A. Armonaitė to visit Thermo Fisher Scientific, one of the largest US investors in Lithuania


2023 08 31

2023 08 31.jpg

On Thursday, the Minister of the Economy and Innovation Aušrinė Armonaitė will visit Thermo Fisher Scientific, one of the largest US investors in Lithuania. The Minister will meet with the company's management, discuss the company's performance and future plans. 

"This is one of the largest private research and experimental development centres in the Baltic region, with nearly 1,600 well-paid jobs. The centre employs around 140 researchers who are successfully contributing to the growth of the Lithuanian life sciences sector. We want to ensure further cooperation and listen to the needs of the centre for further development in order to create more opportunities for the Lithuanian population and economic growth," said the Minister of the Economy and Innovation.

Thermo Fisher Scientific is a US supplier of scientific instruments, reagents and consumables, and software services. It has more than 600 locations in the Americas, Asia, the Caribbean and the Pacific, and Europe, the Middle East and Africa, including Lithuania.

Thermo Fisher Scientific has been one of the fastest growing companies in Lithuania in recent years and the largest corporate taxpayer in the country. Last year, its revenue was around €1.5 billion, compared to €2 billion the year before. 

In 2011-2012, Thermo Fisher Scientific invested USD 13 million  to add 10,000 square metres to its existing facility in Lithuania, which is used for research and development, manufacturing, warehousing and other functions, while increasing the capacity of the Vilnius Centre of Excellence in Molecular Biology.