Lithuanian manufacturing has demonstrated its crisis-resistance once again!
The data extracted from Lithuanian Statistics department indicates that the Lithuanian Manufacturing output is recovering fast and is already higher than last year! In January-September, 2020 the production output of manufacturing sector was 0,61% higher than in January-September, 2019 – despite ongoing complications in the global economy caused by Covid-19.
This data is very interesting and I had the pleasure to explain reasons behind swift recovery of #LTmanufacturing during an international conference “Making Industry 4.0 Real” organized by LINPRA – Engineering Industries Association of Lithuania, German-Baltic Chamber of Commerce in Estonia, Latvia, Lithuania (AHK) and INFOBALT.
Together with businesses and policymakers from #Lithuania and other #EU member states, participants also discussed the newest trends in #industry4point0.
We closely work with engineering industry, the top management of local municipalities as well as with all the main governmental institutions and ministries. The investors and business innitiatives are highly supported and very welcome!