Doing Business in Lithuania

Swedish Chamber of Commerce in Lithuania

Doing Business in Lithuania

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

Trade exhibitions in Vilnius

2009

02.12 - 02.15 VILNIUS BOOK FAIR 2009

10th international Vilnius Book Fair /Baltic Book Fair

02.19 - 02.21 SELF-EDUCATION, STUDIES, CAREER 2009

Professional Education, Studies, Continuous Teaching of Adults

02.27 - 03.01 VIVATTUR 2009

Tourism, Sports and Leisure

03.06 - 03.08 CINDERELLA 2009

Cosmetology and cosmetics, dietary supplements and rest, equipment and services, special equipment and

fashion accessories

03.14 - 03.15 INTERNATIONAL DOG SHOW

03.25 - 03.28 FURNITURE 2009

Furniture and new Design Ideas in Furniture Production

03.25 - 03.28 BMTf 2009

Materials for the Furniture and Wood Industries

04.07 - 04.10 RESTA 2009

Construction and renovation

04.22 - 04.25 BALTMOTORSHOW 2009

Baltic International Motorshow

05.06 - 05.08 AdPrint – EXHIBITION ON ADVERTISING AND PRINTING 2009

Advertising, marketing, exhibition design and printing

05.19 - 05.22 INFOBALT 2009

Information Society Technologies

05.19 - 05.22 BALTTECHNIKA 2009

Innovation and High Technologies.Industrial Equipment, Energy, Electrical Engineering, Environment Protection, Components, Measuring Devices. Subcontracting.

07.08 - 07.12 ART VILNIUS' 09

The first international Art fair in the Baltic countries

08.07 - 08.08 INTERNATIONAL DOG SHOW

09.17 - 09.19 BALTMEDICA 2009

Medical and laboratory equipment, pharmaceuticals, dentistry and optics. Healthy lifestyle

09.23 - 09.25 BALTIC TEXTILE AND LEATHER 2009

Textiles, Clothing, Raw Materials and Innovations

10.01 - 10.03 CITY.REAL ESTATE 2009

International exhibition on real estate and investments.

10.15 - 10.17 BMTtech 2009

Technologies and Machinery for the Furniture and Wood Industries

10.24 - 10.25 INTERNATIONAL DOG SHOW