More Jobs for Mechanical Engineers Will Open in Kaunas Soon

2017-04-18 15:30

Hollister Incorporated, a US-based global manufacturer of medical devices and equipment, intends to open a new production site in Kaunas, Lithuania. The planned investment is approximately EUR 50 million with around 300 new jobs to be created over the next several years. The primary purpose of the investment is to meet demand in Europe, the agency Invest Lithuania informs.

Biomedical engineer working at KTU Santaka Valley

“Kaunas is an exceptional location for manufacturers of medical equipment. Kaunas University of Technology and the Lithuanian University of Health Sciences boast valuable competencies and cooperation in the area of research, resulting in innovative inventions that put Lithuania on the world map and substantially contribute to the education of qualified specialists. The intention of Hollister Incorporated to open a production site in Lithuania may therefore become a serious impetus for the country’s medical equipment production sector,” said Mantas Katinas, Managing Director of the foreign investment promotion agency Invest Lithuania.

Headquartered in the US, Hollister Incorporated has manufacturing and distribution centers on three continents and company offices in more than 25 countries. Hollister Incorporated also sells its products in more than 80 countries around the world.

“The decision to have a production site in Lithuania is a strategic initiative for our company. It will allow us to build new capacity and better serve our customers, primarily in Europe, which already accounts for the majority of our sales. We look forward to working with the Lithuanian government and implementing this project in Kaunus,” said V. George Maliekel, President and Chief Executive Officer, Hollister Incorporated.

According to Maliekel, Lithuania, and Kaunas specifically, offers right technical competencies and favourable investment climate, which were the key criteria in selecting the location.

Hollister Incorporated plans to cooperate with higher education institutions in Kaunas to continue to help to train specialists in mechanical engineering, which are in substantial demand on the labour market.

For more on studies at KTU, please visit https://admissions.ktu.edu/

Related news

2017-11-08 15:15
Apply now for studying at Kaunas University of Technology (KTU) from Spring Semester. Quality education is a continuous journey of learning and development, full of new knowledge, discoveries, opportunities and ideas. If your goal is international studies, interdisciplinary competences and successful career...
2015-09-11 14:15
If You need an answer to the question „Why focus on Career?“ there is one given below. Katie Jarvis in her presentation will share some simple tactics and techniques that can help to focus and build Your career. Traditionally ‘Career development’ meant upward promotion. However, organisations are flatter and leaner...
2017-11-17 16:15
Competition is an inherent part of a researcher’s life. In order to be successful in this career, one has not only to be inquisitive, active in raising questions and looking for answers, but also to have international experience. Many PhD students are convinced that to use the opportunity of internship through Erasmus...
2017-11-17 15:30
On Thursday, 16 November Kaunas University of Technology (KTU) management has given up their positions to students on the occasion of the International Students’ Day. This year, several companies led by KTU alumni, also followed the initiative and trusted their companies’ management to the students. 61 students have...
2017-11-17 14:30
Hamlet, one of the most famous productions of the National Kaunas Drama Theatre, directed by Vidas Bareikis, will be shown on the main stage of the Theatre with English translation on Saturday, 18 November. The translation is being provided by Kaunas University of Technology (KTU) technical translation students...
2017-11-17 08:30
On the 16th of November in the University of Cambridge was held conference OpenCon 2017 Cambridge. It is a satellite event of worldwide open access and education initiative OpenCon. In this event participated head of Research information Ieva Cesevičiūtė. More information: http://www.opencon2017.org/...
image
2017-11-16 10:45
This year's Kaunas Science Award was awarded to professor Sigitas Tamulevičius, Director of the KTU Materials Science Institute. This prize is awarded for long active and meaningful scholarly activities, the highest academic achievements, innovative activities and their implementation in Kaunas. According to S....
2017-11-15 13:15
On the 15 th of November, University of Cambridge hosts a conference „Engaging Researchers in Good Data Management”. In the conference participates Library director Gintarė Tautkevičienė and Head of Research Information Services Ieva Cesevičiūtė with the presentation “Towards Research Data Management Training at...