The location decision in the Lithuanian region of Kaunas is currently in the final phase, the company said in a press release. The opening of the new electronics plant is scheduled for mid-2018. The investment volume of the first phase amounts to some 30 million euros.
"Electronics is a fundamental cornerstone of the strategic alignment of HELLA," says Rolf Breidenbach, Chairman of Hella’s Management Board. "We are expecting further growing demand for our electronic components, especially against the backdrop of the strong industry trends towards autonomous driving, electrification and digitization. Therefore, our new production site in Lithuania will be an important building block to continue the successful development of our electronics business.”
As a traditional industrial region, the Kaunas region in Lithuania has a good infrastructure and a business-friendly environment with highly qualified workers. At the new Hella site in Lithuania, sensors, actuators and control modules for the automotive industry are to be produced on a production area of around 7,000 square meters. Initially, the company is targeting a headcount of up to 250 employees in the new site.