News from DCC

Some great news from Baltic FEZ!

The world’s economy is going through a period of challenges, but Marijampole Municipality together with Baltic FEZ management company, has submitted a joint EU project.
The project “Development of Important Engineering Infrastructure for Investments’ Attraction” was among the projects proposed for financing by the Ministry of the Interior of the Republic of Lithuania. 
A favorable decision of the Ministry of the Interior of the Republic of Lithuania on the allocation of financing will allow further successful development of Baltic FEZ for investments attraction in Marijampole, which means installation of appropriate infrastructure components - roads, electricity inlets, gas pipeline, water supply, domestic and rainwater networks, developing 3 to 4 new FEZ plots of 3-5 HA, which forms over 20 HA of useful area.
The planned value of the project is over 3.4 million, of which: European Union Structural Support Funds - 2.84 mln. Euros, Baltic FEZ input - 150 000 Eur, State Budget - 250 000 Eur, Marijampole Municipality Budget funds - 270 000 Eur. A few years ago, Baltic FEZ attracted an exceptional group of Danish window and door manufacturing companies to Lithuania. As soon as new investors are installing their business’, new work places would be created as well. It would help to ensure sustainable and consistent growth of economy in Marijampole region. The strategy of Batic FEZ is ambitious and further on value-oriented towards the increasingly “smart” (SMART PARK) investors of Denmark, Sweden, Norway and Germany.

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Danish Chamber of Commerce in Lithuania
Jogailos g. 4
LT-01116 Vilnius
(DCC is located at the NJORD Law firm, IV Floor)

Company code: 302416438

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DCC is the main organization representing Danes/Danish companies operating in Lithuania and others involved in Danish - Lithuanian operations. All our activities are based on a strong Danish identity and profile – and being a member should bring value, be interesting and be fun.

DCC is more than just interesting monthly meetings. It is the uniting organization creating network; promoting its members and Danish solutions in Lithuania and even challenging the authorities on matters relevant for the members; promoting its members and Lithuania in Denmark; and involving itself in activities, business as well as social, cultural and charity, relevant, challenging and of importance to its members.

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