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Lithuanian Trade Office




LITHUANIA:
YOUR STRATEGIC GATEWAY TO EUROPE
Lithuanian Trade Office



WHY CONSIDER LITHUANIA?

 Location (CIS, BSR, EU)
 Talent Pool
 ICT Resources
 Logistics Infrastructure
 Business Climate
 Leading Industries
Lithuanian Trade Office

Location – Easy Access To Markets/Customers

 Established international sales channels
                                                             BSR -
 80% of all European freight is moved via
                                                           110 million
  the 3 Pan-European transport corridors
  crossing Lithuania

 Crossroads of North, East and West

 2–3 Hour flight to most major
                                                                            CIS -
  European cities
                                                                         250 million

 Great geopolitical situation                  EU -
                                             340 million
Lithuanian Trade Office


Workforce – Qualified, Multilingual Staff

 92% of population speak at least one foreign language
  (EU average is 54%)
 52% of population speak two or more foreign languages
  (EU average is 25%)
 1st in the World Competitiveness Rankings in literacy2
 1st in the share of female labor force in the world2
 1st in the EU for completion of secondary or higher education3
 23 universities, 24 colleges, 40,000 graduates per year
Lithuanian Trade Office

ICT Resources

 Highest fiber penetration in Europe (28%)
  (6th in the world)
 Densest network of public Internet access points
  in Europe
 World’s fastest download Internet (32.4Mbps)
 World’s 2nd fastest upload Internet (24.4Mbps)
 1st GSM penetration in Europe (147%)
 92% of financial operations done via e-banking
 88% declaring their income tax online
Lithuanian Trade Office

Logistics Infrastructure

 4 Modern international airports

 Northernmost ice-free seaport on the
  Baltic Sea

 Regionally best network of roads
  and highways

 Logistics represents 16% of the
  country’s GDP
 Rail line ”Saulė” - connects Lithuania and China. Deliveries arrive
  within 10 days
 Rail line “Viking” – connects Lithuania, Belarus and Ukraine – EU
  border is cleared within 30 minutes
 More than 700,000 m² of logistics and warehousing facilities
Lithuanian Trade Office

Business Climate

 Labor costs are four times lower than the EU
  average

 Employee turnover is only ~2% in production and
  ~8% in service jobs

 Only 9% of the employed population are        are
  members of a trade union

 5 Integrated science, R&D and            business
  business valleys

 15% Flat corporate tax rate

 Tax holidays in FEZ’s

 Modern and affordable office space
Lithuanian Trade Office



Leading Industries

 Life Sciences
 Lasers and Electronics
 ICT
 Medical Devices
 High Value-Added Manufacturing
 Services
Global Presence in Lithuania
Lithuanian Trade Office
Contact Us


Information


Assistance


Market Analysis

                                 Web: www.lithuaniantradeoffice.com
Partner Search
                                E-mail:info@lithuaniantradeoffice.com
Guidance


Networking


Aftercare




                  Lithuania is a real world version of
                  the mythical notion of Shangri-La.
                                        Representative for the city of Akron, Ohio

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Lithuanian Trade Office: Your Strategic Gateway to Europe

  • 1. Lithuanian Trade Office LITHUANIA: YOUR STRATEGIC GATEWAY TO EUROPE
  • 2. Lithuanian Trade Office WHY CONSIDER LITHUANIA?  Location (CIS, BSR, EU)  Talent Pool  ICT Resources  Logistics Infrastructure  Business Climate  Leading Industries
  • 3. Lithuanian Trade Office Location – Easy Access To Markets/Customers  Established international sales channels BSR -  80% of all European freight is moved via 110 million the 3 Pan-European transport corridors crossing Lithuania  Crossroads of North, East and West  2–3 Hour flight to most major CIS - European cities 250 million  Great geopolitical situation EU - 340 million
  • 4. Lithuanian Trade Office Workforce – Qualified, Multilingual Staff  92% of population speak at least one foreign language (EU average is 54%)  52% of population speak two or more foreign languages (EU average is 25%)  1st in the World Competitiveness Rankings in literacy2  1st in the share of female labor force in the world2  1st in the EU for completion of secondary or higher education3  23 universities, 24 colleges, 40,000 graduates per year
  • 5. Lithuanian Trade Office ICT Resources  Highest fiber penetration in Europe (28%) (6th in the world)  Densest network of public Internet access points in Europe  World’s fastest download Internet (32.4Mbps)  World’s 2nd fastest upload Internet (24.4Mbps)  1st GSM penetration in Europe (147%)  92% of financial operations done via e-banking  88% declaring their income tax online
  • 6. Lithuanian Trade Office Logistics Infrastructure  4 Modern international airports  Northernmost ice-free seaport on the Baltic Sea  Regionally best network of roads and highways  Logistics represents 16% of the country’s GDP  Rail line ”Saulė” - connects Lithuania and China. Deliveries arrive within 10 days  Rail line “Viking” – connects Lithuania, Belarus and Ukraine – EU border is cleared within 30 minutes  More than 700,000 m² of logistics and warehousing facilities
  • 7. Lithuanian Trade Office Business Climate  Labor costs are four times lower than the EU average  Employee turnover is only ~2% in production and ~8% in service jobs  Only 9% of the employed population are are members of a trade union  5 Integrated science, R&D and business business valleys  15% Flat corporate tax rate  Tax holidays in FEZ’s  Modern and affordable office space
  • 8. Lithuanian Trade Office Leading Industries  Life Sciences  Lasers and Electronics  ICT  Medical Devices  High Value-Added Manufacturing  Services
  • 9. Global Presence in Lithuania
  • 10. Lithuanian Trade Office Contact Us Information Assistance Market Analysis Web: www.lithuaniantradeoffice.com Partner Search E-mail:info@lithuaniantradeoffice.com Guidance Networking Aftercare Lithuania is a real world version of the mythical notion of Shangri-La. Representative for the city of Akron, Ohio