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Algimantas Markauskas, director of Thermo Fisher Scientific Baltics, says the development was determined by the potential of the region’s talents.
“The supply of qualified specialists in the country allows us to expand the division in Vilnius and thus ensure that we serve our customers even better around the world,” said A. Markauskas in the report.
Thermo Fisher Scientific Baltics develops, manufactures and distributes products for life science research and diagnostics. The company has established an experimental research and development center in Vilnius, focused on the development of new products in the fields of molecular, protein and cell biology.
Thermo Fisher Scientific started operations in Lithuania in 2010 for 260 million. Fermentas, Lithuania’s largest biotech company, has acquired USD.
According to Sodra, the company currently employs 1,260 people.
In July, it was announced that the company intended to build a production and logistics building on its territory in Vilnius.
Thermo Fisher Scientific Baltics received $ 440.1 million last year. Income in euros: 49.2 percent. more than in 2018, its net profit grew 63.3 percent. up to 246.6 million euros.
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