One more IT company attracted to Kaunas by its talent pool

Important | 2019-02-06

According to Lithuanian Minister of Economy Virginijus Sinkevičius, Kaunas University of Technology (KTU) is one of the reasons behind international investors’ branching to Kaunas. “Scientists at Kaunas University of Technology have been working in Internet of Things field for several years and have not only developed scientific knowledge, but also gained experience carrying out projects with businesses”, the Minister comments on the fact of NKT, a leading global power cable manufacturers is expanding its IoT team in Kaunas.

He believes that synergy between scientific knowledge and resources and know-how from the international business can build foundation for a strong cluster in IoT field.

As Invest Lithuania reports, NKT and THINKT, an innovation hub backed by the Danish company, are bringing their joint competencies to Kaunas where they are establishing a digital project development team. The new site will collaborate with the THINKT hub in Berlin to support and develop new projects for the energy industry.

“As NKT has been growing its team in finance over the past year, we realized that Kaunas has a strong potential to help us drive our digital agenda and we wanted to seize this opportunity. A strong technical university, the expertise in IT that the local talent pool possesses, and entrepreneurial spirit made the decision to grow our second team in Europe here in Kaunas easy,” says Veaceslav Driglov, CEO of THINKT Digital.

The company is looking for embedded software engineers, software developers, project managers, UX/UI designers, QA testers, and solution architects to join the new team, which will be developing new solutions for international companies with focus on industry-wide and cross-industry innovation challenges in the energy sector and beyond by leveraging the latest technologies. The team is expected to grow to around 30 professionals in two to three years. More information on positions can be found at www.workinlithuania.lt.

NKT has pioneered the cable industry for more than 125 years. It is a leading power cable provider connecting the world with an extensive portfolio of cables within such areas as construction, energy distribution. It also focuses on the growing offshore wind industry and the development of global power grids. The company employs more than 3,400 employees, and in 2017 reported revenue of over €1 billion.

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