About Kaunas FEZ Kaunas Free Economic Zone is a 534 hectares industrial development area which offers land plots supplied with a prepared infrastructure. Kaunas FEZ is attractive due to its convenient geographical location, tax incentives provided by the state, and a rapid process of establishing a company in Lithuania. Different territories are being developed in accordance to distinct spheres of activity for companies: the Production and Logistics Area; the Airpark; The Business Street. Kaunas FEZ offers the following possibilities: land plots with a well-prepared infrastructure meant for the real estate development; warehousing areas available for rent; office premises will shortly be offered for rent in the first business centre. From the establishment of the very first investor in 2005 to the present, Kaunas FEZ has been successful in attracting investments that amount to 367 million euros. 70 percent of these investments are foreign direct investments. 24 Lithuanian and foreign companies are currently working in the territory of Kaunas FEZ and approximately 2000 workplaces have already been created. Types of activities performed at Kaunas FEZ: the automation of industrial processes, warehousing and logistics, the production of pharmaceuticals, the production of isolation panels, the production of automatic garage doors, wholesale manufacturing of food supplements, the production of sapphire wafers and growing of monocrystal sapphires, the production of furniture, fish processing.