Avia Solutions Group and Kaunas Free Economic Zone Management UAB signed a memorandum of cooperation to develop a new Aviation Park in the territory of the Kaunas Free Economic Zone, Lithuania.  The park will cost an estimated $40 million and will be the largest center of aviation services in Lithuania.

This major project is aimed at attracting various local and foreign companies engaged in providing a wide spectrum of aviation related services such as aircraft engine and landing gear MRO, aircraft tear down, and aviation-related scientific research. The new aviation park is planned to occupy 100 ha and will be located next to Kaunas International Airport.