-
Companies
Geralda, JSC
We are the largest candle manufacturer in Lithuania, that have been in business
Wallux Godram Group JSC
We are producers of exclusive partition walls and house security products.
web4IT JSC
web4IT – enterprising and active team of people ready to offer
Unikalus vaizdas, R.Turauskienes enterprise
The company produces ceramic candle houses. All items are done by hand.
A. Žilinskio ir Ko JSC
We provide the following services:
DESIGN;
TRADE;
CONSTRUCTION;
Research & Development
With a pool of nearly 18 000 R&D professionals, Lithuania has developed a network of five R&D valleys specializing in laser, nanotechnologies, semiconductor physics, electronics, engineering, biotech, energy, environment, ICT and agriculture. The valleys are based in Vilnius, the capital of Lithuania, in Kaunas, the country's second largest city and industrial centre, and in Klaipėda, the non-freezing seaport city.
The science and business valleys in brief:
- Strong network of R&D centres in three largest Lithuanian cities
- Broad spectrum of specialization in various scientific research areas
- Great concentration of talent
- Excellent supply of new office space
|
ICT & Life Sciences Centre |
|
|
Centre of Physical and Technological Sciences |
|
|
National Open-Access Centre of R&D |
|
|
Centre of Agriculture and Forest Sciences |
|
|
National Centre of Marine Sciences and Technologies |
Key Advantages of R&D Valleys in Lithuania
- Greater access to skills and networking – High concentration of scientists, researchers, developers and academia; Close collaboration of knowledge-intensive businesses with science and study institutions; Opportunity to be co-located with other companies in the same sector and region (clusters opportunities).
- Research excellence – Open-access labs; R&D projects supported by the EU and the state; Successful application of research results in industry and business.
- High-quality infrastructure and premises – Excellent infrastructure for research, innovation and new technology development and comfortable conditions to establish new technology-oriented businesses – offices, labs and business incubators.
- Internationalization – Great conditions to get more competitive internationally.
Attractive Incentives for New Technologies and R&D
- Scientific research and experimental development (R&D) costs are deducted three times from income for the tax period during which they were incurred, if the performed R&D works are related to the usual or intended activities of the entity that generate or will generate income or economic benefit.
- Super-accelerated depreciation – the acquisition price of fixed assets used in the R&D activities can be written-off within two years. Investments in substantial technological improvements will entitle companies to reduce the taxable profit by 50%.
Among the leading companies involved in R&D activities are MOOG, Thermo Fisher Scientific and IBM. For related success stories please click here
Contact information
For questions or more information about the Lithuanian Research & Development sector or for identifying suitable partner companies, please do not hesitate to contact:
Lina Šarkaitė
Project manager
Enterprise Lithuania
A. Gostauto st. 40A
LT-01112
Vilnius, Lithuania
Tel: +370 (5) 2649076
Email: l.sarkaite@enterpriselithuania.com