labour costs (EUR) in Šiauliai district and other
major cities in Lithuania
759.7
656.3
645.3
685.2
558.7
Lithuania
Vilnius
Kaunas
Klaipėda
Šiauliai
597.2
460
Panevėžys
Šiauliai
district
Source: National Statistics Departments, 2013
Šiauliai district | your next business location
Qualifications and competences
Šiauliai city is home to a University, three colleges and one
vocational school
Over 2,500 students are currently studying engineering
programmes.[1]
Source1: National Statistics Departments, 2014
Šiauliai district | your next business location
Šiauliai district Meškuičiai industrial zone
SIZE: 11.5 ha 10 km from Šiauliai
ELECTRICITY: ~5.5 MW ready capacity
Meškuičiai
Šiauliai
Private
industrial
area
CONDITIONS:
Privately owned by JSC ,,Gerbunis“. Available for
sale or rent.
Construction permit for 4900 sqr. m. available.
Contact: [email protected] ; phone.: +370 613
88676
Šiauliai district | your next business location
Šiauliai Special Economic Zones (SEZ)
Šiauliai
industrial
park
Šiauliai
international
airport
Free
Economic
Zone
(FEZ)
Šiauliai district | your next business location
Territory for the
development of
industry, business
and logistics
Free Economic Zone
Intermodal Terminal*
500
ha
Šiauliai International
Airport
Šiauliai Industrial Park
* Planned territory for logistics center
Source: Šiauliai City Municipality, 2014
Šiauliai district | your next business location
Favourable land and real estate tax incentives in FEZ
Income
tax
0%
(first 10 years)
50%
Property tax
0%
Tax on dividends
0%
of standard
tax rate
(subsequently 10 years)
Source: Šiauliai City Municipality, 2014
Šiauliai district | your next business location
Well-developed infrastructure in SEZ:
Electrical
services
Telephone
and
cable
Water
supply
main
Sanitary
sewer
line
Storm
drainage
system
300
600
800
mm
mm
mm
Gas
pipeline
average pressure
PE O
~400
Source: Šiauliai City Municipality, 2014
Šiauliai district | your next business location
Business
friendly
environment
Ease of starting a business / World ranking – 11th [1]
Ease of doing business / World ranking – 24th [1]
Time needed to establish 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 in the EU [2,4]
Real Estate tax – 0.7%
Source 1: Forbes, 2014
Source 2: State Tax Inspectorate Under the Ministry of Finance
of the Republic of Lithuania, 2014
Source 3: State Social Insurance Fund Board of the Republic of
Lithuania under the Ministry of Social Security and Labour
Source 4: KPMG, 2014
Land lease tax for commercial areas – 0.56% [5]
Šiauliai district | your next business location
Šiauliai district Municipality offers:
Construction permits - 21-42 working days
Spatial planning procedures – 2-3 month
A direct contact person to guide you through the processes
Decisions on lowering corporate tax rates
Help with public transport, street infrastructure and sidewalks
Source: Šiauliai district Municipality, 2014
Šiauliai district | your next business location
Business support services:
Associated Business
Structures:
Šiauliai Chamber of Commerce, Industry
and Craft[1]
A non-profit organization that seeks to further the development of
commerce and industry in the region.
Šiauliai district Association of businessmen[2]
A public organization that aims to unite industrial enterprises and to
represent their interests.
Source 1: Šiauliai Chamber of Commerce, Industry and Craft, 2014
Source 2: Šiauliai district Association of Businessean, 2014
Šiauliai district | your next business location
Quality of life
Climb a hill to see
more than 100,000
crosses at one of
country’s most aweinspiring sights The
Hill of Crosses
Enjoy water sports in
the district
surrounded by more
than 10 lakes
Explore the main
boulevard crossing
the Šiauliai city and
Šiauliai district , which
boasts
various cafes,
restaurants, art
galleries and shops
Shop in Šiauliai city
newly-built
Akropolis
Shopping Center,
where high density
of shops available
for any customer
They’re already here
Mushroom Cultivation
Technical Textile
production
Furniture
Farming
Šiauliai | your next business location
What are the benefits of investing and doing business in Kuršėnai:
Good geographical location:
• good connection by air. Three airports are available within 2 hours driving distance (Riga,
Palanga & Kaunas).
• Klaipėda’s ice-free seaport is within 150 km.
Cooperative and supportive Šiauliai district government.
Availability of well-educated and motivated personnel.
Availability of prepared premises with all necessary utilities installed and land for greenfield
investments.
The nearby industrial and university city of Šiauliai.
Saulius Stelingis – General Manager, Devold AMT UAB
Profile:
Devold AMT is one of the world's leading companies in the
multiaxial reinforcement market
The firm produces stitched fiber glass, carbon fiber an hybrid
reinforcements
FTE:
98
Est.:
2005, Kuršėnai
Department of Economics and Business Development
Šiauliai District Municipality Administration
Algirdas Baikauskas
Vilniaus str. 263,
LT 76337 Šiauliai, Lithuania
Tel: +370 41 596 669
E-mail: [email protected]
www.siauliuraj.lt
In cooperation with
www.investlithuania.com