Lithuania’s high-tech company group Teltonika has completed the construction of four electronics factories in Vilnius’ Liepkalnis district, a €320 million investment that marks the first stage of the ambitious Teltonika High-Tech Hill technology park.
Company founder Arvydas Paukštys confirmed that starting in November, construction will begin on the next phase of the park: new factories for semiconductors, power module assembly, and electronics components, as well as a state-of-the-art artificial intelligence data center.
Strengthening Lithuania’s technological independence
At the opening ceremony, President Gitanas Nausėda highlighted the strategic importance of the project.
“For me, this is more than a business project – it is an investment in Lithuania’s technological independence and economic security. At the same time, it is proof of how far we have come as a state,” he said.
The President emphasized that the new facilities will create opportunities for highly qualified specialists – chemists, physicists, engineers, master’s graduates, and doctoral students – to develop their careers in Lithuania rather than abroad.
Building a European electronics hub
Acting Minister of Economy and Innovation Lukas Savickas noted that the launch of the factories completes the first stage of the technology park, which will eventually host 10 factories in total.
“These facilities mean production capacities that will allow Lithuania to become one of the key electronics manufacturing centers in Europe. We are building a vertically integrated, independent production chain – from prototype to mass production,” Savickas said.
The factories will produce printed circuit boards, plastic and mechanical components, and other electronic parts. One facility will focus on electronics component assembly.
First components already in production
The four factories have already started producing their first components, though not yet at full capacity. According to Paukštys, the Internet of Things increasingly requires chips powered by artificial intelligence, which is why an AI-dedicated factory will also be built within the park.
“We may not be able to produce 100 percent of everything in Lithuania, but the critical components will be made here – for speed, security, and reliability,” he explained.
1,370 new jobs and a boost to GDP
By 2030, the 55-hectare Teltonika High-Tech Hill is set to include not only 10 factories but also a major R&D center and an AI data center.
Around one-third of the required workforce has already been recruited, and the project is expected to create 1,370 new jobs in total. Once fully operational, Teltonika plans to produce around 100 million electronic devices annually, contributing up to 3 percent of Lithuania’s GDP.
Key Facts about the High-Tech Hill Project
- Total area: 55 hectares.
- Jobs created in the four new factories: 1,370.
- Construction start: 2023, with total investment of €320 million in the four factories.
- Green energy: more than 6 MW of solar power installed on rooftops; total capacity planned – 17 MW. Overall electricity demand of the park – 74 MW.
- Community infrastructure: two new fully equipped streets – Ditvos and Svylos – with 9,500 m² of asphalted roads and sidewalks, 3,200 m² of bike lanes, and a newly built roundabout for traffic safety.
- Green areas: 468 trees and 3,847 shrubs planted, with 12,551 m² of landscaped green zones.
- Future development: an R&D center, semiconductor chip design, packaging, assembly and testing facilities, power module assembly, electronics component factories, an AI data center, and supporting infrastructure such as a shopping center and parking facilities.
Source: BNS, Teltonika
