Lithuania’s manufacturing shift: Teltonika, Thermo Fisher & Orlen lead high-tech growth

Lithuania’s manufacturing shift: Teltonika, Thermo Fisher & Orlen lead high-tech growth

Over the past decade, the structure of Lithuania’s manufacturing sector has changed significantly. High-technology industries have expanded, while low-technology sectors have begun to plateau. Executives at some of the fastest-growing companies told LRT.lt that, if Lithuania is to continue narrowing the gap in living standards with Western countries, it must strengthen its high-tech base and invest in modernisation.