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Laser Manufacturer Light Conversion Invests Eur 47.3 Million in Vipalace Project in Vilnius

Summary by vz.lt
The Ministry of Economy and Innovation announces that it has granted the status of a major investment project to laser manufacturer UAB Light Conversion. It is planned to invest EUR 47.3 million in the production and research center, which will allow for an almost threefold increase in production capacity - from 1,000 to 2,700 laser systems per year.
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The Ministry of Economy and Innovation announces that it has granted the status of a major investment project to laser manufacturer UAB Light Conversion. It is planned to invest EUR 47.3 million in the production and research center, which will allow for an almost threefold increase in production capacity - from 1,000 to 2,700 laser systems per year.

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vz.lt broke the news on Wednesday, April 22, 2026.
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