What defines us is our desire to be the best. Since 2008 we have been ranked among the top 5 fastest growing economies in the EU, and going forward we are forecast to continue to rise above the EU average. Added to this, our can-do-approach has enabled us to jump eleven places since 2013 for the ease of starting a business to 11th place globally in the World Bank’s Doing Business Report.

1. We speak
fluent business
JUNE | 2017

2. 2
103 MILLION
NORTHERN EUROPE
290 MILLION
EASTERN EUROPE
340 MILLION
WESTERN AND
SOUTHERN EUROPE
Population2 2.8 million
Labour Pool2 1.5 million
Unemployment2 7.9%
Facts & figures
Source 1: Eurostat, 2016
Source 2: Statistics Lithuania, 2016
Source 3: European Economic Forecast, Autumn 2016
in EU for GDP growth since 20001
− in 20162: 2.3%
− in 2017f3: 2.7%
1st

3. 3
Globally ranked player
Source 1: World Bank, 2016
Source 2: World Economic Forum, 2016
Source 3: Heritage Foundation, 2017
Source 4: Yale University, 2016
Source 5: Transparency International, 2017
Source 6: PWC, 2016
Ease of Doing
Business1
out of 190
countries
evaluated21
Global Competitiveness
Index2
out of 138
countries
evaluated35
Environmental
Performance Index4
out of 180
countries
evaluated23
Corruption
Perception Index5
out of 176
countries
evaluated38
Paying Taxes
Ranking6
out of 189
countries
evaluated27
Index of Economic
Freedom3
out of 180
countries
evaluated16

4. 4
Performance in FDI
Source: Invest Lithuania, 2017
37%
31%
13%
5%
4%
3%
Shared Services Centres
Manufacturing
IT Design, Development &
Testing
Business Services
Sales, Marketing & Support
Logistics
Top business activities according to
jobs planned | 2010-2016
Top investing countries by share of total
projects | 2010-2016
13%
United
States
6% Germany
8% Denmark
10% Sweden
9% Norway
10% UK
6% Finland

5. 5
Young & talented labour
1
World-class infrastructure
2
Great quality to cost ratio
3
Business friendly environment
4
Perfect living pace
5
What gives Lithuania the edge?

6. 6Young & talented labour
Young highly qualified talent
Source 1: Eurostat, 2015 (age group 25-34)
Source 2: Population Census, 2011
Source 3: Europeans and their languages, 2012
Source 4: Ministry of Education and Science, 2015-2016
53% of population with
higher education11st in EU
80% proficiency in English
among young professionals2
50% speak at least two
foreign languages3
41%
18%
13%
9%
7%
5%
7%
Social sciences, Business and Law
Engineering, Manufacturing and
Construction
Health and Welfare
Humanities and Arts
Science, Mathematics and Computing
Education
Other programmes
Students by study fields in higher
education institutions | 2015-20164

7. World-class infrastructure 7
Digital infrastructure: fast, reliable and affordable
Source 1: IMD World Competitiveness Yearbook, 2016
Source 2: OpenSignal, 2016
Source 3: European Commission Digital Agenda Scoreboard, 2015
EU and global leader in connectivity
and communication technology
globally in fulfilling business
needs for ICT11st
1st In Europe for mobile
4G coverage2
for fixed
broadband price31st in EU
2,73%
2,19%
1,85%
1,57%
1,25% 1,12% 1,06%
0,87%
0,71%
% of disposable income | Advertised download speed above 12 and
up to 30 Mbps | 2015

8. World-class infrastructure 8
Logistics: fast connection infrastructure
Source 1: World Economic Forum, Global Competitiveness Report, 2016-2017
Source 2: www.portofklaipeda.lt
Source 3: Girteka Logistics, 2014. Estimates based on two-driver shared shift model
Road & Rail
Air
Sea
− 1st in CEE for quality of roads1
− Rail cargo services direct to Russia, Belarus, Latvia,
Poland, Germany, Ukraine and Asia (incl. China)
− 3 International Airports, access to major European cities
within 2-3 hours flight
− Klaipėda State ice-free Seaport
− 14.5 m deep port, handling up to 65 million tons of cargo
annually, the largest port in the Baltic States2
3

9. 9Great quality to cost ratio
Cost & quality combined
Source 1: National statistics departments, 2016
Source 2: European Office Market. Edition 2017, BNP Paribas Real Estate
4 658
3 642
1 146
929 771
0
1 000
2 000
3 000
4 000
5 000
Average gross monthly salary (Eur), 20161
Ranked alongside Ireland, Germany, Switzerland for
its business environment, Lithuania can also
guarantee a fantastic cost to quality ratio.
One of the lowest office rental
prices in the region2

10. 10Business friendly environment
Business friendly environment
7 Free Economic Zones (FEZ):
− 0% corporate tax for the first 6 years*
− 50% discount on corporate tax over
the next 10 years*
− 0% tax on dividends*
− 0% tax on real estate*
Industrial Parks (IP)
6-12 months delivery of build-to-suit
manufacturing facilities
* Conditions apply
corporate profit tax0-15%
21% VAT
0-15%
15%
9%
30.98%
dividends
personal income tax
social security tax paid by employee
social security tax paid by employer

11. 11Perfect living pace
Perfect living pace
Source 1: The New York Times, 2011
Source 2: European Commission, 2016
Source 3: Mercer's 2016 Cost of Living Ranking
Source 4: Rotten Wifi tests, 2016
− According to the Mercer Cost of Living Index
2016, Vilnius is one of the four least expensive
EU capitals to live in for expatriates3
Cost of living
Lifestyle
− Vilnius is ranked by the New York Times
alongside Copenhagen, Barcelona and Capetown
as a hip and well managed place to live1
− 98% of Vilnius inhabitants are satisfied with living
here (highest percentage among EU capitals)2 Keeping you
connected with
the fastest
public Wi-Fi
globally4

12. 12Sectors
Global Business Services
Manufacturing
Technology
LITHUANIA – YOUR TOP OPTION FOR:

13. 13Sectors
#1 Global Business Services
Source 1: Invest Lithuania, 2016 H1
Source 2: Business Daily, Annual Survey, 2015
Source 3: Central and Eastern Europe Shared Services and Outsourcing Awards, 2016
professionals employed
in the sector1~13,000
30+ languages spoken in
SSCs in Lithuania1
yearly growth of
SSC sector1
12%
Top 3 most desired
employers are SSCs2
The best
destination
for shared
services and
outsourcing
in CEE3

14. 14Sectors
Arminta Saladžienė, Head of Nasdaq Baltic
For companies like us that develop advanced
solutions, Lithuania provides the perfect mix of
exceptional infrastructure and exceptional talent.
Nasdaq Technology and Business Support Competence Center
FTE 170
Languages English, French, German, Spanish, Russian
Established 2015, Vilnius
Functions Development and QA Verification of Trading, Clearing,
CSD and Governance IT Platforms
System Operations, IT Operations Analytics Solutions
Accounts Payable and Receivable, Payroll, Financial
Control, Business Control, etc.

15. 15Sectors
Functions: F&A, IT, HR
Languages: English
Headcount: 700 Established: 2014, Kaunas
Functions: F&A, HR, Customer operations, IT, Analytics
Languages: 10 languages
Headcount: 210 Established: 2014, Vilnius
Functions: F&A, HR, IT, Legal
Languages: English, Danish, Norwegian, Swedish, Finnish
Headcount: 1750 Established: 2012, Vilnius
Functions: F&A, Procurement, Business transformation
Languages: 12 languages
Headcount: 250 Established: 2014, Vilnius
#1 Global Business Services Presence in Lithuania
Technology & HR Centre Global Operations Center
Shared Service Center Shared Service Center
Excellence CenterShared Service Center
Functions: IT, HR
Languages: English, French, German, Italian, Spanish
Headcount: 1200 Established: 2009, Vilnius
Functions: F&A, HR, IT, Customer operations, Procurement, other
Languages: 34 languages
Headcount: 1700 Established: 2010, Vilnius

16. 16Sectors
#2 Manufacturing
Source 1: Statistics Lithuania, 2015
of Lithuania’s GDP is generated
by its manufacturing sector1
19%
65%
of all manufacturing production
is exported1
DE, LV, US,
PL, UK
main export
destinations1

17. 17Sectors
Raimundas Petrauskas, Managing Director at Schmitz Cargobull Baltic
Our efficiency rates in Lithuania are outstanding.
The local team of innovative engineers and the
flexible production line we’ve put in place have
allowed us to exceed the demands of the constantly
shifting market needs.
Schmitz Cargobull Baltic
FTE 440
Established 1999, Panevėžys
Products Thermo-insulating panels
Isothermal transportation equipment: insulated trucks,
trailers and semi-trailers

18. 18Sectors
#2 International Manufacturing Presence in Lithuania
Manufacturing plant / R&D Manufacturing plant
Manufacturing plant Manufacturing plant
Manufacturing plantManufacturing plant
Products: Iso-thermal trucks, trailers and semi-trailers
Headcount: 440
Established: 1999, Panevėžys
Products: Respiratory care products
Headcount: 1,980
Established: 1996, Pabradė
Products: Electronic circuit boards
Headcount: 580
Established: 1993, Kaunas
Products: Electrical distribution systems
Headcount: 1,500
Established: 2014, Panevėžys
Products: Tobacco
Headcount: 480
Established: 1993, Klaipėda
Products: Reagents
Headcount: 630
Established: 2010, Vilnius

19. 19Sectors
#3 Technology
Source 1: Information Technologies in Lithuania 2016, Statistics Lithuania
Source 2: Ministry of Education and Science, 2016
Lithuania’s consistent focus on tech education helps to
further secure its reputation as a highly attractive location
for global tech business players, such as UBER, WIX,
UNITY and many others.
31,500
persons
employed in IT1
50% increase in IT study
funding in 20162
17%
increase in IT student
pipeline over 2013-20152

20. 20Sectors
Boaz Inbal, Manager of External Dev. Centres at Wix.com
As advocates of the ‘can-do’ attitude, when we first
visited Lithuania we were thoroughly impressed by
the creativity, energy and entrepreneurial spirit of
the people we met. That’s the Wix way, and so
Lithuania seemed like a natural fit for our company.
Wix.com
FTE 65
Established 2013, Vilnius
Products Wix.com applications and strategic Wix projects, IT and
R&D projects

21. 21Sectors
#3 Top Global Tech and Start-up Businesses in Lithuania
Technical office Technical office
Development unit
Head officeDevelopment office
Activity: Software development, QA, Product Design for
Wix.Com web development platform
Headcount: 65
Established: 2013, Vilnius
Activity: Adtech solution development, product management
Headcount: 500
Established: 2006 in Vilnius and 2013 in Kaunas
Activity:
Critical infrastructure support, DevOps, software
development
Headcount: 30
Established: 2015, Vilnius
Development unit
Activity: R&D and QA for Unity engine
Headcount: 30
Established: 2007, Vilnius
Activity: Development of public transport app designed to plan
journeys using real-time data
Headcount: 30
Established: 2007, Vilnius
Activity: Software development, advanced analytics, product
strategy
Headcount: 130
Established: 2012, Vilnius

22. 22
Invest Lithuania is the official agency for Foreign Direct Investment and Business Development.
We’ll partner with you to get your business set up and off to the best start possible:
All of our services are free of charge
Interested? Here’s how Invest Lithuania can help
Decision-making
We’ll help you make the most informed
decisions for your new operations:
− Tailored in-depth market and industry
insights,
− Advice on business costs,
− Information concerning the local labour
and legal framework.
Business Establishment
We’ll connect you with everyone you need to
know to guarantee a soft landing for your set up:
− Intros and meetings with key market players
and relevant governmental institutions,
− Sourcing of governmental financial support.
Business Development
Once you are up and running we’ll be there
with aftercare and support:
− Assistance with one-off problems,
− Lobbying for greater governmental
support.

23. Contact info
Invest Lithuania
T. +370 5 262 7438
E. info@investlithuania.com
A. Jogailos St. 4 / LT-01116
www.investlithuania.com