Business in Lithuania
James Post
![James Post]()
James Post
Lithium Battery Design Expert & Consultant at ECOpro Technology BV (Hoofddorp, the Netherlands) and for e-bike battery/energy storage/BMS manufacturers
An impression from Lithuania, one of the fastest growing nations in the EU. Only 2.8 million people - most young, very well educated people. With a minimum income of 350 euro/month and an average for graduates of 1000 euro/month you could callthis country almost the China of Europe in terms of production opportunities.
R & D subsidies can be as high as 70% where the focus is strongly on R & D projects with high potential. A strong relationship with universities is important.
The conditions to start a business here are better than anywhere in the EU. Generous subsidies for production companies are available to boost the country's economy further.
A clear drawback is the language, so one needs local partners.
Group CEO - LiFe Younger
5 年nice?
Дизайнер – СП
5 年I am analyzing the possibilities for running my business in Lithuania. Thanks for the helpful article. https://confiduss.com/en/jurisdictions/lithuania/business/company-formation/
Manufacturer for Fashion Pu / Water Born Pu / Microfiber / Recycled Leather
6 年New Enery Power Industry would be the Trend in future , and would have plenty of Business Oportunity , until 2035 would not have any production of Gas Cars , this is a amazing news?
director at www.interart.nl
8 年We have visited Lithuania and the other 2 Baltic States recently Very impressed for different reasons but also specially by Estonia with there X-Road digital government System Better than all Europe by cooperating including parlement By the way I also found Tesla on Tallinn parking place so Lithium is also known
??EU Grants | Sustainability & Blue Economy
8 年I am glad that I can represent great country, thank you, James Post for a great article!