Hitachi has signed a deal to collaborate with Lithuanian energy company Lietuvos Energija to “achieve energy security in the Baltic region“.
Lietuvos Energija has overall jurisdiction over energy in Lithuania. Its chief executive Daulius Misiunas said: “We are drawing up this new energy policy in order to achieve energy security. We welcome this opportunity to adopt cutting-edge technology from Japan for use in energy.”
Hitachi executive vice-president Koji Tanaka said the company would bring its nuclear expertise to Lithuania and added: “If there are other opportunities to broaden our contributions in the Baltic region we are in a fantastic position to help through our experience and innovative technology across the entire Hitachi group.”
Hitachi has identified Central and Eastern Europe as a key region where it is seeking to expand its operations and as such opened an office in Lithuania last year.