New Member Arginta Engineering

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Arginta Engineering design and production company of high value added products. The company provides machinery/equipment manufacturing services to brands that are well-known worldwide. The company’s priority is to produce products of the highest quality and to provide reliability to its customers. Arginta Engineering works with different sectors: energy, pulp and paper, oil and gas, lifting equipment, construction, packaging, wood processing, mining, noise minimization equipment, fluid handling, renewable energy, and more. The company can suggest these services: project management, design, supply chain management, production and assembly, quality inspection and testing, delivery and assembly. The added value to their customers:

  • Fully assembled machinery/equipment;
  • Ability to take on large-scale projects;
  • Ability to handle special project requirements (Off-shore (FROSIO), IWE, Heavy machining and lifting special materials and etc);
  • Engineering capability;
  • Diversified industry sectors portfolio – flexibility in production.

The work can start from mechanical drawings, and design optimization for cost-effective production, to production line concept design with electrical documentation and instructions. Arginta Engineering  takes care of sourcing standard or unique materials, and components, saving customers time and costs, and simplifying the supply chain management (SCM). Arginta Engineering’s strategy involves strict on-time process control and operations are carried out in our factories: in Lithuania and Finland.

OP Corporate Bank – best in Finland

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The best corporate bank – as rated by major companies in Finland – is our OP Corporate Bank. The bank has maintained its position among the top two corporate banks in Finland for the sixth consecutive year and is the only one that has consistently held this high position in the Prospera survey for so many years.

In the annual Kantar SIFO Prospera survey, the bank secured the first place in categories such as personal contacts, understanding banking needs, service minded, senior management attention, and quick decisions. OP Corporate Bank also received praise for its proactive approach

“My warmest thanks to our corporate customers for their trust, and to our personnel for their excellent work. I’m especially delighted that our customers see OP Corporate Bank as a quick decision-maker. Amidst growing economic uncertainty, the importance of rapid decision-making and active contacts is increasingly emphasised,” says Katja Keitaanniemi, CEO of OP Corporate Bank.

“Congratulations to our colleagues in Finland on this excellent customer rating. It reflects the values and philosophy of our bank. We always strive to provide clients with the best experience, speed, and value for their business, regardless of the country they operate in,” says Leda Irzikeviciene, Country Manager of the OP Corporate Bank Lithuanian branch.

The survey results indicate that major companies expect banks to understand their needs, be flexible, and make quick decisions. The survey involved 55 major Finnish companies with finance executives, and net sales of these companies amount to at least EUR 500 million.

New member – Akmenė Free Economic Zone joined the Finnish Chamber!

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Akmene Free Economic Zone (FEZ) is the youngest out of seven, but most rapidly growing free economic zone in Lithuania. It was officially launched in 2019. By the end of 2022, Akmene FEZ  accumulated more than 300 million euros of foreign direct investment (FDI) and remains an important catalyst for the region, leading the economy’s diversification into new, value-added sectors.

Akmene FEZ consists of 98,6 ha of land dedicated to manufacturing plants and service companies. The rapid growth and well-developed infrastructure of the FEZ is signaling investors’ confidence. Businesses choosing to locate at Akmene FEZ enjoy 0% corporate profit tax during their initial 10 years of operation and only 7.5% tax over the next 6 years. Also, no tax on dividends and real estate tax.

Contact details:
Director Lina Mockute
Phone: +370 626 24424
E-mail: Lina@akmenefez.lt
Website: www.akmenefez.lt

Half of the electricity consumed in Technopolis Lithuania buildings is generated by the Sun

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Technopolis, which operates the largest office campus in Lithuania, substantially expanded the use of solar energy for its buildings – the solar power plants installed on its own roofs were supplemented by the energy supplied by a remote solar farm, which was assigned to the company in April. Built by the renewable energy company Green Genius in the Seduva district, the solar power plant will meet about 50% of the total annual electricity demand of Technopolis’ buildings in Lithuania.

“Office buildings are energy-intensive and contribute to huge carbon emissions worldwide, so carbon neutrality is one of our key objectives. Technopolis Ozas in Lithuania is the first campus of Technopolis, which operates in six countries, to get such a large share of the used energy from solar sources. This use of solar energy has a significant impact: it is estimated that it will reduce carbon dioxide emissions in Lithuania by 8,700 tonnes in 5 years, which equals 410.5 thousand trees,” says Linas Savickas, Business Unit Director of Technopolis Ozas in Vilnius.

“Customer surveys show that it is increasingly important for customer companies to see how their office operator helps them to act in a sustainable and responsible way. Solar energy is not new to us, and we have been installing solar power plants on the roofs of our buildings with our partners since we set up operations in Lithuania. However, suitable areas for solar power plants are limited and even with all the infrastructure we have, we cannot produce enough solar energy compared to what we need. We started investigating the possibility of utilizing a remote solar power plant about two years ago back when the energy price crisis was not even a possibility. We are very happy where we are now with the remote solar power plant,” says Savickas.

Karolis Proscevicius, Head of Sales at Green Genius, says that renewable energy has become even more important in recent years. The popularity of green energy in Lithuania, which had already been increasing, has grown exponentially over the last year since Technopolis signed the contract. “It can be stated that Technopolis has jumped in this train at the right time,” he says.

“The statistics are impressive: the number of consumers that also generate renewable electricity has grown with an increase of 263 MW per year in 2022 alone, and that is almost 150% more compared to 2021. The number could probably be even higher, but regulatory changes have slowed down the process, so the winners are those who make decisions now. We currently have a queue of 1-1.5 years, which is the time it takes from signing a contract to installing and connecting a remote solar plant,” says Proscevičius.

“The scale of this project is huge as is its sustainability impact. We are so proud of our Ozas campus, it really is a forerunner on this topic,” Johanna Kivelä Technopolis Sustainability Manager says, and continues:

“The foundation for our sustainability is to enable our customers to be sustainable. When our customers choose Technopolis, they know they are making a sustainable choice.”

Technopolis is committed to using carbon-neutral energy in all of its buildings by 2030 – this includes electricity as well as energy used for heating and cooling. The electricity targets have already been met, with 100% CO2-neutral and certified electricity used in all Technopolis office campuses in six countries. Also, the overall target is well on its way, Technopolis scope 2 carbon footprint was only 7 kg CO2/gross m2 in 2022 group-wide, which is approximately 75% less than in 2019.

Leinonen Lithuania welcomes a new country manager

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Povilas Sadaunykas. The former manager Milda Ugianskienė does not leave Leinonen but rather moves forward with the experience and knowledge she has collected over 15 years at Leinonen Lithuania and now will further develop a great employee experience strategy for the whole Leinonen Group.

„We have appointed a financial professional with more than 10 years of experience in international financial companies to lead the Leinonen Lithuania team. For the new manager, we aim to maintain Lithuania’s leadership in the group of companies, continue business development by providing high-quality services and share good experience with Leinonen’s representative offices in other countries,“ says Seppo Hämäläinen, CEO of the Leinonen Group.

„When deciding to join Leinonen, the group’s clearly defined and personally close strategy – an uncompromising focus on service quality and client experience – had the greatest influence,“ – comments Povilas. – I believe that stable and successful operation in the financial market is possible only by maintaining high customer trust. That is what we will be focusing on with the whole team.“

Read more on the major business portal Verslo žinios https://www.vz.lt/verslo-valdymas/is-tarnybos-i/2023/05/04/p-sadaunykas-tapo-leinonen-lietuva-direktoriumi

ANNUAL MEETING OF THE FINNISH LITHUANIAN CHAMBER OF COMMERCE

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Dear Members of the Finnish Lithuanian Chamber of Commerce,

The ANNUAL MEETING OF THE FINNISH LITHUANIAN CHAMBER OF COMMERCE  will take place on 20 April 2023 at 5:00 PM
at the Embassy of Finland
K. Kalinausko 24, Vilnius

Agenda of the meeting:  

16:40             Registration and welcome coffee
17:00             Annual General Meeting:

  1. Opening and welcome by the Chairman of FLCC
  2. Election of AGM Chairperson, secretary and other officers
  3. Approval of the AGM agenda
  4. Legal and Statute regulations concerning AGM and quorum
  5. Approval of annual financial statement 2022
  6. Approval of annual report 2022
  7.  Recall and election of the Controller of the Association
  8.  Recall and election of the members of the board of the association
  9. Other matters brought to AGM
  10. Closing of the AGM

17:30             Guest speaker Richard Hull, Regional Security Officer, Embassy of the United   States of America
18:10             Cocktails and snacks

Please register to the meeting by April 18, 2023 via e-mail rubina.haapamaki@flcc.lt

Welcome!

FLCC board!

FLCC welcomes our new member – Purso OY!

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Purso is a Finnish family-owned business which specialises in the designs and manufacturing of aluminium products and systems. These products and systems are present in the day-to-day of people’s life and businesses.  Purso produces sustainable solutions for a wide range of uses from industrial applications and building facades to lighting. Purso helps their customers to achieve their visions and  combines comfort, style, ecology and efficiency.

FLCC welcomes new member!  Baltic FEZ

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FLCC welcomes new member!  Baltic FEZ (Marijampoles LEZ) is located in the strategic part of Europe and Lithuania. Its operator serves new business partnerships and investments in metal, wood, food, and engineering sectors.

The main strategic strengths in the Baltic FEZ:

Territory and location as it has a close bordering with the Baltic Sea, Latvia and direct bordering with Poland.  Marijampole region offers logistic access to major markets (East-West). International leaders in production choose Marijampole region as the location of it‘s manufacturing unit (e.g. IKEA, DOVISTA).

Infrastructure: it is within 1-2 hours reach to airports; within 2-3 hours reach to sea ports; directly by the RailBaltica and major roads; within Baltic FEZ there are greenfield land plots with the main infrastructure connections.

Services and attractive tax incentives in the Baltic FEZ: support services while setting up business (“one-window” approach); corporate profit tax 0% the first 10 years and 7,5% the next 6 years; dividend tax 0%; real estate tax 0%.

 

Caverion implements sustainable office premises for a state enterprise Registrų Centras in Vilnius, Lithuania!

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“The new administrative premises will provide modern workplaces for our 550 employees. We are delighted to have Caverion apply its innovative and sustainable solutions for the new premises and help us reach our ambitious sustainability goals,“ says Saulius Urbanavičius, Managing Director of the Centre of Registers.

Caverion is responsible for modernising the premises which used to be part of a university campus. A modern building management system by Caverion will ensure efficient use of energy at all times. Caverion will also install EV charging stations and charging points for e-bikes and e-scooters. In line with the sustainability objectives of the state enterprise’s strategy, a solar power plant will be installed on the roof of the building.

„Caverion experts have already been implementing a data center for the same building and are close to finishing this part. We are delighted with the unique partnership with the Centre of Registers and the opportunity for our team to contribute to the implementation of this new project,“ said Egidijus Šydeikis, Managing Director of Caverion Lithuania. The project is expected to be completed by the end of 2023.

State Enterprise Centre of Registers is a public entity of limited civil liability incorporated by the Government of the Republic of Lithuania. The Centre of Registers manages the main information resources of Lithuanian State registers and information systems.

For more information, please contact: Kristina Brogienė, Marketing and Communication Manager, Caverion Lithuania, tel. +370 614 64 164, kristina.brogiene@caverion.com

Amberton Green SPA Druskininkai – is a new member of FLCC

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First Wellness Sleep SPA in Northern Europe – Amberton Green Spa Druskininkai has joined the FLCC association and offers a luxury journey to recovery from burnout!

Amberton Green SPA Druskininkai – is a new Wellness Sleep SPA in peaceful and nature-surrounded Lithuanian resort Druskininkai.

An elegant 5-star hotel with 79 apartments where wellness starts with music therapy in bedrooms and bathrooms, smart mattresses evaluate sleep quality, special lightning technology.

An exclusive Medical and Wellness center includes 20 treatment rooms. The main focus is the wellness team of high-competence therapists and precisely prepared wellness and spa treatment menu for sleep problems and chronic fatigue syndrome, along with comprehensive diagnosis and monitoring, mindfulness-based stretch reduction therapy, the latest in health and wellness technology innovations.

SPA also includes a relaxation area, indoor pool with sauna, fitness area, restaurant and children ‘s area. Overall Amberton Green SPA Druskininkai architecture, design, wellness and management solutions aim to balance mental, physical, emotional and spiritual wellbeing.

Druskininkai resort is only 130 km far from the capital city Vilnius and close to the borders of Belarus and Poland, the town dates back as a spa resort to the 19th century, famous for natural resources: high mineralization mineral water springs, natural mud, pure air.

Welcome!