23-06-2025

L. Savickas to meet with the German Minister for Economic Affairs in Berlin and speak at a prestigious conference

The Minister of Economy and Innovation, Lukas Savickas, will visit Berlin on 23–24 June to participate in Tag der Industrie 2025 (TDI), a prestigious German industry conference organised by the Federation of German Industries (BDI). This event will bring together hundreds of political, business and innovation leaders, including Bill Gates, German Chancellor Friedrich Merz, and European Commission President Ursula von der Leyen.

L. Savickas will deliver the opening speech at the TDI conference and participate in a high-level panel discussion with leaders of European innovation companies (Black Semiconductor, Marvel Fusion and Equinor) on the importance of technological breakthroughs, investments and Europe's economic independence. He will also discuss the importance of technological breakthroughs, investments and European economic independence.

During the visit, he is scheduled to meet with the head of Amazon's German division, the TUI AG board to discuss opportunities for growing inbound tourism, and the CEO of Black Semiconductor. He will also hold a bilateral meeting with German Economy Minister Katherina Reiche. The minister will also meet with the local Lithuanian community and young German entrepreneurs.

Germany is Lithuania's main economic partner. In 2024, it was the largest export market for Lithuanian goods, accounting for 9.9% (€2.42 billion) of total exports. Lithuanian exports to Germany include machinery, electrical equipment, furniture, plastics and wood – sectors with particular growth potential. Lithuanian exports to Germany include machinery, electrical equipment, furniture, plastics and wood – sectors with particular growth potential.

'In today's geopolitical and economic environment, quick and strategically sound decisions are required. Germany is a key partner for us in terms of exports, investment, technology and innovation. We are seeking to strengthen economic ties and attract more direct German capital investment to Lithuania,' said Minister L. Savickas.

He added that Germany's increased military presence in Lithuania opens up opportunities for closer cooperation in areas ranging from the defence industry and innovation to investments in traditional industrial companies. This week, the Seimas will adopt amendments to laws proposed by the Ministry of the Economy and Innovation, creating an 'Investment Highway' — offering some of the best conditions for investors in Europe.