# 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.

- Type: New facility
- Announced: 2023-09-11
- Where: Vilnius, Liepkalnis, Lithuania
- Value: $80.0M (75.0M EUR)
- Jobs: 700
- Status: announced
- Capacity: 18 million products per year
- Products: IoT products, contract manufacturing services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Teltonika](https://endata.com/companies/72516.md)

## Sources

- [vilniustechfusion.com](https://vilniustechfusion.com/en/news/teltonika-is-investing-another-75-million-euros-in-vilnius-building-a-new-electronics-assembly-plant/), 2023-09-11: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.