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Wood and Furniture

Many Scandinavian and international companies have started their trading companies and wood processing enterprises here in the Baltic States.

A reason for this could be found in the fact that transportation of processed goods is cheaper than the transport of bulk wood in relation to value, and in the Baltic States’ policy of producing more processed wooden products with higher added value.

The Lithuanian furniture segment as of 2013 offers more than 700 companies, more than 20,000 skilled employees, and an average monthly salary of EUR 614 (gross).

After the crisis in 2008-2009, the Lithuanian wood sector has experienced positive structural changes and achieved qualitative gains. The sector had in 2013 more than 1,000 companies involved with over 18,000 skilled employees and salary levels similar to the furniture segment.

The main furniture and wood companies are located around the 3 major cities: Vilnius, Kaunas and Klaipeda.

For Danish companies looking to enter into partnerships or establish a company in the Baltic States, the Danish Embassies in Vilnius, Riga or Tallinn will be pleased to provide assistance.