RSI Europe to invest up to €50M in defence technology project in Lithuania

Lithuanian defence technology company RSI Europe plans to invest up to €50 million, significantly expanding its capacity to develop and manufacture advanced defence systems in Lithuania. The company has been granted large-scale investment project status by the Ministry of the Economy and Innovation of the Republic of Lithuania for this new project in the Panevėžys district.

The project is expected to create up to 40 new jobs, including highly skilled engineering and technical positions, while strengthening Lithuania's domestic defence-industrial capabilities. The project’s infrastructure is being designed with significant potential for further capacity expansion as demand grows.

RSI Europe is a Lithuanian defence technology company founded in 2022 that develops and manufactures products for national defence applications, which are currently supplied to Ukraine and NATO allies.

“The strength of Lithuania’s defence industry lies in local companies that are able to develop advanced technologies and expand their production here in Lithuania. RSI Europe’s project in Panevėžys district is expected to create up to 40 new jobs, around 35% of which will be for highly skilled engineering and technical specialists. These are concrete opportunities for people to take up qualified work beyond the largest cities and contribute to the growth of the country’s defence industry. Projects like this strengthen our economy and security, while also contributing to our goal of attracting at least 30% of new investments to the regions by 2030,” says Minister E. Grikšas.

The project’s production infrastructure is being designed so that it can be expanded as demand grows.

“This investment is about significantly expanding strategic defence-industrial capacity in Lithuania while leaving room for further growth. We want to strengthen Lithuania’s ability to manufacture critical defence technologies at scale, and establish a platform from which globally competitive defence systems can be developed and produced. Europe needs significantly greater sovereign defence manufacturing capacity, and we intend Lithuania to be an important part of building it,” says Tomas Milašauskas, CEO and co-founder of RSI Europe.

RSI Europe plans to develop the required competencies in cooperation with Panevėžys College (Panevėžio kolegija), helping build a long-term pool of technical specialists in the region.

“Lithuania’s defence sector shows how quickly local companies can grow into globally relevant players. RSI Europe is a strong example of what that ambition looks like in practice: advanced technology, high-skilled jobs, and growth rooted in the regions. Our task is to help such companies grow faster and reach further,” says Elijus Čivilis, General Manager of Invest Lithuania.