Transcript Skaidrė 1

Efficient manufacturing in Lithuania
via
LINPRA (engineering industry association) & ARGINTA GROUP outlook
WLEF (Manufacturing) Chicago, 2012 09 21
Tomas Jaskelevicius
LINPRA, Board Member
ARGINTA GROUP, Business Development
LINPRA
The sector of the engineering industries is the biggest sector of the
manufacturing industries in Lithuania, amounting over 20 % share of the Gross
Value Added (GVA).
About half of the sector's GVA is generated by the members of the LINPRA
association.
Number of members: over 110 (including all major companies of the sector)
Membership:
•The Lithuanian Confederation of Industrialists;
•European Engineering Industries Association ORGALIME;
•Council of European Employers for the Metal,
•Engineering and Technology based industries CEEMET.
ARGINTA GROUP Performance
2007
=>
2011
Number of direct employees:
100
=>
220
Number of Customers:
600
=>
15
Number of suppliers
300
=>
Turnover increased 400%
120
Main activities
1. Metal processing – welding & assembly
60% total turnover
99% export (EU)
2. Project management – waste water
treatment
30% total turnover
30% export market (RU, BY, KZ)
3. Renewable energy – solar energy
10% total turnover
100% local market
Product distribution from LT
Exports from Lithuania
30
25
$ billions
20
15
10
5
0
2009
2010
Year
2011
Competition advantages
Dry veneer
processing
1. Complex solutions – target oriented engineering
staff and
Panel lay-up
pressing
2. Manufacturing is over 15% of GDP – enables to built supplier base in all sec
Panel processing
3. Reduction of delivery times – saving required cash investments
4. Lithuanian environment – easy access to qualified labor. Over 40.000 studen
graduating colleges and university every year
5. Comparable lower costs for the same competence as in old EU member
countries. Easy growth potential
Free economical zones
No corporate tax for 6 years
(Regular corporate tax in Lithuania 15%)
50% discount on corporate tax
for the 10 following years
No real estate tax
No land tax
No tax on dividends
EU financial incentives available
Capital
Vilnius
Fast change New services
ARGINTA product/service evolution:
2006 =>
steel cutting
2007-2009 =>
welding
2010-2011 =>
assembly/complete equipments
2012 =>
designing/SCM
2013-2014 =>
“Key solution”(project => installation WorldWide)
2015 =>
“Manufacturing technology partner”
Thank you!
Questions?