Klaipėda is an industrial centre of Western Lithuania with potential of being a major factor in Lithuania’s industrial development. Having only 5.47% of the country’s population, Klaipėda produces about a tenth of the country’s industrial production and almost 80% of that of the county, while the input of Klaipėda city into the national budget amounts to 12%. In terms of sales volumes, the production of food products and drinks accounts for the largest share in the city’s industry – 25.8%; tobacco industry – 21.7%, electric equipment – 18.6%, production of transport equipment – 14.7%, timber industry and its products – 7.6%, furniture production – 2.7%. 
The biggest employers in Klaipėda | PLACE | COMPANY | NUMBER OF EMPLOYEES | SALES AND SERVICES IN 2000 (THOUSAND LITAS) | | 1 | Vakarų laivų remontas PLC (Ship repair) | 1 626 | 111 124 | | 2 | Shipbuilding yard “Baltija”, PLC | 1 590 | 111 789 | | 3 | KLASCO, PLC (Klaipėda Stevedoring Company) | 1 521 | 144 667 | | 4 | Baltijos automobilių technika (Car electronics) | 1 438 | 256 212 | | 5 | Klaipėdos mediena, PLC (Timber) | 1 335 | 87 464 | | 6 | Lisco, PLC | 1 280 | 228 189 | | 7 | Klaipėda transport fleet, PLC | 564 | 71 035 | | 8 | Klaipėdos duona, PLC (Bakery) | 560 | 36 447 | | 9 | Klaipėdos kartonas, PLC ( Cardboard mill) | 533 | 46 619 | | 10 | Klaipėdos pienas, PLC (Dairy) | 506 | 52 187 | | 11 | Klaipėdos energija, PLC (Power supply) | 500 | 84 751 | | 12 | Klaipėdos vanduo, PLC (Waterworks) | 443 | 34 971 | | 13 | Klaipėdos baldai, PLC (Furniture) | 440 | 62 429 |
Source: Vakarų žinios Most profitable companies of Klaipėda | PLACE | COMPANY | PROFIT BEFORE TAXES IN 2000 (THOUSAND LITAS) | SALES AND SERVICES IN 2000 (THOUSAND LITAS) | | 1 | Švyturys, PLC (Brewery) | 39 316 | 116 471 | | 2 | Genčių nafta, Ltd. (Oil) | 23 358 | 82 864 | | 2 | Klaipėdos nafta, PLC (Oil) | 18 500 | 105 299 | | 3 | Klaipėdos transport fleet, PLC | 10 899 | 71 035 | | 4 | Klaipėdos baldai, PLC (Furniture) | 6 339 | 62 429 | | 5 | Klaipėdos vanduo, PLC (Water workers) | 4 921 | 34 971 | | 6 | KLASCO, PLC (Klaipėda Stevedoring Company) | 4 455 | 144 667 | | 7 | Baltijos laivų statykla, PLC (Shipbuilding yard) | 2 832 | 111 789 | | 8 | Balticum, Ltd. | 1 902 | 8 884 | | 9 | Klaipėdos baldų prekyba (Furniture trade) | 1 500 | 38 000 | | 10 | Klaipėdos kartonas, PLC (Cardboard) | 1 462 | 46 619 |
Source: Vakarų žinios Investments In 2001 the investments in Klaipėda exceeded the amount of 1 billion Litas. The fact that 20 of the 100 largest foreign investors in Klaipėda serves as the best illustration of the city’s attractiveness for investors. 
The biggest foreign investors in Klaipėda | Investor | Country | Company | Activity | Sum mln. USD | | Philip Morris International | USA | Philip Morris Lietuva PLC | Tobacco products | 72.5 | | Carlsberg | Denmark | Švyturys PLC | Brewery | 47.1 | | Odense Steel Shipyard Ltd. | Denmark | Shipbuilding yard “Baltija” PLC | Ship building | 18 | | Osman Trading AB; Woodison Trading AB; Ferrous Investment Ltd; Distral S.A. | Sweden, Ireland, GB | Klaipėdos nafta PLC | Oil terminal | 17 | | Siemens AG | Germany | Baltijos automobilių technika Ltd. | Industry of electronics | 14 |
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