Foreign Investors in Lithuania Invested Twice as Much as They had Pledged
Published:
31 March 2003 y., Monday
In 1998-2001, foreign investors into state-owned entities invested EUR 96.8 million or twice the amount they had pledged to invest and the number of jobs they retained exceeded the expected level by 2,500 jobs, according to the report of the State property Fund.
The State Property Fund monitored the implementation of 641 privatisation deals signed between 1998 and 2002.
Buyers of Lithuanian state-ownned companies had been obliged to retain 16,000 jobs but actually 18,500 jobs were retained. Additional jobs were created at the national gas company Lietuvos Dujos, shipper Lisco Baltic Service and some other companies
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Accordiong to RA 2005 bill on state budget, by the end of 2005 Armenia's foreign debt will amount to about $1 billion 172 million
more »
China hopes Uzbekistan could take measures to attract more Chinese enterprises to invest there while the Chinese government encourages them to "go out"
more »
Levies on business are seriously harming the country’s competitiveness, KPMG finds
more »
Mikohn Europe B.V. a leading provider of diversified products and services used in the gaming industry world-wide announced today it signed a key CasinoLink(R) contract with DLV Firma Latvia
more »
Russia and Belarus have settled all problems related to gas supplies till 2005
more »
The Confederation of Finnish Industries (EK) published a cyclical barometer on Thursday with a message urging moderation for the ongoing incomes talks
more »
The dollar fell to a record low against the euro on Friday, with analysts forecasting more declines to come
more »
Kazakhstan has reached a preliminary agreement in its controversial bid for part of a stake owned by British Gas (BG) in the vast Kashagan offshore oil field, the country's foreign ministry said yesterday
more »
Poland and Russia sign accord as Eastern exports return to pre-crash levels
more »
ITALIAN INVESTMENTS IN RUSSIA REACH $1.4 BILLION
more »