NEW TELTONIKA TECHNOLOGY CENTER PLANNED FOR KAUNAS

Just three months after opening four new factories in Vilnius, Liepkalnis, Teltonika and AGP Investments continue moving forward: a new Teltonika Group technology centre is planned in the ALEX Innovation Park in Kaunas, Lithuania’s second-largest city.

“Teltonika has been operating in Kaunas for more than 20 years, and during this time we have developed a strong, globally recognised niche in the networking solutions business. With a talented engineering team and a favourable environment for growth, we can take a significant step – invest around EUR 34 million in a new technology centre,” says Arvydas Paukštys, founder of the Teltonika company group.

A 15,500 sq. m building will be constructed on a 4-hectare site, featuring modern laboratories for the development, testing and innovation of Teltonika networking devices, as well as dedicated spaces and equipment for R&D activities and engineers. This will further improve the integration of new technologies into Teltonika's device portfolio and increase production capacity. The completed project will also contribute to the city’s economic development, offering even more opportunities for graduates and professionals in engineering, electronics, IT and manufacturing – from internships to full-time positions. The centre is expected to house 500 such well-paid, high-qualification jobs.

After successfully passing all evaluation stages and receiving an expert conclusion confirming that the planned activities meet the requirements of the ALEX Innovation Park, an investor agreement was signed. Now, the Kaunas City Municipality Council has also formally approved the land lease decision for the site in the park.

“When a high-tech leader of Teltonika’s calibre expands in Kaunas, we receive a very clear signal – the city is becoming a centre for the industry of the future. A company group that operates worldwide and creates technologies used by millions chooses Kaunas for its development. This is a strong compliment to the city, which has robust infrastructure, an active engineering, electronics and IT community, and growing talent,” Kaunas Mayor Visvaldas Matijošaitis said after the Council meeting.