Vilnius Mayor and Council two years report to Vilnius Tech Park community, Antakalnis based organizations representatives, and other active residents.

1. VILNIUS MAYOR AND COUNCIL
REPORT

2. DYNAMIC & GROWING
EUR 9b+ total FDI
(30%+ increase since 2011)
11,000 new well-paying jobs in 2016
30,000+ SMEs
44 service centres
employing
11,000+ 60,000+ students
7,000+ in IT-related subjects

3. KEY GROWTH INDUSTRIES
Fintech, GameDev & other ICT, Biotech, Lasers & Light, BPO & LPO
Lithuania is one of the “fastest growing innovators in Europe”
European Commission Report on Innovation in the EU
0
5
10
15
20
25
30
35
40
2013 2014 2015 2016
NUMBER OF FOREIGN COMPANIES
SETTING UP ANNUALLY BY SECTOR
SSC GameDev ICT Fintech Biotech Other
0
500
1000
1500
2000
2500
3000
3500
2013 2014 2015 2016
NUMBER OF JOBS CREATED
ANNUALLY BY SECTOR
SSC GameDev ICT Fintech Biotech Other

4. FAST & OPEN
One of Europe’s “Top 5 cities for fast-growth businesses”
# 1 in EU for ease of starting a business
Inc. Magazine, World Bank Doing Business Report 2016
Europe’s 2nd youngest capital
Fastest public WiFi in the world
Register your company in 3 days
Fastest for fintech
3-month licensing,1-year sandbox
direct SEPA access

5. The debt of the City of Vilnius decreased by EUR 105.3 million (as much as 25 %)
Interest savings –EUR 1.3 million
HISTORICAL BREAKING POINT: DEBTS
OF VILNIUS ARE DECREASING

6. Grinda
A comparison of 2015 and 2016 showed that the volumes of the works
completed increased by nearly 50%, operating costs decreased by 31% (or
EUR 7 million)
In 2016, earned EUR 840,000 in profit (EUR 924,000 in loss in 2015).
Long-term liabilities decreased by 53%, or EUR 1.6 million, trade payables
decreased by 90%, or EUR 4.4 million.
SUCCESSFUL REORGANISATION AND IMPROVING
PERFORMANCE OF MUNICIPALITY ENTERPRISES
Water supply entity Vilniaus vandenys
In 2016, the company reached a turnover of EUR
40.6 million, which was by 0.2 % down from 2015.
The Company’s EBITDA within one year increased
by one fifth to EUR 13.9 million (EUR 11.7 million in
2015).
Operating costs decreased by more than 14%.

7. • Another 1,000 places will be created by building modular kindergartens
• Starting from September a refund of EUR 100/month for child care will be
allocated to all residents of Vilnius (those hiring baby-sitters, or raising
children at home by themselves)
• As of 1 September 2014, before the effective date of the new order, 87
private institutions were attended by about 3,000 children, and last
autumn private kindergartens were attended by more than 5,000
children.
• Renovation of a record-high number (total 8) of kindergartens in less than
2 years.
MORE THAN 3,500 NEW PLACES IN
KINDERGARTENS
7,500 places shortage at the beginning
of the office term

8. A MICRO:BIT FOR EVERY FIFTH-GRADER

9. FRIENDLY VILNIUS

10. 2016:
• 34 km of streets asphalted
• 8 km gravel roads
• Arrangement of more than 440 driveways to yards
• Installation of about 15 km of pavement, repair of 3 km of
destroyed and chipped pavement
RENEWING VILNIUS: RESIDENTIAL
ENVIRONMENT IMPROVEMENT PROGRAMME
2017:
• Asphalting of about 54 km streets, 20 km more than last year
• Arrangement of more than 460 driveways to yards
• Installation of no less than 15 km of new pavement, and repair of
about 4 km of broken-down pavement

11. Before 2017:
• Repair of 120 problem spots on the cycle paths
• Renewal of 6 km of cycle paths in Nemenčinė Rd. and Gabijos St.
• Approval of the quality standard for bicycle paths
• Launching of the ‘Cyclist-friendly street ’initiative, separate paths
built at Islandijos and Universiteto streets, some illogical bicycle
lanes erased from pavements.
• Design of new bicycle paths in the entire city
CYCLIST-FRIENDLY CITY
2017-2018:
• Construction of 45 km of bicycle paths
• Repair of no less than 250 problem spots in bicycle
paths in the city

12. Renewal of 6.5 km of the bank of the Neris
• 500 m restored in 2015
• 5 km restored in 2016
• The last kilometer under restoration in 2017
• Restoration of 7 km of natural paths of the river valley along
the Neris, from Lazdynai to Žvėrynas, and along Vileišis
street in Antakalnis and Vingis Park.
The bank of the Neris river has not been repaired for 40
years
THE RIVER RETURNS TO THE CITY

13. Ten new areas are being developed in Fabijoniškės, Lazdynai,
Antakalnis, Šeškinė, Karoliniškės, Pilaitė, Naujamiestis,
Naujoji Vilnia, Pašilaičiai and Naujininkai.
Vingis park
About one third of the Vingis park territory has been restored,
asphalt laid on 4 km of bicycle paths, new handball and
badminton grounds built, renewed sporting equipment,
opening of the new access to the Neris river.
CITY AREAS FOR RECREATION

14. Launching of an open international tender for
the selection of a private carrier
The winners of the tender will supply to Vilnius 52
medium-capacity environmentally friendly buses,
accommodating up to 70 passengers, and intended
to serve the routes reaching the suburban areas of
Vilnius.
Lot II in progress – procurement of 43 buses
serving four main routes in the city.
Shortly a new tender of the VVT will be
announced to acquire 150 new public
transportation vehicles.
COMFORTABLE AND FAST
PUBLIC TRANSPORTATION

15. S. Nėries swimming pool
• Total 7 participants submitted their proposals for the
public tender regarding the construction of a swimming
pool at S. Nėries St. in Fabijoniškės district.
• The contract on the construction of the swimming pool
is scheduled to be signed in May.
• The swimming pool construction project duration –8–12
months.
Swimming pool in Lazdynai
• Total 7 participants submitted their proposals for the
public tender regarding the construction of a swimming
pool in Lazdynai.
• The contract on the construction of the swimming pool
in Lazdynai is scheduled to be signed in May.
• Duration - 18–36 months.
NEW SWIMMING POOLS IN VILNIUS

16. • Two out of four child care homes were reorganised.
• One fourth –about 40 foster-children were placed
in communities of small families accommodated in
modern apartments
• The buildings previously used for the reorganised
child care homes will be reformed into nurseries-
kindergartens.
• 11 professional foster parents were trained and
prepared to accept children under a temporary care
arrangement.
• Construction of territorial family support homes in
which personal family assistants take care of
families assigned to social risk group and lacking
social skills.
INITIATORS OF CHILD CARE HOMES
REFORM IN LITHUANIA

17. GROWING SUSTAINABLY
Population: 620,000+
1% annual increases through 2021*
* Nordea Bank Projection
88%
92%
96%
100%
104%
2012 2013 2014 2015 2016 2017
CHANGE IN POPULATION
Kaunas Klaipėda Panevėžys
Šiauliai Vilnius

18. A CITY THAT’S LIVABLE & LOVABLE
# 9 in the world for work-life balance
Business Insider

19. EUROPE’S HAPPIEST CAPITALTM
98% of citizens satisfied with life in Vilnius
Eurostat 2016 Survey

20. BE WITH US IN VILNIUS!