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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 at the EMS Summit 2009 in Germany
 The Lithuanian Development Agency (LDA) will take part in the 5th Annual European Manufacturing Strategies Summit 2009 (EMS Summit 2009) on 12-14th of October, 2009 in Dusseldorf, Germany. During the 3-days summit LDA representatives are going to present the latest developments and economic achievements of Lithuania to leading European business decision makers. The EMS Summit will serve as a strategic manufacturing conference and a networking event. LDA is sincerely expecting to meet you at the summit and kindly invites to appoint a meeting in advance. Please contact: Mr. Antanas Miseikis, Senior Project Manager, ph: +370 5 264 90 68, e-mail: antanas.miseikis@lda.lt Visit EMS Summit’s website www.ems-summit.com
Top News
Latest Lithuanian Economy Estimates by World Bank and World Economic Forum
Lithuania is ranked 26 out of 183 world’s economies on the ease of doing business (start-up and operations, trading across borders, paying taxes, and closing a business) and outpaces Latvia, Slovakia, Slovenia, Poland and Russia in Doing Business 2010: Reforming through Difficult Times report by the World Bank. »
One of the Highest Industrial Production Growths Registered in Lithuania
The latest EU industry growth estimates released by EUROSTAT last September show that Lithuania had one of the highest industrial production rises among EU members in July 2009 compared with June 2009. »
Lithuanian Among World’s Top 40 Leaders in Mobile Communication Business
Ilja Laurs, founder and CEO of GetJar Networks, has been listed as one of the 40 most influential leaders in the world’s mobile communication industry. »
Meet LDA Abroad
Strong Lithuanian Businesses’ Interest in Scanpack 2009, 20-23
For the first time ever a string of companies from the Baltic countries will be exhibiting at Scanpack, Scandinavia’s leading fair for the whole packaging industry, which will be held in the Swedish Exhibition & Congress Centre in Göteborg for the 16th time on 20-23 October. »
Chance to Meet Lithuanian Manufacturers at BakuBuild 2009 in Azerbaijan on 21-24 October, Sweden
A group of Lithuanian producers of wooden houses, flooring, lighting, furniture, and wastewater treatment plants as well as LDA will participate at the largest construction event in the Caucasus and Caspian regions BakuBuild 2009, aiming to create an effective platform for joint business projects with companies in the economically very attractive Caucasus and Caspian markets. »
TOUR SALON 2009 Will Tell Foreign Travellers About Lithuania
Representatives of LDA are preparing to attend TOUR SALON 2009, Poland's largest tourist show, and present Lithuania as an attractive tourist destination to the international audience of the event. »
10 Lithuanian Enterprises Among Central Europe’s Top 500 Largest Companies
10 Lithuanian companies have been listed among top 500 largest Central European (CE) companies in 2008, as the CE Top 500 survey by Deloitte Central Europe shows. »
Lithuanian Laser Company Producing Two Innovative Products
The Lithuanian company Light Conversion Ltd., which is the world inventor and leading producer of continuously wavelength tunable ultrafast light sources, is to present two new laser technologies to the world market – a laser that will be used in genetic research as well as a laser which will be applied in eye surgery. »
Lithuania Raised VAT Rate
Lithuania increases the VAT rate from 19 % to 21 % from September 1, 2009. The reduced VAT rate of 9 % is applicable for heating energy, books and non-periodical press. »
Santara Valley Will Become State-significance High-Tech Centre
Producers of medical techniques and sun batteries are ready for investments into Visoriai Information Technology Park (VITP), located in the science and technology valley “Santara” – the area acknowledged by the Government of Lithuania as a state-significance economic project, announced the business daily “Verslo žinios”. »
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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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9,6 |
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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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Travel Channel Will Create a Film about Lithuania
Travel Channel will create two films about tourism opportunities in Lithuania. The half-hour film "Essential Lithuania" and the half-hour programme called "Travel Today" are to be filmed in Lithuania. »
Equity Markets Drive Investors to the Baltic States
One of the world’s leading business information websites FT.com announced that equity values in the Baltic States of Lithuania, Latvia and Estonia have been speedily growing, however, Baltic shares still remain cheap by global standards, and this drives investors to pour back into the three markets. »
Panevėžys Industrial Park Will Specialise in High-tech Project
High-tech businesses will be soon invited to launch their activities in Panevezys Industrial Park (PIP) which will be the first industrial park in Lithuania specializing in high-tech business projects and will be fully developed next summer. »
Aer Lingus Started a New Route Vilnius-London (Gatwick)
Ireland’s national airline Aer Lingus started a new route from Vilnius to London (Gatwick) from 10/09/2009. »
Biggest Containership Moored at Klaipėda State Seaport
On the 9th of September the longest and the biggest-capacity containership „MSC Anielo“ moored at Klaipėda seaport. »
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5th Anniversary of EU Membership
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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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