Kaunas, Lithuania's second city, is using its reputation for technological excellence and its highly educated workforce to attract foreign companies more accustomed to locating in the world's tier-one cities. Natasha Turak looks at how this small Baltic destination is starting to make global waves.
Kaunas reaches out: Lithuania’s second city makes its FDI pitch
Originally published with the February/March issue of fDi Magazine
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After a period of stagnation typified by an abundance of red tape stymieing investment and construction, Kaunas is entering a new age of growth. The city’s mayor, Visvaldas Matijosaitis, explains to Natasha Turak how his private sector experience gave him the edge.
The Kaunas region has a skilled, educated workforce as well as a high entrepreneurship rate. Natasha Turak talks to district municipality mayor Valerijus Makūnas about how investors can benefit from these demographics.
With a history of technical expertise in the aviation and maintenance, repair and overhaul industries, Kaunas has built a niche for itself in this field, aided by its international airport and adjacent free zone, as Natasha Turak finds.
The fDi Report 2016
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