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Eimantas Kiudulas delivers the message that Klaipeda FEZ is the ideal solution for fast EU market entry opportunities
Expanding your markets by carrying out EU-certified final assembly in Klaipėda, as well as other business opportunities for non-EU companies was the subject of a talk delivered by Eimantas Kiudulas, the CEO of Klaipėda FEZ, at a Belarusian-Lithuanian business cooperation meeting in Minsk.
For many CIS based companies, the ‘Made in EU’ trademark is a real door opener to lucrative new European markets. Meanwhile, Klaipėda FEZ provides a location, infrastructure and ecosystem that is ideally suited to sourcing materials from Asia and catering to customers in Europe. This is the experience of investors such as Indorama, Neo Group and Ani Plast, to name just a few.
It was the benefits product certification affords, and the process by which it can be achieved, as well as other business opportunities, that Mr Kiudulas outlined to a 70-strong crowd of Belarusian companies at an event in Minsk.
Mr Kiudulas also shared the case study of one of Klaipėda FEZ’s investors – a major Russian plumbing manufacturer. The company was interested in broadening their markets beyond Russia and the CIS, so it made the decision to open a final assembly plant in Klaipėda a few years ago. It now sources roughly 60% of its parts and materials from Russia and China, assembles them in Klaipėda and supplies the EU, EEA and other new markets. The Klaipėda FEZ business development team is on hand to provide more information about the opportunities Klaipėda FEZ can offer companies looking to grow their operations.
The event was organized by the Embassy of the Republic of Lithuania in the Republic of Belarus with the assistance of the Belarusian Chamber of Commerce and Industry (BelCCI). It was attended by the Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to the Republic of Belarus Andrus Pulokas, the Chairman of the BelCCI Vladimir Ulakhovich, representatives of the European Bank of Reconstruction and Development, the Lithuanian Agency for Science, Innovations and Technologies, the Lithuanian free economic zones, as well as 70 Belarusian and around 30 Lithuanian companies.