• Karolis Žemaitis, Deputy Minister of Economy and Innovation of the Republic of Lithuania
• Audronė Gurinskienė, Head of the Lithuanian office of the German-Baltic Chamber of Commerce (AHK)
• Tomas Prūsas, President of the Lithuanian Engineering and Technology Industry Association LINPRA
• Virgilijus Dirma, Director of DigiTech association Infobalt

Arvydas Paukštys, Founder and President of the Teltonika Group of Companies

Industry 4.0. How to increase efficiency?

The fourth industrial revolution is usually associated with new technologies, robotics and digital solutions. Behind all of this lies the fundamental goal of Industry 4.0 – how to work more efficiently?

Ignas Vosylius, UAB Axioma Metering CEO

How to turn Vision(s) into Strategy?

The visions of companies, associations, and the state often sound beautiful, but lack a real map of how to get to that desired image of the future. Dreaming is simple and nice, but making it happen is difficult, risky and sometimes impossible. Let’s talk about the challenges of trying to turn an ambitious vision into a realistic strategy.

• Karolis Žemaitis, Deputy Minister of Economy and Innovation of the Republic of Lithuania
• Živilė Sederevičiūtė-Pačiauskienė, Vice-Rector of Studies of Vilnius Gediminas Technical University
• Ignas Vosylius, UAB Axioma Metering CEO
• Arvydas Paukštys, Founder and President of the Teltonika Group of Companies
• Tomas Prūsas, President of LINPRA
• Mindaugas Ubartas, Tech Freethinker (moderator)

Artūras Dudavičius, UAB Klinkmann Lit Solutions Sales Manager

Digital engineering success stories using the digital twin tool Emulate3D

Although today’s automated systems use many standard components – machines, production lines – each system can still be considered a prototype. The latter must be fully tested before commissioning. Traditionally, testing began during machine installation. However, a more recent approach allows testing to begin practically at the design stage. One of the most powerful tools is the new digital twin software, Emulate3D. In our report, we will review several successful E3D use cases.

Raimundas Dautartas, UAB Cosmoway Manufacturing Manager, and Andrius Vilčiauskas, UAB Manufacturing Code Technology CEO

How to manage change?

Manufacturing companies have recently been living at a pace of constant change. Who and how influences the company’s ability to change and adapt, what principles and technologies can help create sustainably operating businesses.

Giedrius Valuckas, CEO of UAB Progressive Business Solutions

Are we ready to integrate CO2 management in our businesses? Monitor ERP business case.

CO2 will soon become one of the most important criteria in trade/manufacturing transactions. From 2026 The European Commission imposes requirements on companies through the EU Sustainability Reporting Standards (ESRS). The ESRS is the new EU Corporate Sustainability Reporting Directive (CSRD) and will replace the corporate sustainability reporting standard. For the first time, all EU-level corporate sustainability reports will have to be presented in a standardized, comparable and more consistent format, just like financial reporting. In the digital transformation of companies, such Integrated solutions will be needed, which will account not only for the efficiency of the company, but also for sustainability. Guidelines for CO2 accounting with Monitor ERP.

Vytautas Jokužis, UAB Elinta General Director

Innovative products developed in Lithuania

Gintarė Kuncaitytė, Head of the Investment Management Department of the Innovation Agency

EU funding: invest in industrial business growth

The European Union’s quest to ensure the competitiveness of the economy by reducing its impact on climate change has outlined two clear directions: digitization and the green course. Ambitious goals and requirements are set that will affect the Lithuanian industrial sector as well, but not only challenges, but also opportunities await them.