PKC Opens Manufacturing Unit in Lithuania
OREANDA-NEWS. July 21, 2014. SORAINEN Lithuania advised PKC, a global leader in design, manufacture and integration of electrical distribution systems, electronic and related architecture components for the commercial vehicle industry and other selected segments, on opening a manufacturing unit in Lithuania.
We advised PKC on corporate, employment, tax, real estate, commercial, immigration and other matters related to the set-up of its operations in Lithuania. In addition, we represented PKC in negotiations with the Ministry of Economy regarding an investment agreement and incentives package. It is anticipated that within two years PKC will employ not less than 320 personnel in its manufacturing unit to be based in Panevezys.
Our team in this project was led by partners Algirdas Peksys and Laimonas Skibarka with senior associates Liudas Ramanauskas and Jurgita Venckute.
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