Trade With Lithuania

• With largest and most diversified industries in the Baltics,
• highly competitive and export oriented companies,
• excellent infrastructure,
• and combining low costs with hig value,

Lithuania is a key to

• rich Scandinavian,
• huge CIS,
• growing Eastern European,
• and fast developing Baltic States' markets.

Reasons to start and develop business in Lithuania
 

Easy
 

• The World Bank Group Report “Doing Business in 2006: Creating Jobs” named Lithuania one of the World Top 20 economies (15th in the world) and the best of the new EU states on the ease of doing business.
• Lithuania has a modern banking and financial system. The modern banking technologies, such as e-banking, etc. are fully implemented in Lithuania. The costs of commercial loans from Lithuanian banks are among the lowest in Europe, ranging from 5.5% to 6% per year.
• Lithuania offers excellent infrastructures for foreign businesses. Lithuania has 4 international airports with direct routes to most European cities, best roads in the Baltics, an ice-free sea port and an efficient railway system. Fast Internet is available in all Lithuania’s regions, the number of mobile telephone network subscribers is just the same as the population of Lithuania.

Safe
 

• Lithuania is a full member of NATO and the EU,
• Lithuanian laws are harmonized with those of the EU, the country offers unrestricted movement of capital and dividends.
• Lithuania pursues a stable and effective monetary policy.

Profitable

• Lithuania is the least expensive country to do business in the new EU-10 states, according to the results of the survey carried out by DHL in 2004. The Pricerunner 2004 report also named Lithuania as the least expensive country in Europe.
• Lithuanians are well known for their diligence and are praised by foreign business people for their high qualifications, loyalty and strong motivation. Lithuanian labour productivity / labour cost ratio is the highest in the Baltics and three times higher than the EU-15 average.
• Companies, such as SAAB, Volvo, Renault, Laura Ashley, Cacharel, H&M, Philips, Samsung and many more increase their profitability by outsourcing to Lithuania.
  
  
  More information: www.lda.lt