The construction of the Teltonika factory has started – 300 workers will be looking for it

by times news cr

2024-07-24 05:16:07

As indicated in the report, Minister of Economy and Innovation Aušrinė Armonaitė and Vilnius Mayor Valdas Benkunskas, who participated in the event, emphasized the benefits of the project for strengthening the Lithuanian economy and the capital’s industry.

“I can boldly say that Teltonika is one of Lithuania’s examples of success (…). The company is already keeping pace with the latest global technologies and makes decisions that benefit the whole of Lithuania. I have no doubt that the “Teltonikas” plastic and mechanical components factory will also significantly contribute to the even faster economic growth of Lithuania,” said Minister A. Armonaitė.

A 3-story plastic and mechanical components factory with a warehouse is being built in the “Teltonika High-Tech Hill” technology park, which is being developed in Vilnius, and will occupy 27,100 square meters. meters of area.

Here, plastic parts will be molded, prototype and mass production plastic molds will be designed and manufactured.

It is planned that the construction of the new factory will be completed in 2025. in autumn The “Teltonikas” group of companies will invest about 53 million in this project. euros and will create about 300 new jobs.

It is planned that most of the plastic waste will be re-milled and returned to the production process. The electricity required for the factory will be supplied from renewable energy sources.

The new production facility is being built in Liepkalny, Svylos st. 6, in Vilnius. 55 ha in the Teltonika High-Tech Hill technology park. During the five-year period, more than 10 new production and administrative buildings will be built in several stages, and it is planned to employ about 6,000 people here. workers.

Construction of two new factories started here last year – 33,000 is rising rapidly. sq. meter printed circuit board (PCB) factory and a new electronics assembly plant with a production capacity of more than 18 million products per year. Both of these plants will start operating in 2025. in the middle

2024-07-24 05:16:07

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