Teltonika to build €75M electronics assembly plant in Vilnius

Teltonika will build a new electronics assembly plant in Vilnius, Lithuania, with an investment of €75 million. The plant will create 700 jobs and have a production capacity of over 18 million IoT products per year.

“We need a bigger factory in view of the planned expansion of the Teltonika company group, as we are growing at a rate of several tens of percent every year.”vilniustechfusion.com

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• vilniustechfusion.comTeltonika is investing another 75 million euros in Vilnius - building a new electronics assembly plantSep 11, 2023

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