US healthcare products manufacturer Hollister Incorporated is expanding its Lithuanian operations. This month, the company has officially opened its financial services center, Hollister SSC Lithuania, complementing its manufacturing facility, Hollister Lietuva, located in the Kaunas Free Economic Zone. Building on this growth, the company has announced plans to establish a new product development (NPD) center at its Lithuanian facility later in the year.
The NPD center, which follows a recent €25 million investment in production operations, will create new roles in research and development, design assurance, and sustaining engineering at the company’s Kaunas site. This strategic move aims to enhance Hollister’s new product commercialization process by locating it directly at the manufacturing site. "Lithuania is gaining increasing significance within the global Hollister family. By establishing the NPD center alongside our manufacturing facility in Kaunas Free Economic Zone, we're creating a hub that combines production excellence with innovation capabilities. The proximity to the larger new product commercialization team is expected to improve operational efficiency and effectiveness", said Saulius Bitinas, CEO at Hollister Lietuva. Hollister expansion in Lithuania encompasses multiple facets of the company’s operations. The newly established financial services center currently employs 27 associates and provides accounting services to the company’s divisions across Germany, Austria, Switzerland, Belgium, France, and the Netherlands. Meanwhile, the manufacturing facility is undergoing a €25 million upgrade that will see new state-of-the-art machinery added over a three-year period. These developments are expected to significantly increase Hollister presence in Lithuania. By the end of 2025, Hollister Lietuva plans to recruit more than 100 specialists and reach 900 associates at its manufacturing operations, while Hollister SSC Lithuania aims to double its shared services center team to 50 associates. Comments are closed.
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