When in 1940 Law faculty and its unit of Economics of Vytautas Magnus University were moved to Vilnius University, Kaunas was deprived of economics centre that could concentrate both research and publishing activities. There appeared some kind of a gap in the training system of engineers because their qualifications required not only technique and technology but also production management, enterprise economy knowledge. This was well perceived by the authorities of Kaunas University technical faculties and later by the authorities of Polytechnic Institute. Thus, as early as 1940 while restructuring Vytautas Magnus University the basics of public economy and enterprise management were joined together and formed the course of industrial enterprise and work management. In 1948 there were some attempts to establish the Department of Industrial Economics, however, it functioned only for a year. In 1949 the University authorities agreed to set up the Faculty of Engineering Economy, but the idea was not realized.