Type
Business expansion
Country
Lithuania
Region
Lietuva; Vidurio ir vakarų Lietuvos regionas ; Šiaulių apskritis
Location of affected unit(s)
Baisogala
Sector
Manufacturing
(24 - 25) Manufacture of metals
25.4 - Manufacture of fabricated metal products, except machinery and equipment
25.4 - Manufacture Of Weapons And Ammunition

150 jobs
Number of planned job creations
Job creation
Announcement Date
7 January 2025
Employment effect (start)
31 December 2026
Foreseen end date

Description

Rheinmetall, the German defence technology company, has announced that it will create 150 new jobs in Lithuania.

Rheinmetall has entered into a joint venture with Lithuanian partners to establish an artillery shell manufacturing plant in Baisogala, Lithuania. The factory is expected to be operational in late 2026 or early 2027.

The newly formed company, Rheinmetall Defence Lietuva, is owned 51% by Rheinmetall, 48% by EPSO-G Invest, and 1% by Giraitės ginkluotės gamykla. Total investment in the facility is estimated at €260 million. The plant will produce tens of thousands of 155-mm artillery shells annually.

Rheinmetall is a leading international systems provider for the defence industry, while EPSO-G is a state-owned Lithuanian energy transmission and exchange group.


Sources

Citation

Eurofound (2025), Rheinmetall, Business expansion in Lithuania, factsheet number 201266, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201266.