According to construction contractor „YIT Lietuva“ and company reports, UAB „Light Conversion“ is investing 47,3 million euros into a new manufacturing complex in Lithuania, scheduled to create 200 new jobs and increase laser system production from 1,000 to 2,700 units annually between 2028 and 2031.””
Production Expansion and Facility Specifications
The upcoming production complex will span a territory of more than 9 hectares, featuring a five-story manufacturing building with a basement that exceeds 13,400 square meters, as reported by „YIT Lietuva“. Part of the basement will house a shelter designated for employees. The facility will also integrate modern engineering equipment designed to maintain an optimal indoor climate. Furthermore, architectural solutions for the project were prepared by the architectural firm UAB „Vilniaus architektūros studija“.””
During construction, teams will utilize the Building Information Modeling (BIM) method to efficiently plan and coordinate processes while securing high project quality. Outside the main manufacturing building, plans include 200 parking spaces alongside designated active and passive recreation zones for staff. The broader 9-hectare site is slated to accommodate future company expansion, with the overall project targeted for completion by the end of 2034.
Did You Know? UAB „Light Conversion“ is owned by shareholders including „7-Industries LC B.V.“, UAB „LC Option II“, UAB „OPCPA Holding“, UAB „HFL Holding“, and one individual shareholder.”””””
Financial Performance and Market Position
The expansion follows financial results for the enterprise. In 2025, UAB „Light Conversion“ group reported production activity, material sales, and service revenue reaching 146 million euros, marking an 8.1 percent increase compared to the previous year. Profit before taxation hit 43 million euros, with the firm paying 6.9 million euros in corporate income tax.”
Reflecting on these milestones in the previous year’s management report, Martynas Barkauskas, bendrovės vadovas, noted that the firm has officially grown into a large enterprise across all criteria. Barkauskas highlighted that annual contributions from femtosekundinės (itin trumpi impulsai) laser systems sold for medical applications continue to grow steadily. Meanwhile, core development directions for 2026 will focus on advanced scientific laser systems and industrial femtosecond lasers.
Research Focus and Global Stability
The manufacturer plans to sustain its focus on research and development activities directed toward fundamental scientific work, new product and technology creation, and existing product enhancement. Management anticipates that resource allocations for R&D will grow. Additionally, company leadership noted that shifting security dynamics in the Middle East region last year caused no major disruptions, as the enterprise’s technological processes do not rely heavily on petroleum price fluctuations.
Frequently Asked Questions
What is the financial value of the new manufacturing project?
Investments into the project will reach 47.3 million euros.
How many new jobs will the expansion create?
The project will create 200 new jobs between 2028 and 2031.
What are the revenue figures for the company?
In 2025, group revenue from production, material sales, and services reached 146 million euros.
How might the increase in annual laser system production alter the company’s standing in international markets by the next decade?