The document summarizes why companies should consider Lithuania for business. It highlights Lithuania's strategic location providing access to large markets in the EU, CIS and Baltic regions. It also outlines Lithuania's talented multilingual workforce, strong ICT infrastructure, modern logistics network, competitive costs and business friendly climate. The document promotes several of Lithuania's leading industries and provides contact information for the Lithuanian Trade Office which can offer information, assistance and market analysis to companies interested in the country.

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