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NOTICE: The Lithuanian Development Agency (LDA) has been restructured into two public organizations - "Invest Lithuania" and "Enterprise Lithuania". The Ministry of Economy of the Republic of Lithuania is the owner of the two new institutions.
LDA among Best-Performing Business Promotion Agencies Worldwide
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| Figure 1. Major Improvers since 2006 |
The Lithuanian Development Agency is among Top 3 government investment promotion intermediaries worldwide showing the greatest progress in attracting mobile investment and also No. 12 among 181 agencies, the Global Investment Promotion Benchmarking 2009 report shows.
Lithuania is named among middle-income countries, including also Brazil, Colombia, and Turkey that are showing immense progress in competing for mobile investment by providing increasingly professional services and accurate information to potential investors.»
New FDI and Export Strategy by Ernst&Young
The global leader in assurance, tax, transactions and advisory services Ernst&Young has provided LDA with a two-fold study on foreign direct investment and exports promotion - Lithuania’s FDI and Export Strategy.
The two studies include a diagnosis of the FDI and exports market trends and business environment, the best practices and strategic recommendations to improve Lithuania’s FDI and exports, as well as an action plan for the implementation of the strategy by the Lithuanian Development Agency. »
Publication 'Advantage Lithuania '09
The following publication ‘Advantage Lithuania’, prepared by Lithuanian Development Agency, provides basic facts about Lithuania, presents an overview of the country’s overall economic performance, reviews the latest trends in the development of our foreign trade and FDI flows, as well as presents the newest developments in Lithuania’s promising economic sectors. The publication is an efficient guide for foreign businesses looking for opportunities to expand their activities to Lithuania.
Download Advantage Lithuania '09 (PDF 2,16 MB)
Info on Lithuanian Market in 4 Languages
LDA has prepared and is regularly updating presentations (ppt and pdf) on the Lithuanian market peculiarities and trends in 4 languages – Lithuanian, English, German and Russian. »
Lithuania is Better Equipped to Overcome Crisis than Its Neighbours
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Lithuania has improved its competitiveness in the last 12 months and moved up the ladder by 5 places up to the 31 out of the 57 countries ranking, beating Estonia for the 1st time and leaving other neighboring economies far behind, shows the IMD World Competitiveness Yearbook 2009. The results of the Stress Test executed by IMD World Competitiveness Centre also reveal that Lithuania is better equipped to fare through the crisis and improve its competitiveness in the near future than its neighbours.
Lithuania has witnessed a big leap forward in government efficiency, moving up from 36 to 25 and business efficiency (up from 41 to 35) as well as improving ratings in infrastructure category by three steps to 29.
The best improvements were recorded in the evaluation of the brain drain, black market, immigration policies with many less local businesses saying that these factors had a negative effect on the economy and their businesses. »
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2008 |
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Population (m)
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3,35 |
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GDP (%)
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3.1 |
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GDP (€ bn)
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32.3 |
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GDP per capita (€)
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9,600 |
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FDI (€ bn)
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9.1 |
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FDI per capita (€)
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2,896 |
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Exports (€ bn)
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16.1 |
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Imports (€ bn)
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21 |
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Unemployment (%)
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5.8 |
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Average monthly gross
salary (€)
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672 |
Source: Lithuanian Department of Statistics, www.stat.gov.lt
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Meet LDA and Lithuanian Textile Manufacturers at TECHTEXTIL 2009
LDA, the Lithuanian Textile Institute and 3 Lithuanian textile products’ manufacturers are preparing to visit and take part in TECHTEXTIL 2009, to take place in Frankfurt, Germany, on June 16-18, 2009. LDA invites foreign businesses to meet with the Lithuanian textile enterprises and establish new business contacts. »
Discussion on Business Opportunities in Central and Eastern Europe, on June 4, 2009, in the Netherlands
LDA kindly invites business enterprises to take part at the Central and Eastern Europe Event on the 4th of June, 2009, in Baarn, the Netherlands, and research your business opportunities / possibilities in Central and Eastern Europe. The focus is on the European Union Member States Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovenia and Slovak Republic. »
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Year 2009
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5th Anniversary of EU Membership
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Business News&Events
19 New Investment Areas in Klaipėda FEZ
Klaipėda Free Economic Zone (FEZ) received a EUR 3.6 million support from the Ministry of Economy to create access to 19 new investment areas occupying 42.18 hectares. »
Lithuania Congratulates Country’s New President
Lithuania’s Central Electoral Commission (VRK) finished calculating the results of the Lithuanian presidential elections that took place on 17 May 2009 - the European Union’s budget chief Ms. Dalia Grybauskaitė won a resounding victory, with 68.21 % of the vote. »
The Economist: Vilnius is an Example to Others
The Economist has turned its attention towards Vilnius the European Capital of Culture 2009 and introduced Lithuania’s capital as “an example to others—a contested city, but not a divided one” in its print edition last April. » Microsoft innovation centre opened in Kaunas
A Microsoft innovation centre was opened in Kaunas on 29 April. Established in Kaunas Science and Technology Park Technopolis, the centre will conduct research programmes intended for students, scientific institutions and start-ups. »
Call for Applications for EU Structural Funds Support
Private businesses are invited to apply for financial support available from the EU Structural Funds program “Leader LT 2”. »
Services by INVEST LITHUANIA
 Information and consultancy on investment in Lithuania
Search for matching partners and building contact networks
Guidance through the investment location selection process and company visits
Investment aftercare
Contacts
Jogailos str. 4, LT-01116 Vilnius, Lithuania
Ph. (+370 5) 262 7438
Fax (+370 5) 212 0160
E-mail info@investlithuania.com
www.businesslithuania.com
Invest Lithuania in Social Media:
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Services by ENTERPRISE LITHUANIA
Information on Lithuanian products and manufacturers
Search for matching partners
Incoming/outgoing trade missions and contact fairs
International business promotion projects
Contacts
Jogailos str. 4, LT-01116 Vilnius, Lithuania
Ph. (+370 5) 249 9083
Fax (+370 5) 212 0160
E-mail info@enterpriselithuania.com
www.businesslithuania.com
Enterprise Lithuania in Social Media:
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