The telecommunications equipment company Peplink is joining the Yellowstone business community. The company will establish its Research and Development Division in the newly constructed business center, with operations set to commence in the fall.
Giedrius Motiejūnas, Head of Peplink's Lithuanian division, expressed the company's commitment to providing improved working conditions for its employees through this relocation. "In our search for a new office, accessibility and comfort were paramount considerations. The Yellowstone Business Center stood out due to its convenient location, well-designed layout, and favorable maintenance costs," Motiejūnas commented.
The new premises will feature modern amenities including kitchen facilities, meeting rooms, and a dedicated server room for testing network equipment.
Situated on Jasinskio Street, the nine-story Yellowstone building, designed by Prof. Rolando Palekas' architectural studio and "Planas B," signifies the revitalization of the "Business Triangle." This initiative, spearheaded by a collaborative effort of four architectural firms, aims to rejuvenate a 3-hectare area, integrating commercial, residential, and public functions while restoring connections with the Neris riverbank and fostering vibrant public spaces.
Thirteen Lithuanian investors, including notable entities such as Marius Jovaiša's company "Unseen Pictures" and Tautvydas Barščius' company "Taba Invest," have contributed to the project. Leasing for the building is managed by "Colliers Baltics."
