HIGH-TECH HILL TECHNOLOGY PARK OPENED: FOUR NEW FACTORIES LAUNCHED

The four new facilities – a printed circuit board plant, plastics and mechanics plant, electronics assembly plant, and electronic components plant – complete the first stage of the technology park project. Together, these factories will enable the production of more than 30 million electronic devices per year. The total investment in these facilities, including land acquisition and street and infrastructure development, exceeds €320 million.

Opportunities for Teltonika partners to grow together

The new High-Tech Hill Technology Park now hosts a state-of-the-art electronics assembly factory which, with its expanded product offering, will also support sustainable growth for Teltonika’s partners. The 22,700 m² facility includes 10 electronics assembly lines (SMT), 5 packaging lines, a modern robotic warehouse, and laboratories, ensuring an additional production capacity of 18 million units per year.

Arvydas Paukštys, founder of the Teltonika and TLT groups of companies and head of AGP Investments, said:

“We are grateful to our partners for the trust that has enabled Teltonika Group to grow more than fourfold over the past five years. This, our third electronics assembly factory, will be a vital part of our continued growth. With newly implemented automation and digitalisation processes, we will be able to efficiently produce both large and small batches, and deliver the latest technological products to our customers even faster.”

FOUR NEW FACTORIES DRIVING GROWTH

Vertical integration is a key advantage of High-Tech Hill, reducing dependence on supply chain disruptions and suppliers in Asia. For clients, this means access to the full range of electronics manufacturing services in one place – from PCB production to final product assembly. This is a unique achievement not only in the region but also in the context of the European tech industry.

With the opening of these new factories, the group’s production capacity increases from the current 10 million to 30 million electronic devices per year. By 2030, when the technology park is expected to be fully completed, capacity will reach up to 100 million devices annually.

Facts and figures about High-Tech Hill Technology Park

• Total area: 55 hectares
• Number of employees in the four new factories: 1,370
• Construction of the four new factories started in 2023; total investment: €320 million
• More than 6 MW of solar power plants have been installed on rooftops; total planned capacity: 17 MW. Total electricity consumption of the park: 74 MW
• Community-friendly infrastructure developed: two new streets – Ditvos and Svylos – fully built, with over 9,500 m² of paved roads with sidewalks, 3,200 m² of cycling paths, and a new roundabout for traffic safety
• 468 trees and 3,847 shrubs planted, with a total of 12,551 m² of green areas landscaped
• Future development phases will include an R&D centre, a semiconductor chip design, packaging, assembly, and testing plant, a power module assembly plant, additional electronic component factories, an AI data centre, as well as infrastructure projects such as a shopping centre and parking facilities.