About the Company:

Teltonika is a multi-national, family-owned technology business headquartered in Lithuania. It specialises in the design and manufacturing of Internet of Things (IoT) devices.

With a global workforce exceeding 2,500 employees and a presence in over 26 countries, the company has established itself as a leading provider of industrial networking equipment, telematics devices, telemedicine solutions, and electric vehicle technologies.

Teltonika offers comprehensive electronics design and contract manufacturing services from its production facilities in Lithuania, serving a diverse international market.

Greater Manchester Growth Story:

Teltonika announced its decision to establish its first UK base at Exchange Quay in Manchester, marking a significant milestone in its expansion strategy. The move represents a commitment to the UK and Irish markets, with plans to create a localised support team and increase headcount year on year.

Occupying a fully fitted and furnished space within Building 8 at Exchange Quay, the company aims to leverage Greater Manchester's vibrant tech ecosystem and innovation landscape to access top-tier talent from our city-region's numerous educational institutions.

MIDAS has seen an increase in tech companies looking at Greater Manchester, and Salford is proving a destination location to access both creative minds and great office space.

Working with MIDAS

The MIDAS team played a key role in Teltonika's UK expansion, responding to an initial brief from the Department for Business and Trade.

Providing comprehensive market and property intelligence and facilitating a targeted two-day office search that ultimately led to the selection of Exchange Quay.

This support underscores Greater Manchester's commitment to attracting innovative international businesses and fostering a dynamic tech ecosystem.

The investment represents not just a new office location, but a strategic commitment to the UK market, promising job creation and contributing to the continued growth of the region's technology sector.

“Being present in the UK is important for both our current and future clients. We want to be closer to them, enabling faster and more precise product feedback tailored specifically to the UK market. We chose Manchester for its access to top-tier talent, strategic location, and vibrant tech community. Additionally, we received support from local institutions such as MIDAS, which worked swiftly and guided us throughout the process of establishing our presence in the UK.”, - Ciarán Harkin, CEO, Teltonika UK