Information about the Country
Lithuania joined the European Union (EU) in 2004 and the laws of the country are now fully harmonized with the EU legislation. It has an attractive tax system, characterized by low and flat taxes.
Lithuania is a modern, dynamic, and open country in Northern Europe.
Lithuania is a prime transport centre in Northern Europe.
Lithuania is ranked as having one of the highest qualities of life among more than 190 countries around the globe. In the International Living 2010 Quality of Life Index, Lithuania is ranked 22nd
in the world by criteria, which consist of nine categories: cost of living, culture and leisure, economy, environment, freedom, health, infrastructure, safety, risk, and climate.
When it comes to the labor market, Lithuania has to offer a unique combination of highly qualified human resources and relatively low wages. Lithuanians are among most educated nations in the European Union.
Around 93% of 25 to 64 year-olds have at least secondary education (to compare with 74% average in the EU). Around 34% of Lithuanians hold a higher education qualification, which is above the EU average of 27% (Eurostat). Lithuanians are good at languages
, and it is no wonder that Lithuania finds itself among the top five EU countries boasting the greatest number of people proficient in at least one foreign language. As many as 90% of Lithuanians can converse in foreign languages (usually English, Russian and Polish), and this is far beyond the EU average of 50%. About half of the Lithuanian population speaks two foreign languages (Eurostat). Lithuanians have produced some globally significant achievements.
Lithuanian pharmacy specialists created a cheaper, but no less effective, version of an existing medicine for treating cancer. Also, Lithuanian laser companies were among the first in the world to transfer fundamental research into manufacture.
Investment and Trade Profileasas
Investment and Trade Profile
Lithuania has much to offer the foreign investor seeking to set up in the Baltic Region as a springboard to the East as well as to the wider European market.
Lithuania is located on the very crossroads of 3 huge markets. It’s a springboard to the EU markets, and Eastern markets (Russia and the CIS countries) are also just at Lithuania’s side. Situated in the very centre, Lithuania is sometimes called a Northern, and sometimes an Eastern European country. Lithuania is an authentic combination of Northern and Eastern features. It has got what is regarded as Scandinavian - clean, orderly, progressive, natural and attractive, as well as what is regarded as Eastern European – new, rapidly developing, on the rise, and as yet undiscovered.
Excellent infrastructure and Communications Network
- The European Union has recognized Lithuania as the prime transport centre in the region linking the EU with the East.
- Crossroads of international transport routes - two EU - priority transport corridors.
- International airports (located in Central, Eastern and Western Lithuania) with direct routes to most European cities
- Northernmost and only ice-free seaport on the eastern shore of the Baltic Sea - Klaipėda State Seaport
The Lithuanian Government has set a strategic goal to be achieved by the country by the year 2015 - to become the Northern Europe Service Hub.
Window to East - Russia and CIS
Because of the historical neighborhood with Russia, Lithuania still maintains good connections with the Russian people. We speak Russian (it was our second language), we can easier understand Russians mentality and the way they want to run business, build trust and friendship between partners. Lithuania was one of the main countries supplying textile products around CIS countries and we have already built in a record of the highest Baltic textile quality in the consumers’ memory there.
Vilnius is the capital of the Republic of Lithuania and the largest administrative heart with all major political, economic, social and cultural centers. Lithuania is a member of the EU, it borders the Baltic Sea, Latvia, Belarus, Poland and Russia (Kaliningrad). Vilnius is in the South East of the country.
Current area of Vilnius covers about 400 square km. Buildings cover 29.1% of the city and the remaining area is prevailed with the greenery (68.8%) and waters (2.1%).
History reveals that Vilnius was first mentioned in 1323 by the Grand Duke Gediminas, who sent numerous letters to Western Europe inviting traders and craftsmen of all nationalities and religious confessions to settle in the city. Now Vilnius is the largest city in the country, with the population of approximately 560 thousands people, according to the data of 2001-2009.
The Old Town, historical centre of Vilnius, is one of the largest in Eastern Europe (360 ha). The most valuable historic and cultural heritage is concentrated here. The buildings in the Old Town—there are about 1.5 thousand of them—were built in a number of different centuries, therefore, it is a mixture of all European architectural styles. Although Vilnius is often called a Baroque city, here you will also find masterpieces of Gothic, monuments of Renaissance, Neoclassicism and other styles. The main sights of the city are the Gediminas Castle, the Cathedral Square—symbols of the capital—and the historic centre, the Old Town of Vilnius, which in 1994 was inscribed on the UNESCO World Heritage list.
"Vilnius" has many names, many faces and many mysteries. Seeming to be in the remote corner of Europe, it is, in fact, located less than 20 kilometers from the geographical centre of Europe. And, indeed, Vilnius is like a miniature Europe in one town and you can find here everything – from Italianate Baroque to Russian Orthodox churches, from German Gothic to Austrian Rococo architecture and traces of the Jewish past. It is a city, where one street can tell you a thousand stories.
No wonder, for several centuries it is the best kept secret of the world famous artists and the secret source of their inspiration – from great poets and writers, from Adam Mickiewicz, Czesław Miłosz and Romain Gary, to the great painters Marc Chagall, Chaim Soutine and Mstislav Dobuzhinsky, as well as the composers Mikalojus Konstantinas Čiurlionis and Rodion Shchedrin. We would recommend you to visit the following website before you travel to Vilnius: http://www.vilnius-tourism.lt/en/tourism Also visit those useful links:
Information about Lithuania - http://en.wikipedia.org/wiki/Lithuania
Travel information service on Lithuania - http://www.visitlithuania.net