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Saturday, 23.11.2024, 03:07
AL-KO Vehicle Technology to open in Kaunas
"We chose Kaunas due to the rapidly growing automotive component
manufacturing cluster. Seeing its development and how Kaunas municipality and
the city's universities are interested in the cluster, we believe that this
location will become one of the centers for the future automotive industry and
we want to be here as early as possible," Dr. Frank Sager, AL-KO's
senior vice-president for research and development, said in a press release.
The company said it would employ a team of 30 professionals in the coming
three years in place developing the company's products, with the first ten
professionals to be hired shortly.
Currently, AL-KO Vehicle Technology
is represented on all continents of the globe – with a total of 2,400 employees
and over 40 production locations, sales companies and around 1,000 service
stations.
AL-KO Vehicle Technology is part of the German- and US-capital company DexKo Global.