This week,Giedrius Valuckas, the Chairman of the Board of BACC and Darius Lasionis, Executive Director of the BACC,participated in a virtual conference “Automotive meetings – Digital week”andB2Bmeetings.During theconference,G. Valuckaspresented Lithuanian/BalticAutomotive market, BACC cluster,companies activities and competitive advantages. D. Lasionis and G. Valuckas alsohadB2Bmeetings with various automotive OEM and TIER1 companies.
LithuanianAutomotive companies successfully withstood the COVID-19 pandemicandthe amount of orders the 1Q in 2021havesignificantlyincreased compared to2020. Automotive companies – BACC membersare developing new products and services. Lithuania and the Baltic States are being “discovered” due to their well-developed infrastructure, good geographical location connecting the markets of Eastern, Northern and Western countries, available engineering competencies and competitive environment.
We believe thatnew business partnerswill find suppliers – BACC companies andstart developingcommonprojects.