1. Šiauliai district – municipality around Šiauliai town
your next business location

2. Lithuania 3.6% 1.2% 4th #1 #2 GDP growth in 2014[1] inflation[1]
for industry-university collaboration in the CEE [3]
lowest profit taxes in the EU[2]
most favourable country for investment in Europe and #16 in the World [4]
Flight time in hours
1 d
Delivery time
in days
2 d
3 d
4 d
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
Source 4: Foreign Policy‘s Baseline Profitability Index 2014 / Centre of Registers, 2014

3. Šiauliai district municipality (around Šiauliai town)
Šiauliai city
Lithuania’s 4th largest city
Population of 105,600
Labour pool of 66,000
Kuršėnai
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

4. Effective transport network
A land, sea and air transport chain with many advantages
International
Airports
Seaports
Roads
Rail
Well-developed
Intermodal
Inter-linked

5. 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

6. 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.

7. Kuršėnai
Rail
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

8. 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, Source 2: Freeport of Riga, Source 3: Port of Liepaja, 2014

9. 4th 7.6% Economic growth and industrial competences
GDP growth (EUR bn)
4th
2.56
2.50
in Lithuania by GDP
2.33
2.07
1.92
7.6%
turnover growth of manufacturing companies
2009
2010
2011
2012
2013
Source: National Statistics Departments, Šiauliai county data, 2013

10. Agriculture, forestry and fisheries
Top FDI industries
Manufacturing
Agriculture, forestry and fisheries
Other
45%
50% 5%
Source: National Statistics Departments, Šiauliai county data, 2013

11. Other manufacturing skills
The Šiauliai district greatest asset is its experienced workers specialised in …
Farming
Clay ceramics
Furniture production
Other manufacturing skills

12. Attractive labour costs
Average monthly labour costs (EUR) in Šiauliai district and other major cities in Lithuania
Lithuania
656.3
Vilnius
Kaunas
Klaipėda
Šiauliai
Panevėžys
759.7
645.3
685.2
558.7
597.2
460
Šiauliai district
Source: National Statistics Departments, 2013

13. 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

14. Private industrial area
Šiauliai district Meškuičiai industrial zone
SIZE: 11.5 ha 10 km from Šiauliai
ELECTRICITY: ~5.5 MW ready capacity
CONDITIONS:
Privately owned by JSC ,,Gerbunis“. Available for sale or rent.
Construction permit for 4900 sqr. m. available.
Contact: ; phone.:
Meškuičiai
Šiauliai
Private industrial area

15. Šiauliai Special Economic Zones (SEZ)
Šiauliai industrial park
Šiauliai international airport
Free Economic Zone (FEZ)

16. 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

17. 0% 0% 0% 50% Favourable land and real estate tax incentives in FEZ
Income tax
Property tax 0%
Tax on dividends 0% 0%
(first 10 years)
50%
of standard tax rate
(subsequently 10 years)
Source: Šiauliai City Municipality, 2014

18. Well-developed infrastructure in SEZ:
Electrical services
Telephone and cable
Water supply main
Sanitary sewer line
Storm drainage system
Gas pipeline
average pressure
300 mm
600 mm
800 mm
PE O
~400
Source: Šiauliai City Municipality, 2014

19. 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%
Land lease tax for commercial areas – 0.56% [5]
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

20. Šiauliai district Municipality offers:
Construction permits 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

21. Associated Business Structures:
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

22. Quality of life
Climb a hill to see more than 100,000 crosses at one of country’s most awe-inspiring 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

23. Technical Textile production
They’re already here
Mushroom Cultivation
Technical Textile production
Furniture
Farming

24. 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

25. Department of Economics and Business Development Šiauliai District Municipality Administration
Vilniaus str. 263,
LT Šiauliai, Lithuania
Tel:
In cooperation with