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Lithuania has a diversified economy with a strong focus on manufacturing, particularly in the electronics, lasers, and biotechnology sectors. The country is also a major exporter of agricultural products, including dairy and meat. In recent years, Lithuania has been investing heavily in research and development, and the country is home to a number of innovative startups.
Lithuania Industry Government Procurement
The Lithuanian government is a major purchaser of goods and services from domestic industries. In 2022, the government spent €12.3 billion on procurement, which accounted for 12.5% of GDP. The government's procurement process is governed by the Law on Public Procurement, which aims to ensure that procurement is transparent, efficient, and competitive.
The Lithuanian government procures a wide range of products and services, including:
Construction hub with strengths in medical equipment, IT, education, and consulting.
The primary authorities responsible for Lithuania's industry procurement include:
The Ministry of Economy and Innovation
The Central Procurement Agency
The Public Procurement Office
Leading Lithuanian companies regularly secure government contracts, including:
Akmenės Cementas
Vilniaus Energija
Lietuvos dujos
Lietuvos geležinkeliai
Telia Lietuva.
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