MAGNA Supplier´s Day in Lithuania, Vilnius, took place on 30th of May, 2018, 8:00–17:00 pm, Novotel Vilnius Centre Hotel, Gedimino av. 16.

MAGNA is a global automotive supplier with 335 manufacturing operations and 96 product development, engineering and sales centres in 28 countries. They have over 168,000 employees focused on delivering superior value to the customers through innovative processes and World Class Manufacturing.

A total of 32 companies from 3 Baltic states participated in B2B meetings. Each participating company had 30 minutes on disposal for presentation and questions to the representatives of MAGNA. Companies introduced their samples and marketing materials. The form of the event was speed-dating, following a strict agenda with specific meeting times.

According to MAGNA representatives, they consider no less then half of all companies to be potential partners.

More than 200 representatives of automotive industries (SMEs as well as international giant companies) gathered in a B2B event in Poland, Opole, on March 22, for matchmaking. Good news – Lithuania is recognized among the leaders of automotive sector as a country with big potential. Recommendation for the perspectives from experts is to continue and actively invest in technologies, increase productivity and strengthen the value chain among Lithuanian companies.

Annual Meeting of BACC members occurred on March 29. A report of 2017 activities was introduced and approved. Members also discussed and agreed about the plans and international activities for 2018 (participation in international exhibitions, B2B matchmaking events). Germany and Sweden remain the priority markets. But plans for 2018 are to expand contact list and strengthen relations with UK, French automotive companies, clusters and business organizations and start new cooperation. Michael Jarecki, Director of HELLA Lithuania, also attended the general meeting. The possibilities of cooperation, development in Lithuania, the nearest plans were discussed.

BACC representatives met “Hella Lithuania” director and purchasing manager to discuss opportunities for cooperation between companies.

HELLA, the world’s first giant in the automotive industry in Lithuania, attended the AHK Business Lunch. BACC representatives met HELLA’s head in Lithuania Mr. Michael Jarecki and vice president Dr. Martin Meggle.

During the meeting the following topics were discussed: Electronic business; new trends in the automotive industry; autonomous driving, electrification and personalization.

BACC director Darius Lasionis and HELLA director Michael Jarecki spoke about possibilities to effectively develop the supply chain in Lithuania and order the production of certain products, needed for HELLA factory, in Lithuanian enterprises. Michael Jarecki assured that they are already looking for and talking to Lithuanian producers.

The purpose of the visit was to scout and meet potential Lithuanian suppliers.

BACC (Baltic Automotive components cluster) was a partner of this visit which provide the information about potential Lithuanian as well as Latvian and Estonian companies and helped to arrange all meetings.

Several companies have been selected as very promising and we are very happy on that. Well done!

In the nearest future the representatives from quality division of Audi are going to start Quotation process.  Welcome to Lithuania AUDI!

BACC had the unique opportunity to represent cluster, Lithuanian engineering industry and their potential to the Robert Bosch company. “During the meeting with the BOSCH Vice president of Purchasing Strategies, Methods and Governance, we presented opportunities doing business in Lithuania, activities of BACC, discussed about strengthening relationships, how to enter into Bosch supply chain etc, and we are are looking forward to a long and mutually beneficial relationship in the future” – says Darius Lasionis, Chief Operating Officer of BACC.