Celebrating Client Success: The Largest Industrial Innovation Park in the Baltics – VMG Technics R&D Park.

2024-09-09

Extremely proud of our client: VMG Group has officially opened the largest and most advanced industrial innovation park in the Baltics – VMG Technics R&D Park.

As VMG Group have stated on their press release: located in the Klaipėda district, this €30 million investment marks a significant milestone in our commitment to drive technological innovation. The park will serve as a centre for the development and implementation of advanced solutions in robotics, automation, artificial intelligence and other innovative technologies.

VMG Technics R&D Park consolidates the entire technology development process under one roof, enabling us to meet the industrial technology needs of companies from Scandinavia, the USA, Japan, Australia and other regions. From initial concept to final implementation, the park is designed to deliver comprehensive, top-quality solutions.

This project not only enhances their ability to develop high-end technologies, but also promotes collaboration between the academic and industrial communities, further establishing Lithuania as a key player in the industrial technology sector. The park will include a Competence Centre with a modern industrial innovation laboratory, which will be open to companies and universities from Lithuania and abroad.

“There is no doubt that this project will make Lithuania famous in the world! Congratulations and we hope for a successful cooperation” – said Justinas Klimašauskas, Board Member and Director of Corporate Governance Services, and Sandra Pavlova, Associate Partner of Corporate Tax Services, who represented the NOEWE group at the event.