Singaporean group Esco Lifesciences announced it was starting the construction of a medical equipment factory worth 15 million euros in Lithuania’s central district of Kaunas.
Situated in the Kaunas Free Economic Zone (FEZ), the new production facility will produce laminars and incubators to ensure optimal microclimate for cells.
Elijas Civilis, CEO of Investuok Lietuvoje (Invest Lithuania), Lithuania’s foreign investment promotion agency, says Esco’s expansion in Lithuania demonstrates the high level of life sciences competencies. (BNN/Business World Magazine)