Minister of Economy will present Lithuania’s laser industry potential in Germany

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2017 06 26

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On 26–27 June 2017, Minister of Economy Mindaugas Sinkevičius together with representatives from public body Enterprise Lithuania and a business delegation will be visiting Munich (Germany) to present Lithuania’s laser industry potential to the international community at the largest global laser exhibition ‘Laser World of Photonics 2017’; the Minister will also participate at the meetings with high-ranking German officials.

On Monday 26 June, Minister of Economy will meet with Bavaria’s Deputy Prime Minister and Minister of European Affairs and International Relations Beate Merk. It is planned to discuss bilateral economic relations and prospects for further cooperation. The same day, Minister Sinkevičius and OSRAM representatives will discuss cooperation possibilities with Lithuanian companies; the Minister will also meet with the Lithuanian community in Munich. 

On Tuesday 27 June, Minister Sinkevičius will be visiting the largest global laser exhibition ‘Laser World of Photonics 2017’. Approximately 30 thousand visitors are expected at the exhibition this year and presentations will be delivered by more than 1 thousand companied from 37 countries. Minister Sinkevičius will also meet with Carlou Rizzuto, Director General at ELI-DC (Extreme Light Infrastructure). 

ELI (Extreme Light Infrastructure) is the first in the world interdisciplinary laser research project aimed to establish 4 research centers in Eastern Europe equipped with powerful and advanced lasers for specific research in particular areas. 3 research centers are under development already: Lithuanians are developing lasers in Hungary and the Check Republic and the project is implemented by the French in Romania. The place for the fourth research centre has not been selected yet and the Lithuanian laser community is therefore making efforts to have this infrastructure project in Lithuania. The project would attract considerable investments to Lithuania and promote innovation development.

The laser sector grows 10–15% in Lithuania per year. The sector turnover has almost doubled in recent five years: from EUR 46,5 million in 2011 to more than EUR 90 million in 2016. 10 years ago, only 10 companies were operating in the sector; while today, the products are provided by 30 companies which employ more than 800 highly skilled professionals. The major share of laser output produced in Lithuania (nearly 90%) is exported. The Lithuanian production is exported to 100 countries globally and the clients include the largest laboratories and research centres in the EU, the US, China and Japan.