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
The pace of the privatisation effort in Poland should be stepped up, Economy Minister Jerzy Hausner told a meeting of business leaders
more »
STMicroelectronics Announces Mass Roll-out in Poland and Czech Republic Of VISA cards based on Proton Prisma Smart Card Platform
more »
The dollar was basking on Friday in the afterglow of US figures which rekindled expectations of a pick-up in the world's biggest economy later this year
more »
Russian prosecutors today said they are investigating the murder of several people who had disputes with Russia's largest oil company, Yukos
more »
Ministry to pay Israeli investor for canceled D47 highway project
more »
At its meeting yesterday the cabinet decided that Hungary will introduce the Euro from January 2008
more »
Siemens-Yazaki Wiring Technologies Lietuva Plans Bigger Turnover
more »
Russia's monetary base (broad definition) went up 1.88% in June from 1.51 trillion to 1.53 trillion rubles on July 1 2003
more »
Kazakhstan Jan-May Oil Exports Up 11% On Year To 17 Million Tons
more »
Italians are the worst drivers in Europe but Norwegians are the most likely to lose their cool, a survey has found
more »