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
Surprisingly strong U.S. employment figures breathed life back into a jaded recovery story Friday, sending European shares higher with German software firm SAP leading a tech charge
more »
Russian oil company Yukos completed a merger with a smaller rival Friday, even as government officials stepped up a criminal investigation of the giant producer.
more »
The OPEC oil cartel on Thursday raised pressure on rival producers to join output restraint efforts even though prices seem too high for non-OPEC states to consider sharing the load
more »
IMF Says Lithuania is Well-Placed for Rapid Integration Into the Euro Zone
more »
Wincor Nixdorf Oy delivers 335 lottery terminals to Estonia
more »
LUKoil has won a tender to acquire 79.5% of the shares in Serbian Beopetrol
more »
The zloty varied markedly last week
more »
Norwegian Krone Gains Most Against Dollar: Currency Scorecard
more »
OPEC Planning to Maintain Oil Quotas as U.S. Winter Nears
more »
TeliaSonera's Russian associated company plagued by ownership dispute
more »